Pimco Municipal Income Fund Price on August 12, 2024
| PMF Fund | USD 9.64 0.08 0.84% |
Below is the normalized historical share price chart for Pimco Municipal Income extending back to June 27, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pimco Municipal stands at 9.64, as last reported on the 2nd of December, with the highest price reaching 9.65 and the lowest price hitting 9.57 during the day.
If you're considering investing in Pimco Fund, it is important to understand the factors that can impact its price. At this point, Pimco Municipal is very steady. Pimco Municipal Income maintains Sharpe Ratio (i.e., Efficiency) of 0.061, which implies the entity had a 0.061% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pimco Municipal Income, which you can use to evaluate the volatility of the fund. Please check Pimco Municipal's Risk Adjusted Performance of 0.0519, semi deviation of 0.9143, and Coefficient Of Variation of 1539.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.061%.
Pimco Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pimco |
Sharpe Ratio = 0.061
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Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Pimco Municipal is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pimco Municipal by adding it to a well-diversified portfolio.
Market Capitalization 290.8 M |
Pimco Municipal Valuation on August 12, 2024
It is possible to determine the worth of Pimco Municipal on a given historical date. On August 12, 2024 Pimco was worth 9.13 at the beginning of the trading date compared to the closed value of 9.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pimco Municipal fund. Still, in general, we apply an absolute valuation method to find Pimco Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pimco Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pimco Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 9.24 | 9.24 | 9.13 | 9.15 | 50,584 | |
08/12/2024 | 9.13 | 9.23 | 9.13 | 9.20 | 37,753 |
| 9.23 | 9.30 | 9.23 | 9.27 | 46,980 |
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Pimco Municipal Trading Date Momentum on August 12, 2024
| On August 13 2024 Pimco Municipal Income was traded for 9.27 at the closing time. Highest Pimco Municipal's price during the trading hours was 9.30 and the lowest price during the day was 9.23 . The net volume was 47 K. The overall trading history on the 13th of August 2024 contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 0.76% . The trading delta at closing time to current price is 1.41% . |
Pimco Municipal Income Fundamentals Correlations and Trends
By evaluating Pimco Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pimco Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pimco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pimco Municipal Fund history
Pimco Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pimco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pimco Municipal Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pimco Municipal stock prices may prove useful in developing a viable investing in Pimco Municipal
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in investment grade municipal bonds. It employs fundamental analysis with a top down stock picking approach to create its portfolio. It conducts in house research using proprietary models. PIMCO Municipal Income Fund was formed on June 29, 2001 and is domiciled in the United States.
Pimco Municipal Fund Technical Analysis
Pimco Municipal technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Pimco Municipal Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Pimco Municipal Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pimco Municipal December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Pimco Municipal fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pimco Municipal shares will generate the highest return on investment. By undertsting and applying Pimco Municipal fund market strength indicators, traders can identify Pimco Municipal Income entry and exit signals to maximize returns
Pimco Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pimco Municipal's price direction in advance. Along with the technical and fundamental analysis of Pimco Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pimco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0519 | |||
| Jensen Alpha | 0.0346 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.3542 |
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Other Information on Investing in Pimco Fund
Pimco Municipal financial ratios help investors to determine whether Pimco Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pimco with respect to the benefits of owning Pimco Municipal security.
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