Pimco Dynamic Income Stock Z Score
| PDO Stock | USD 13.60 0.01 0.07% |
Pimco | Z Score |
Pimco Dynamic Income Company Z Score Analysis
Pimco Dynamic's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Pimco Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Pimco Dynamic is extremely important. It helps to project a fair market value of Pimco Stock properly, considering its historical fundamentals such as Z Score. Since Pimco Dynamic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pimco Dynamic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pimco Dynamic's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, Pimco Dynamic Income has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and about the same as Energy (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Pimco Dynamic Current Valuation Drivers
We derive many important indicators used in calculating different scores of Pimco Dynamic from analyzing Pimco Dynamic's financial statements. These drivers represent accounts that assess Pimco Dynamic's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pimco Dynamic's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 1.2B | 1.5B | 1.4B | 1.4B | 1.0B |
Pimco Fundamentals
| Current Valuation | 2.99 B | ||||
| Shares Outstanding | 115.82 M | ||||
| Shares Owned By Insiders | 0.01 % | ||||
| Shares Owned By Institutions | 19.70 % | ||||
| Number Of Shares Shorted | 1.53 M | ||||
| Price To Earning | 6.65 X | ||||
| Price To Book | 1.07 X | ||||
| Price To Sales | 51.37 X | ||||
| Revenue | 30.67 M | ||||
| EBITDA | 30.63 M | ||||
| Net Income | 30.63 M | ||||
| Cash And Equivalents | 6.5 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 1.02 B | ||||
| Current Ratio | 11.97 X | ||||
| Cash Flow From Operations | (402.32 K) | ||||
| Short Ratio | 3.48 X | ||||
| Earnings Per Share | 1.48 X | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 1.58 B | ||||
| Total Asset | 2.63 B | ||||
| Retained Earnings | (759.55 M) | ||||
| Working Capital | 7.35 M | ||||
| Current Asset | 8.02 M | ||||
| Current Liabilities | 670 K | ||||
| Annual Yield | 0.14 % | ||||
| Net Asset | 2.63 B |
About Pimco Dynamic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pimco Dynamic Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pimco Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pimco Dynamic Income based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Pimco Dynamic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pimco Dynamic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pimco Dynamic will appreciate offsetting losses from the drop in the long position's value.Moving against Pimco Stock
| 0.45 | MKDTY | Molecular Data | PairCorr |
| 0.32 | VKSC | Viskase Companies | PairCorr |
| 0.31 | WS | Worthington Steel | PairCorr |
The ability to find closely correlated positions to Pimco Dynamic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pimco Dynamic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pimco Dynamic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pimco Dynamic Income to buy it.
The correlation of Pimco Dynamic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pimco Dynamic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco Dynamic Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pimco Dynamic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Pimco Dynamic Piotroski F Score and Pimco Dynamic Valuation analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Independent Oil & Gas space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pimco Dynamic. If investors know Pimco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pimco Dynamic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.48 |
The market value of Pimco Dynamic Income 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Pimco Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Pimco Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Dynamic'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.