Pimco California Municipal Fund Manager Performance Evaluation
| PCQ Fund | USD 9.53 0.04 0.42% |
The fund holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pimco California are expected to decrease at a much lower rate. During the bear market, Pimco California is likely to outperform the market.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Pimco California Municipal are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. Even with relatively invariable fundamental indicators, Pimco California is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors.
...more1 | How To Use CEF Discounts To NAV The Right Way - Forbes | 09/24/2024 |
| Expense Ratio | 1.2200 |
Pimco |
Pimco California Relative Risk vs. Return Landscape
If you would invest 944.00 in Pimco California Municipal on August 28, 2024 and sell it today you would earn a total of 9.00 from holding Pimco California Municipal or generate 0.95% return on investment over 90 days. Pimco California Municipal is generating 0.0168% of daily returns assuming volatility of 0.5993% on return distribution over 90 days investment horizon. In other words, 5% of funds are less volatile than Pimco, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Pimco California Current Valuation
Overvalued
Today
Please note that Pimco California's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Pimco California Mun holds a recent Real Value of $9.11 per share. The prevailing price of the fund is $9.53. We determine the value of Pimco California Mun from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support buying undervalued funds and selling overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Pimco California's intrinsic value may or may not be the same as its current market price of 9.53, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.53 | Real 9.11 | Hype 9.53 | Naive 9.49 |
The intrinsic value of Pimco California's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Pimco California's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Pimco California Municipal helps investors to forecast how Pimco fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Pimco California more accurately as focusing exclusively on Pimco California's fundamentals will not take into account other important factors: Pimco California Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco California's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Pimco California Municipal, and traders can use it to determine the average amount a Pimco California's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0281
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PCQ |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Pimco California is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pimco California by adding it to a well-diversified portfolio.
Pimco California Fundamentals Growth
Pimco Fund prices reflect investors' perceptions of the future prospects and financial health of Pimco California, and Pimco California fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pimco Fund performance.
| Return On Equity | -13.69 | ||||
| Return On Asset | 2.03 | ||||
| Profit Margin | (284.71) % | ||||
| Operating Margin | 82.13 % | ||||
| Current Valuation | 448.38 M | ||||
| Shares Outstanding | 18.91 M | ||||
| Price To Earning | 18.11 X | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 17.18 X | ||||
| Revenue | 17.26 M | ||||
| Cash And Equivalents | 650 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 59.37 M | ||||
| Debt To Equity | 0.18 % | ||||
| Book Value Per Share | 14.28 X | ||||
| Cash Flow From Operations | 37.58 M | ||||
| Earnings Per Share | 0.87 X | ||||
About Pimco California Performance
Assessing Pimco California's fundamental ratios provides investors with valuable insights into Pimco California's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Pimco California is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
PIMCO California Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York.Things to note about Pimco California Mun performance evaluation
Checking the ongoing alerts about Pimco California for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Pimco California Mun help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pimco California Mun generated five year return of -1.0% |
- Analyzing Pimco California's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pimco California's stock is overvalued or undervalued compared to its peers.
- Examining Pimco California's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Pimco California's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pimco California's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Pimco California's fund. These opinions can provide insight into Pimco California's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pimco Fund
Pimco California financial ratios help investors to determine whether Pimco 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.
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