Pimco Preferred And Etf Performance
| PRFD Etf | 50.11 0.15 0.30% |
The etf holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PIMCO Preferred are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days PIMCO Preferred And has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, PIMCO Preferred is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
PIMCO |
PIMCO Preferred Relative Risk vs. Return Landscape
If you would invest 5,042 in PIMCO Preferred And on October 10, 2024 and sell it today you would lose (31.00) from holding PIMCO Preferred And or give up 0.61% of portfolio value over 90 days. PIMCO Preferred And is currently does not generate positive expected returns and assumes 0.1908% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than PIMCO, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
PIMCO Preferred Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Preferred's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as PIMCO Preferred And, and traders can use it to determine the average amount a PIMCO Preferred's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.052
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PRFD |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PIMCO Preferred is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PIMCO Preferred by adding PIMCO Preferred to a well-diversified portfolio.
About PIMCO Preferred Performance
By analyzing PIMCO Preferred's fundamental ratios, stakeholders can gain valuable insights into PIMCO Preferred's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PIMCO Preferred has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if PIMCO Preferred has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
PIMCO Preferred is entity of United States. It is traded as Etf on NYSE ARCA exchange.| PIMCO Preferred And generated a negative expected return over the last 90 days |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PIMCO Preferred And. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of PIMCO Preferred And 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect PIMCO Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Preferred'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.