Pimco Monthly Income Fund Five Year Return
| 0P0000S9O7 | CAD 12.50 0.03 0.24% |
PIMCO Monthly Income fundamentals help investors to digest information that contributes to PIMCO Monthly's financial success or failures. It also enables traders to predict the movement of PIMCO Fund. The fundamental analysis module provides a way to measure PIMCO Monthly's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PIMCO Monthly fund.
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PIMCO Monthly Income Fund Five Year Return Analysis
PIMCO Monthly's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current PIMCO Monthly Five Year Return | 2.76 % |
Most of PIMCO Monthly's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PIMCO Monthly Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, PIMCO Monthly Income has a Five Year Return of 2.76%. This is much higher than that of the PIMCO Canada family and significantly higher than that of the Global Fixed Income category. The five year return for all Canada funds is notably lower than that of the firm.
PIMCO Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PIMCO Monthly's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of PIMCO Monthly could also be used in its relative valuation, which is a method of valuing PIMCO Monthly by comparing valuation metrics of similar companies.PIMCO Monthly is fourth largest fund in five year return among similar funds.
Fund Asset Allocation for PIMCO Monthly
.Asset allocation divides PIMCO Monthly's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
PIMCO Fundamentals
| Total Asset | 16.11 B | |||
| One Year Return | (3.30) % | |||
| Three Year Return | 1.17 % | |||
| Five Year Return | 2.76 % | |||
| Net Asset | 16.11 B | |||
| Minimum Initial Investment | 100 K | |||
| Cash Position Weight | 45.16 % | |||
| Equity Positions Weight | 0.27 % | |||
| Bond Positions Weight | 41.52 % |
About PIMCO Monthly Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PIMCO Monthly Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PIMCO Monthly using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PIMCO Monthly Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with PIMCO Monthly
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PIMCO Monthly position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PIMCO Monthly will appreciate offsetting losses from the drop in the long position's value.Moving against PIMCO Fund
| 0.62 | 0P0000733H | RBC Global Technology | PairCorr |
| 0.62 | 0P00007138 | RBC sciences biologiques | PairCorr |
| 0.55 | 0P000070HA | CI Global Alpha | PairCorr |
| 0.55 | 0P0001AAKP | CI Signature Cat | PairCorr |
| 0.54 | 0P000070JI | Fidelity Technology | PairCorr |
The ability to find closely correlated positions to PIMCO Monthly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PIMCO Monthly when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PIMCO Monthly - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PIMCO Monthly Income to buy it.
The correlation of PIMCO Monthly 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PIMCO Monthly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PIMCO Monthly Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PIMCO Monthly can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in PIMCO Fund
PIMCO Monthly 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 Monthly security.
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