Pimco Stocksplus Correlations

PSSAX Fund

USD 7.21 0.01 0.14%

The current 90-days correlation between Pimco Stocksplus and Transamerica Bond Class is -0.13 (i.e., Good diversification). The correlation of Pimco Stocksplus 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 Stocksplus Correlation With Market

Pay attention - limited upside

The correlation between Pimco Stocksplus Ar and DJI is -0.73 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pimco Stocksplus Ar and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pimco Stocksplus Ar. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Pimco Mutual Fund

0.69	PWLEX	Pimco Rae Worldwide	Pair Corr
0.66	PWLBX	Pimco Rae Worldwide	Pair Corr
0.66	PWLMX	Pimco Rae Worldwide	Pair Corr
0.66	PWLIX	Pimco Rae Worldwide	Pair Corr
0.68	PFATX	Pimco Fundamental	Pair Corr
0.63	PFIAX	Pimco Floating Income	Pair Corr
0.66	PFIIX	Pimco Floating Income	Pair Corr
0.64	PFNCX	Pimco Floating Income	Pair Corr
0.65	PFNIX	Pimco Low Duration	Pair Corr
0.61	PFRCX	Foreign Bond	Pair Corr
0.62	PFTCX	Short Term Fund	Pair Corr
0.62	PFUUX	Pimco Foreign Bond	Pair Corr
0.62	PGCAX	Investment Grade Porate	Pair Corr
0.63	PGNPX	Pimco Global Bond	Pair Corr
0.69	PZRAX	Pimco Rae Fundamental	Pair Corr
0.69	PZRIX	Pimco Rae Fundamental	Pair Corr

Moving against Pimco Mutual Fund

0.4	PFOCX	Pimco Foreign Bond	Pair Corr
0.63	PIXCX	Fundamental Indexplus	Pair Corr
0.6	PIXAX	Fundamental Indexplus	Pair Corr

Related Correlations Analysis

	TAADX	MSTBX	DBLFX	SCCIX	DLTNX	ARTFX	FMUUX
TAADX		0.96	0.99	0.99	0.99	0.78	0.9	TAADX
MSTBX	0.96		0.97	0.95	0.98	0.78	0.94	MSTBX
DBLFX	0.99	0.97		0.99	1.0	0.74	0.89	DBLFX
SCCIX	0.99	0.95	0.99		0.99	0.71	0.86	SCCIX
DLTNX	0.99	0.98	1.0	0.99		0.74	0.9	DLTNX
ARTFX	0.78	0.78	0.74	0.71	0.74		0.89	ARTFX
FMUUX	0.9	0.94	0.89	0.86	0.9	0.89		FMUUX
	TAADX	MSTBX	DBLFX	SCCIX	DLTNX	ARTFX	FMUUX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Pimco Mutual Fund performing well and Pimco Stocksplus Mutual 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 Stocksplus' 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
TAADX	0.22	0.02	0.27	0.33	0.18	(0.28)	0.50	(0.38)	1.27
MSTBX	0.11	0.02	0.51	3.47	0.00	(0.15)	0.21	(0.21)	0.62
DBLFX	0.22	0.02	0.30	0.44	0.17	(0.27)	0.54	(0.33)	1.33
SCCIX	0.25	0.02	0.26	0.41	0.22	(0.31)	0.57	(0.38)	1.44
DLTNX	0.22	0.03	0.32	0.78	0.13	(0.31)	0.57	(0.34)	1.40
ARTFX	0.13	0.01	0.34	0.02	0.09	(0.20)	0.44	(0.22)	0.89
FMUUX	0.03	0.00	0.00	(0.26)	0.00	0.00	0.10	0.00	0.40

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