Pimco California Municipal Fund Market Value

PCK Fund  USD 5.77  0.07  1.23%   
Pimco California's market value is the price at which a share of Pimco California trades on a public exchange. It measures the collective expectations of Pimco California Municipal investors about its performance. Pimco California is selling for 5.77 as of the 21st of March 2025. This is a 1.23 percent increase since the beginning of the trading day. The fund's last reported lowest price was 5.76.
With this module, you can estimate the performance of a buy and hold strategy of Pimco California Municipal and determine expected loss or profit from investing in Pimco California over a given investment horizon. Check out Pimco California Correlation, Pimco California Volatility and Pimco California Alpha and Beta module to complement your research on Pimco California.
Symbol

Please note, there is a significant difference between Pimco California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco California'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 California 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pimco California's otc fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pimco California.
0.00
02/19/2025
No Change 0.00  0.0 
In 30 days
03/21/2025
0.00
If you would invest  0.00  in Pimco California on February 19, 2025 and sell it all today you would earn a total of 0.00 from holding Pimco California Municipal or generate 0.0% return on investment in Pimco California over 30 days. Pimco California is related to or competes with Pimco California, Nuveen California, Eaton Vance, Invesco California, Pimco California, Pimco Municipal, and MFS Charter. PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Glo... More

Pimco California Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pimco California's otc fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pimco California Municipal upside and downside potential and time the market with a certain degree of confidence.

Pimco California Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco California's standard deviation. In reality, there are many statistical measures that can use Pimco California historical prices to predict the future Pimco California's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco California's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.065.776.48
Details
Intrinsic
Valuation
LowRealHigh
5.065.776.48
Details
Naive
Forecast
LowNextHigh
5.035.746.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.685.856.03
Details

Pimco California Mun Backtested Returns

As of now, Pimco OTC Fund is not too volatile. Pimco California Mun maintains Sharpe Ratio (i.e., Efficiency) of 0.0709, which implies the entity had a 0.0709 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Pimco California Mun, which you can use to evaluate the volatility of the fund. Please check Pimco California's Variance of 0.516, risk adjusted performance of (0.08), and Coefficient Of Variation of (1,199) to confirm if the risk estimate we provide is consistent with the expected return of 0.0501%. The fund holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco California is expected to be smaller as well.

Auto-correlation

    
  -0.33  

Poor reverse predictability

Pimco California Municipal has poor reverse predictability. Overlapping area represents the amount of predictability between Pimco California time series from 19th of February 2025 to 6th of March 2025 and 6th of March 2025 to 21st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pimco California Mun price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Pimco California price fluctuation can be explain by its past prices.
Correlation Coefficient-0.33
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.0
Pimco ReturnsPimco Lagged ReturnsDiversified AwayPimco ReturnsPimco Lagged ReturnsDiversified Away100%

Pimco California Mun lagged returns against current returns

Autocorrelation, which is Pimco California otc fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pimco California's otc fund expected returns. We can calculate the autocorrelation of Pimco California returns to help us make a trade decision. For example, suppose you find that Pimco California has exhibited high autocorrelation historically, and you observe that the otc fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
JavaScript chart by amCharts 3.21.15Mar 06Mar 08Mar 10Mar 12Mar 14Mar 16Mar 18Mar 20-2%-1%0%1%2%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Pimco California regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pimco California otc fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco California otc fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco California otc fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Mar 06Mar 08Mar 10Mar 12Mar 14Mar 16Mar 18Mar 205.755.805.855.90
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Pimco California Lagged Returns

When evaluating Pimco California's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco California otc fund have on its future price. Pimco California autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pimco California autocorrelation shows the relationship between Pimco California otc fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco California Municipal.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Feb 19Feb 23Feb 27MarMar 07Mar 11Mar 15Mar 195.705.755.805.855.905.95
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Pimco OTC Fund

Pimco California financial ratios help investors to determine whether Pimco OTC Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pimco with respect to the benefits of owning Pimco California security.
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