PIMCO ETF Financials
| CMDT Etf | USD 25.97 0.03 0.12% |
Net Expense Ratio 0.0065 |
PIMCO |
The data published in PIMCO ETF's official financial statements typically reflect PIMCO ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving PIMCO ETF's quantitative information. For example, before you start analyzing numbers published by PIMCO accountants, it's essential to understand PIMCO ETF's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
Please note, the imprecision that can be found in PIMCO ETF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PIMCO ETF Trust. Check PIMCO ETF's Beneish M Score to see the likelihood of PIMCO ETF's management manipulating its earnings.
PIMCO ETF Etf Summary
PIMCO ETF competes with ProShares VIX, ProShares VIX, LHA Market, Dynamic Short, and Advisors Inner. The investment seeks to track the results of a fully collateralized investment in futures contracts on the Bloomberg Roll Select Commodity Total Return Index composed of a diversified group of commodity futures which attempts to minimize contango and maximize backwardation. iShares Commodity is traded on Archipelago Exchange in USA.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US45032K1025 |
| CUSIP | 72201R593 |
| Region | Global |
| Investment Issuer | PIMCO |
| Etf Family | iShares |
| Fund Category | Absolute Returns |
| Portfolio Concentration | Broad Commodities |
| Benchmark | Dow Jones Industrial |
| Phone | 800 474 2737 |
| Currency | USD - US Dollar |
PIMCO ETF Key Financial Ratios
PIMCO Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PIMCO ETF's current stock value. Our valuation model uses many indicators to compare PIMCO ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PIMCO ETF competition to find correlations between indicators driving PIMCO ETF's intrinsic value. More Info.PIMCO ETF Trust is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in net asset as compared to similar ETFs making up about 4,051,429 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value PIMCO ETF 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 ETF Trust Systematic Risk
PIMCO ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PIMCO ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on PIMCO ETF Trust correlated with the market. If Beta is less than 0 PIMCO ETF generally moves in the opposite direction as compared to the market. If PIMCO ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PIMCO ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PIMCO ETF is generally in the same direction as the market. If Beta > 1 PIMCO ETF moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as PIMCO ETF is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of PIMCO has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if PIMCO ETF's financials are consistent with your investment objective using the following steps:- Review PIMCO ETF's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand PIMCO ETF's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare PIMCO ETF's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if PIMCO ETF's stock is overvalued or undervalued.
PIMCO ETF Thematic Clasifications
PIMCO ETF Trust is part of several thematic ideas from Absolute Returns ETFs to Broad Commodities ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPIMCO ETF November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of PIMCO ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PIMCO ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of PIMCO ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing PIMCO Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PIMCO ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8621 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.38 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.58 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PIMCO ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy PIMCO Etf please use our How to Invest in PIMCO ETF guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of PIMCO ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is PIMCO ETF'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 ETF's market value can be influenced by many factors that don't directly affect PIMCO ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO ETF'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.