Pimco Funds Correlations
| AMGXX 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
| 0.94 | 0.97 | 0.95 | 0.24 | 0.95 | 0.95 | IOGYX | ||
| 0.94 | 0.9 | 1.0 | 0.27 | 0.94 | 0.99 | FGDIX | ||
| 0.97 | 0.9 | 0.9 | 0.19 | 0.92 | 0.9 | XGGNX | ||
| 0.95 | 1.0 | 0.9 | 0.28 | 0.95 | 0.99 | FRGOX | ||
| 0.24 | 0.27 | 0.19 | 0.28 | 0.23 | 0.34 | GCEBX | ||
| 0.95 | 0.94 | 0.92 | 0.95 | 0.23 | 0.93 | UNWPX | ||
| 0.95 | 0.99 | 0.9 | 0.99 | 0.34 | 0.93 | EPGFX | ||
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IOGYX | 1.37 | 0.19 | 0.14 | (67.33) | 1.63 | 2.70 | 7.70 | |||
| FGDIX | 1.31 | 0.30 | 0.19 | 0.51 | 1.56 | 3.15 | 6.82 | |||
| XGGNX | 0.68 | 0.07 | 0.13 | 0.87 | 0.85 | 1.44 | 3.98 | |||
| FRGOX | 1.28 | 0.39 | 0.24 | 0.54 | 1.34 | 3.38 | 6.89 | |||
| GCEBX | 0.76 | 0.02 | 0.05 | (0.02) | 1.15 | 1.49 | 4.21 | |||
| UNWPX | 1.34 | 0.29 | 0.19 | 4.99 | 1.46 | 3.11 | 8.41 | |||
| EPGFX | 1.34 | 0.22 | 0.14 | 0.41 | 1.59 | 2.97 | 7.71 |