PIMCO Credit Absolute Fund Manager Performance Evaluation

PCARX Fund  USD 9.57  -0.01  -0.10%   
The fund has a beta of 0.12, which indicates relatively modest fluctuations relative to the market. With a sub-1 beta, PIMCO Credit participates in market rallies at a reduced pace while also limiting downside exposure.
Risk-Adjusted Performance
Weak
 
Weak
 
Strong
Over the last 90 days, PIMCO Credit Absolute generated negative risk-adjusted returns and added little value for fund investors. The result matters because weak risk-adjusted return can persist even when isolated price moves briefly look constructive. Despite somewhat strong basic indicators, PIMCO Credit is not utilizing all of its potential. The current price disturbance may contribute to short-term losses for investors. Learn More
  

Relative Risk vs. Return Landscape

If you had invested $ 978.00 in PIMCO Credit Absolute on December 14, 2025 and sold it today you would have lost $ 21.00 from holding PIMCO Credit Absolute or given up 2.15% of portfolio value over 90 days. PIMCO Credit Absolute is currently producing negative expected returns and carries 0.2007% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than PIMCO, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
This market-relative note looks at return potential and the amount of risk required to get it. It keeps the emphasis on benchmark context, not just standalone performance. Assuming a 90-day horizon PIMCO Credit is expected to generate 0.25 times more return on investment than the market. However, the fund is 3.95 times less risky than the market. It trades about -0.18 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.08 per unit of risk.

Historical Prices of PIMCO Credit Absolute

Below is the normalized historical share price chart for PIMCO Credit Absolute extending back to September 01, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PIMCO Credit stands at 9.57, as last reported on the 14th of March 2026, with the highest price reaching 9.57 and the lowest price hitting 9.57 during the day.
Macro event markers
 
Yuan Drop
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

Mean reversion in PIMCO Mutual Fund pricing reflects the well-documented tendency for funds to converge toward their intrinsic value over time. Forecasting models leverage this pattern, though they must also account for periods when market dynamics keep prices away from equilibrium.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
9.57 90 days 9.57
close to 99
Our statistical analysis indicates the probability of PIMCO Credit moving above the current price in 90 days from now is close to 99 (This chart shows the likelihood of PIMCO Mutual Fund trading at different price levels over the next 90 days).
Assuming a 90-day horizon PIMCO Credit has a beta of 0.12 indicating as returns on the market go up, PIMCO Credit's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding PIMCO Credit Absolute is expected to be smaller as well. Additionally, PIMCO Credit Absolute has a negative alpha, implying that the risk taken by holding this instrument is not justified. The fund is significantly underperforming the Dow Jones Industrial.
   PIMCO Credit Price Density   
       Price  

Predictive Modules for PIMCO Credit

When forecasting PIMCO Credit Absolute, investors benefit from applying a variety of techniques rather than relying on a single method. The fund market is inherently unpredictable, but systematic comparison of different model outputs helps investors develop a more balanced perspective and prepare for alternative scenarios.
Experienced PIMCO Credit's investors use mean reversion as a complement to momentum analysis: momentum identifies the trend; mean reversion identifies when that trend has extended beyond sustainable levels.
Hype
Prediction
LowEstimatedHigh
9.379.579.77
Details
Intrinsic
Valuation
LowRealHigh
9.419.619.81
Details
Naive
Forecast
LowNextHigh
9.279.479.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.669.829.97
Details
The most actionable insights from PIMCO Credit analysis often emerge from peer comparison rather than standalone review. PIMCO Credit's metrics gain meaning when benchmarked against the best and worst performers in its sector.

Primary Risk Indicators

Dramatic market swings over the past two decades have made risk management essential for mutual fund investors. PIMCO Credit has been affected by sudden drops and strong recoveries alike. A hedging approach that tracks PIMCO Credit's volatility and fundamental risk indicators can help investors in PIMCO Credit Absolute limit the impact of adverse moves.
α
Alpha over Dow Jones
-0.0343
β
Beta against Dow Jones0.12
σ
Overall volatility
0.06
Ir
Information ratio 0.03

Investor Alerts and Insights

For PIMCO Credit investors, automated alerts provide a systematic way to monitor the fund for actionable developments. PIMCO Credit Absolute notifications highlight changes in key indicators that could influence investment decisions.
PIMCO Credit generated a negative expected return over the last 90 days
The fund maintains about 8.49% of its assets in cash

PIMCO Credit Fundamentals Growth

Revenue growth, earnings performance, and balance sheet health are among the most critical fundamentals shaping PIMCO Mutual Fund valuation. Investors rely on these metrics to evaluate PIMCO Credit's current position and future prospects.

Performance Metrics & Calculation Methodology

PIMCO Credit performance is typically evaluated through NAV-based returns relative to category peers and stated objectives. Correlation shifts can alter portfolio contribution during regime changes.

Macroaxis compiles PIMCO Credit Absolute metrics from fund disclosures and market reference feeds and applies consistent transformation rules before display. Not all fields update in real time. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board