SPDR Bloomberg Barclays 1-3 Month T-Bill ETF Shares Acquired by Prairie Sky Financial Group LLC
| BILZ Etf | 101.00 0.03 0.03% |
Slightly above 56% of PIMCO ETF's investor base is looking to short. The current sentiment regarding investing in PIMCO ETF Trust etf implies that many traders are alarmed. PIMCO ETF's investing sentiment can be driven by a variety of factors including economic data, PIMCO ETF's earnings reports, geopolitical events, and overall market trends.
PIMCO |
Prairie Sky Financial Group LLC boosted its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 1.3 percent in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,542 shares of the companys stock after purchasing an additional 441 shares during the
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PIMCO ETF Fundamental Analysis
We analyze PIMCO ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PIMCO ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PIMCO ETF 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.
One Year Return
One Year Return Comparative Analysis
PIMCO ETF is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
PIMCO ETF Trust Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PIMCO ETF etf to make a market-neutral strategy. Peer analysis of PIMCO ETF could also be used in its relative valuation, which is a method of valuing PIMCO ETF by comparing valuation metrics with similar companies.
Peers
PIMCO ETF Related Equities
| BIL | SPDR Bloomberg | 0.02 | ||||
| XBIL | US Treasury | 0.02 | ||||
| OBIL | US Treasury | 0.02 | ||||
| FTSD | Franklin Liberty | 0.06 | ||||
| XFIV | Bondbloxx ETF | 0.23 | ||||
| FIAX | Tidal Trust | 0.31 | ||||
| FLGV | Franklin Liberty | 0.34 | ||||
| EDV | Vanguard Extended | 1.77 |
Check out PIMCO ETF Hype Analysis, PIMCO ETF Correlation and PIMCO ETF Performance. For more information on how to buy PIMCO Etf please use our How to Invest in PIMCO ETF guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.