Pimco Intermediate Municipal Etf Performance
| MUNI Etf | USD 52.61 0.10 0.19% |
The etf holds a Beta of -0.0809, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PIMCO Intermediate are expected to decrease at a much lower rate. During the bear market, PIMCO Intermediate is likely to outperform the market.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in PIMCO Intermediate Municipal are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, PIMCO Intermediate is not utilizing all of its potentials. The newest stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | ProStar Geocorp Expands Its Reach into Local and Regional Governments with PointMan Muni | 09/19/2024 |
2 | Fidelity Plans Latest Mutual Fund-to-ETF Flips in Muni Market - Bloomberg | 10/03/2024 |
3 | Why Muni Bond ETFs Make Sense in 2025 - ETF Trends | 10/23/2024 |
4 | PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund declares monthly distribution of 0.1500 | 11/04/2024 |
| In Threey Sharp Ratio | -0.60 |
PIMCO |
PIMCO Intermediate Relative Risk vs. Return Landscape
If you would invest 5,224 in PIMCO Intermediate Municipal on August 31, 2024 and sell it today you would earn a total of 27.00 from holding PIMCO Intermediate Municipal or generate 0.52% return on investment over 90 days. PIMCO Intermediate Municipal is currently generating 0.0084% in daily expected returns and assumes 0.2279% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than PIMCO, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
PIMCO Intermediate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Intermediate's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as PIMCO Intermediate Municipal, and traders can use it to determine the average amount a PIMCO Intermediate's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.037
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| Negative Returns | MUNI |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average PIMCO Intermediate is performing at about 2% 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 Intermediate by adding it to a well-diversified portfolio.
PIMCO Intermediate Fundamentals Growth
PIMCO Etf prices reflect investors' perceptions of the future prospects and financial health of PIMCO Intermediate, and PIMCO Intermediate fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on PIMCO Etf performance.
| Total Asset | 760.67 M | |||
About PIMCO Intermediate Performance
By evaluating PIMCO Intermediate's fundamental ratios, stakeholders can gain valuable insights into PIMCO Intermediate's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PIMCO Intermediate has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if PIMCO Intermediate has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax . Interm Muni is traded on NYSEARCA Exchange in the United States.| Latest headline from seekingalpha.com: PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund declares monthly distribution of 0.1500 | |
| The fund maintains most of the assets in different exotic instruments. |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in PIMCO Intermediate Municipal. 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. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of PIMCO Intermediate 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 Intermediate's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Intermediate'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 Intermediate's market value can be influenced by many factors that don't directly affect PIMCO Intermediate'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 Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Intermediate'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.