Pimco Sterling Short Etf Fundamentals
| QUID Etf | 102.90 0.03 0.03% |
PIMCO Sterling Short fundamentals help investors to digest information that contributes to PIMCO Sterling's financial success or failures. It also enables traders to predict the movement of PIMCO Etf. The fundamental analysis module provides a way to measure PIMCO Sterling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PIMCO Sterling etf.
PIMCO |
PIMCO Sterling Short ETF Beta Analysis
PIMCO Sterling's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current PIMCO Sterling Beta | 0.18 |
Most of PIMCO Sterling's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PIMCO Sterling Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, PIMCO Sterling Short has a Beta of 0.18. This is much higher than that of the family and significantly higher than that of the GBP Diversified Bond - Short Term category. The beta for all United Kingdom etfs is notably lower than that of the firm.
Did you try this?
Run Price Ceiling Movement Now
Price Ceiling MovementCalculate and plot Price Ceiling Movement for different equity instruments |
| All Next | Launch Module |
As returns on the market increase, PIMCO Sterling's returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO Sterling is expected to be smaller as well.
PIMCO Fundamentals
| Beta | 0.18 | |||
| One Year Return | 5.70 % | |||
| Three Year Return | 3.00 % | |||
| Five Year Return | 1.90 % | |||
| Ten Year Return | 1.30 % |
About PIMCO Sterling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PIMCO Sterling Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PIMCO Sterling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PIMCO Sterling Short based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.PIMCO Sterling is entity of United Kingdom. It is traded as Etf on LSE exchange.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in PIMCO Etf
PIMCO Sterling financial ratios help investors to determine whether PIMCO Etf 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 Sterling security.