PIMCO ETF Financials
| MINO Etf | USD 45.67 0.01 0.02% |
Net Expense Ratio 0.0039 | 3 y Sharp Ratio (0.41) |
PIMCO |
The data published in PIMCO ETF's official financial statements typically reflect PIMCO ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving PIMCO ETF's quantitative information. For example, before you start analyzing numbers published by PIMCO accountants, it's essential to understand PIMCO ETF's liquidity, profitability, and earnings quality within the context of the PIMCO space in which it operates.
PIMCO ETF Etf Summary
PIMCO ETF competes with BlackRock Intermediate, SSGA Active, SSGA Active, and SPDR Nuveen. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80 percent of its assets in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax. Pimco Municipal is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US72201R6356 |
| CUSIP | 72201R635 |
| Region | North America |
| Investment Issuer | PIMCO |
| Etf Family | PIMCO |
| Fund Category | Municipals |
| Portfolio Concentration | Broad Municipals |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
PIMCO ETF Key Financial Ratios
PIMCO Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PIMCO ETF's current stock value. Our valuation model uses many indicators to compare PIMCO ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PIMCO ETF competition to find correlations between indicators driving PIMCO ETF's intrinsic value. More Info.PIMCO ETF Trust is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 8.02 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PIMCO ETF's earnings, one of the primary drivers of an investment's value.PIMCO ETF Trust Systematic Risk
PIMCO ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PIMCO ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on PIMCO ETF Trust correlated with the market. If Beta is less than 0 PIMCO ETF generally moves in the opposite direction as compared to the market. If PIMCO ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PIMCO ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PIMCO ETF is generally in the same direction as the market. If Beta > 1 PIMCO ETF moves generally in the same direction as, but more than the movement of the benchmark.
PIMCO ETF Thematic Clasifications
PIMCO ETF Trust is part of several thematic ideas from Broad Municipals ETFs to Municipals ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPIMCO ETF November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of PIMCO ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PIMCO ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of PIMCO ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing PIMCO Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PIMCO ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3705 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.52 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.356 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in PIMCO ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in PIMCO Etf, please use our How to Invest in PIMCO ETF guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of PIMCO ETF Trust is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO ETF's value that differs from its market value or its book value, called intrinsic value, which is PIMCO ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO ETF's market value can be influenced by many factors that don't directly affect PIMCO ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.