Pimco California Municipal Fund Manager Performance Evaluation
| PZC Fund | USD 7.11 0.04 0.57% |
The fund holds a Beta of -0.0912, 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
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Very Weak
Over the last 90 days Pimco California Municipal has generated negative risk-adjusted returns adding no value to fund investors. In spite of rather sound basic indicators, Pimco California is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders.
...more1 | PZ Cussons slashes dividend - Investors Chronicle | 09/18/2024 |
2 | Southington Spends 2M To Preserve Downtown Parking - MSN | 11/19/2024 |
| Expense Ratio | 1.2100 |
Pimco |
Pimco California Relative Risk vs. Return Landscape
If you would invest 717.00 in Pimco California Municipal on August 27, 2024 and sell it today you would lose (6.00) from holding Pimco California Municipal or give up 0.84% of portfolio value over 90 days. Pimco California Municipal is generating negative expected returns assuming volatility of 0.5875% 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 $6.88 per share. The prevailing price of the fund is $7.11. 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 purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Pimco California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pimco Fund. However, Pimco California's intrinsic value may or may not be the same as its current market price, 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 7.11 | Real 6.88 | Hype 7.07 | Naive 7.09 |
The real value of Pimco Fund, also known as its intrinsic value, is the underlying worth of Pimco California Mun Fund, which is reflected in its stock price. It is based on Pimco California's financial performance, growth prospects, management team, or industry conditions. 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, or news.
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 = -0.0195
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PZC |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pimco California is not performing at its full potential. However, 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 Pimco California 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 | -13.32 | ||||
| Return On Asset | 2.07 | ||||
| Profit Margin | (273.48) % | ||||
| Operating Margin | 81.95 % | ||||
| Current Valuation | 317.4 M | ||||
| Shares Outstanding | 22.41 M | ||||
| Price To Earning | 15.14 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 12.89 X | ||||
| Revenue | 14.79 M | ||||
| EBITDA | 96.65 M | ||||
| Cash And Equivalents | 1.32 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 51.21 M | ||||
| Debt To Equity | 0.18 % | ||||
| Book Value Per Share | 10.29 X | ||||
| Cash Flow From Operations | 26.45 M | ||||
| Earnings Per Share | 0.56 X | ||||
| Total Asset | 874.25 M | ||||
| Current Asset | 344.17 M | ||||
| Current Liabilities | 254.51 M | ||||
About Pimco California Performance
By analyzing Pimco California's fundamental ratios, stakeholders can gain valuable insights into Pimco California's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pimco California 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 California has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
PIMCO California Municipal Income Fund III 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. It seeks to invest in stocks of companies operating across diversified sectors. Its investment portfolio include California municipal bonds, and other municipal bonds and notes California variable rate notes and other variable rate notes California variable rate demand notes and other variable rate demand notes U.S. treasury bills and call options written and put options written. PIMCO California Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.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 a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Southington Spends 2M To Preserve Downtown Parking - MSN | |
| 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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