Pimco Municipal Income Fund Price on July 22, 2024

PMF Fund  USD 9.66  0.10  1.05%   
Below is the normalized historical share price chart for Pimco Municipal Income extending back to June 27, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pimco Municipal stands at 9.66, as last reported on the 11th of December 2024, with the highest price reaching 9.71 and the lowest price hitting 9.53 during the day.
 
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If you're considering investing in Pimco Fund, it is important to understand the factors that can impact its price. At this point, Pimco Municipal is very steady. Pimco Municipal Income maintains Sharpe Ratio (i.e., Efficiency) of 0.0032, which implies the entity had a 0.0032% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pimco Municipal Income, which you can use to evaluate the volatility of the fund. Please check Pimco Municipal's Semi Deviation of 0.92, risk adjusted performance of 0.034, and Coefficient Of Variation of 2306.54 to confirm if the risk estimate we provide is consistent with the expected return of 0.0032%.
  
Pimco Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0032

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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pimco Municipal 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 Municipal by adding Pimco Municipal to a well-diversified portfolio.
Market Capitalization
290.8 M

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Pimco Municipal Valuation on July 22, 2024

It is possible to determine the worth of Pimco Municipal on a given historical date. On July 22, 2024 Pimco was worth 9.07 at the beginning of the trading date compared to the closed value of 9.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pimco Municipal fund. Still, in general, we apply an absolute valuation method to find Pimco Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pimco Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pimco Municipal's related companies.
 Open High Low Close Volume
  9.12    9.12    9.05    9.07    30,772  
07/22/2024
  9.07    9.12    8.99    9.09    113,674  
  9.13    9.24    9.06    9.22    82,194  
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Open Value
9.07
9.09
Closing Value
12.05
Upside

Pimco Municipal Trading Date Momentum on July 22, 2024

On July 23 2024 Pimco Municipal Income was traded for  9.22  at the closing time. Highest Pimco Municipal's price during the trading hours was 9.24  and the lowest price during the day was  9.06 . The net volume was 82.2 K. The overall trading history on the 23rd of July contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 1.43% . The trading delta at closing time to current price is 0.11% .

Pimco Municipal Income Fundamentals Correlations and Trends

By evaluating Pimco Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pimco Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pimco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Pimco Municipal Fund history

Pimco Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pimco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pimco Municipal Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pimco Municipal stock prices may prove useful in developing a viable investing in Pimco Municipal
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in investment grade municipal bonds. It employs fundamental analysis with a top down stock picking approach to create its portfolio. It conducts in house research using proprietary models. PIMCO Municipal Income Fund was formed on June 29, 2001 and is domiciled in the United States.

Pimco Municipal Fund Technical Analysis

Pimco Municipal technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Pimco Municipal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pimco Municipal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Pimco Municipal Period Price Range

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Pimco Municipal December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Pimco Municipal fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pimco Municipal shares will generate the highest return on investment. By undertsting and applying Pimco Municipal fund market strength indicators, traders can identify Pimco Municipal Income entry and exit signals to maximize returns

Pimco Municipal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Pimco Municipal's price direction in advance. Along with the technical and fundamental analysis of Pimco Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pimco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Pimco Fund

Pimco Municipal financial ratios help investors to determine whether Pimco 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 Municipal security.
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