Pimco Funds Correlations
AMAXX Fund | USD 1.00 0.00 0.00% |
The correlation of Pimco Funds 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Pimco |
Related Correlations Analysis
0.95 | 0.98 | 0.97 | 0.99 | 1.0 | 0.99 | FRGOX | ||
0.95 | 0.93 | 0.95 | 0.93 | 0.94 | 0.94 | UNWPX | ||
0.98 | 0.93 | 0.93 | 0.98 | 0.98 | 0.97 | OGMCX | ||
0.97 | 0.95 | 0.93 | 0.94 | 0.97 | 0.97 | QGLDX | ||
0.99 | 0.93 | 0.98 | 0.94 | 0.99 | 0.98 | EPGFX | ||
1.0 | 0.94 | 0.98 | 0.97 | 0.99 | 1.0 | FIJDX | ||
0.99 | 0.94 | 0.97 | 0.97 | 0.98 | 1.0 | SGGDX | ||
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Pimco Money Market Fund performing well and Pimco Funds Money Market Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Pimco Funds' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
FRGOX | 1.28 | 0.39 | 0.24 | 0.54 | 1.34 | 3.38 | 6.89 | |||
UNWPX | 1.34 | 0.29 | 0.19 | 4.99 | 1.46 | 3.11 | 8.41 | |||
OGMCX | 1.33 | 0.20 | 0.12 | 0.24 | 1.67 | 2.70 | 7.69 | |||
QGLDX | 0.76 | 0.17 | 0.24 | 2.19 | 0.81 | 1.71 | 3.97 | |||
EPGFX | 1.34 | 0.22 | 0.14 | 0.41 | 1.59 | 2.97 | 7.71 | |||
FIJDX | 1.31 | 0.30 | 0.19 | 0.51 | 1.58 | 3.14 | 6.76 | |||
SGGDX | 1.18 | 0.27 | 0.18 | 0.54 | 1.40 | 2.26 | 6.27 |