Pimco Income Five Year Return vs. Beta
| PFL Etf | USD 8.42 0.01 0.12% |
For Pimco Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pimco Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pimco Income Strategy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pimco Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pimco Income Strategy over time as well as its relative position and ranking within its peers.
Pimco |
The market value of Pimco Income Strategy is measured differently than its book value, which is the value of Pimco that is recorded on the company's balance sheet. Investors also form their own opinion of Pimco Income's value that differs from its market value or its book value, called intrinsic value, which is Pimco Income's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pimco Income's market value can be influenced by many factors that don't directly affect Pimco Income's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pimco Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Pimco Income Strategy Beta vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pimco Income's current stock value. Our valuation model uses many indicators to compare Pimco Income value to that of its competitors to determine the firm's financial worth. Pimco Income Strategy is rated number one ETF in five year return as compared to similar ETFs. It is regarded fourth largest ETF in beta as compared to similar ETFs totaling about 0.11 of Beta per Five Year Return. The ratio of Five Year Return to Beta for Pimco Income Strategy is roughly 9.05 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Pimco Income by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Pimco Beta vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Pimco Income |
| = | 6.34 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Pimco Income |
| = | 0.7 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Pimco Beta Comparison
Pimco Income is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
As returns on the market increase, Pimco Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Income is expected to be smaller as well.
Pimco Income Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pimco Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pimco Income will eventually generate negative long term returns. The profitability progress is the general direction of Pimco Income's change in net profit over the period of time. It can combine multiple indicators of Pimco Income, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years. It employs fundamental analysis with top-down approach to create its portfolio. The fund was formerly known as PIMCO Floating Rate Income Fund. PIMCO Income Strategy Fund was formed on June 19, 2003 and is domiciled in the United States.
Pimco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pimco Income. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pimco Income position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pimco Income's important profitability drivers and their relationship over time.
Use Pimco Income in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pimco Income position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pimco Income will appreciate offsetting losses from the drop in the long position's value.Pimco Income Pair Trading
Pimco Income Strategy Pair Trading Analysis
The ability to find closely correlated positions to Pimco Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pimco Income when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pimco Income - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pimco Income Strategy to buy it.
The correlation of Pimco Income is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pimco Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco Income Strategy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pimco Income can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Pimco Income position
In addition to having Pimco Income in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Pimco Etf
To fully project Pimco Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pimco Income Strategy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Pimco Income's income statement, its balance sheet, and the statement of cash flows.