Pimco Preferred And Etf Performance
| PRFD Etf | 51.15 0.07 0.14% |
The etf holds a Beta of 0.0419, which implies not very significant fluctuations relative to the market. As returns on the market increase, PIMCO Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO Preferred is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in PIMCO Preferred And are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, PIMCO Preferred is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
PIMCO |
PIMCO Preferred Relative Risk vs. Return Landscape
If you would invest 5,022 in PIMCO Preferred And on August 30, 2024 and sell it today you would earn a total of 93.00 from holding PIMCO Preferred And or generate 1.85% return on investment over 90 days. PIMCO Preferred And is currently generating 0.0293% in daily expected returns and assumes 0.1854% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than PIMCO, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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PIMCO Preferred Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Preferred's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as PIMCO Preferred And, and traders can use it to determine the average amount a PIMCO Preferred'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 = 0.158
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| Negative Returns | PRFD |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average PIMCO Preferred is performing at about 12% 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 Preferred by adding it to a well-diversified portfolio.
About PIMCO Preferred Performance
By analyzing PIMCO Preferred's fundamental ratios, stakeholders can gain valuable insights into PIMCO Preferred's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PIMCO Preferred has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if PIMCO Preferred has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
PIMCO Preferred is entity of United States. It is traded as Etf on NYSE ARCA exchange.