Pimco California Municipal Fund Market Value
| PCTPX Fund | USD 10.72 0.04 0.37% |
| Symbol | Pimco |
Pimco California 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pimco California's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pimco California.
| 12/22/2025 |
| 01/21/2026 |
If you would invest 0.00 in Pimco California on December 22, 2025 and sell it all today you would earn a total of 0.00 from holding Pimco California Municipal or generate 0.0% return on investment in Pimco California over 30 days. Pimco California is related to or competes with Auer Growth, Eip Growth, Eagle Growth, Growth Allocation, Crafword Dividend, and Artisan Small. The fund normally invests at least 80 percent of its assets in debt securities whose interest is, in the opinion of bond... More
Pimco California Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pimco California's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pimco California Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1551 | |||
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 0.6554 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.1883 |
Pimco California Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco California's standard deviation. In reality, there are many statistical measures that can use Pimco California historical prices to predict the future Pimco California's volatility.| Risk Adjusted Performance | 0.0354 | |||
| Jensen Alpha | 0.0029 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 0.2066 |
Pimco California Mun Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco California Mun maintains Sharpe Ratio (i.e., Efficiency) of 0.0755, which implies the entity had a 0.0755 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Pimco California Mun, which you can use to evaluate the volatility of the fund. Please check Pimco California's Risk Adjusted Performance of 0.0354, standard deviation of 0.123, and Downside Deviation of 0.1551 to confirm if the risk estimate we provide is consistent with the expected return of 0.0094%. The fund holds a Beta of 0.0207, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco California is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
Pimco California Municipal has modest reverse predictability. Overlapping area represents the amount of predictability between Pimco California time series from 22nd of December 2025 to 6th of January 2026 and 6th of January 2026 to 21st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pimco California Mun price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Pimco California price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco California Mun lagged returns against current returns
Autocorrelation, which is Pimco California mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pimco California's mutual fund expected returns. We can calculate the autocorrelation of Pimco California returns to help us make a trade decision. For example, suppose you find that Pimco California has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pimco California regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pimco California mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco California mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco California mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco California Lagged Returns
When evaluating Pimco California's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco California mutual fund have on its future price. Pimco California autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pimco California autocorrelation shows the relationship between Pimco California mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco California Municipal.
Regressed Prices |
| Timeline |
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 Mutual Fund
Pimco California financial ratios help investors to determine whether Pimco Mutual 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 California security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| AI Portfolio Prophet Use AI to generate optimal portfolios and find profitable investment opportunities |