PIMCO Corporate Income Opportunity Fund Shares Cross Below 200 Day Moving Average of 14.20 - MarketBeat

PTY Fund  USD 14.77  0.04  0.27%   
Slightly above 54% of Pimco Corporate's investor base is interested to short. The analysis of overall sentiment of trading Pimco Corporate Income fund suggests that many investors are impartial at this time. Pimco Corporate's investing sentiment can be driven by a variety of factors including economic data, Pimco Corporate's earnings reports, geopolitical events, and overall market trends.
  
PIMCO Corporate Income Opportunity Fund Shares Cross Below 200 Day Moving Average of 14.20 MarketBeat

Read at news.google.com
Google News at Macroaxis
  

Pimco Corporate Fundamental Analysis

We analyze Pimco Corporate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pimco Corporate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pimco Corporate 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.

Cash And Equivalents

Cash And Equivalents Comparative Analysis

Pimco Corporate is currently under evaluation in cash and equivalents among similar funds. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Pimco Corporate Income Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pimco Corporate fund to make a market-neutral strategy. Peer analysis of Pimco Corporate could also be used in its relative valuation, which is a method of valuing Pimco Corporate by comparing valuation metrics with similar companies.

Peers

Pimco Corporate Related Equities

CRFCornerstone Strategic   1.94   
0%
100.0%
CLMCornerstone Strategic   1.67   
0%
86.0%
PCMPcm Fund   0.87   
0%
44.0%
DLYDoubleline Yield   0.61   
0%
31.0%
PDOPimco Dynamic   0.44   
0%
22.0%
PHKPimco High   0.40   
0%
20.0%
PCNPimco Corporate   0.36   
0%
18.0%
GOFGuggenheim Strategic   0.32   
0%
16.0%
RABrookfield Real   0.29   
0%
14.0%
PFLPimco Income   0.24   
0%
12.0%
PAXSPIMCO Access   0.18   
0%
9.0%
PDIPimco Dynamic   0.10   
0%
5.0%
PGPPimco Global   0.12   
6.0%
0%
PFNPimco Income   0.13   
6.0%
0%
BTZBlackRock Credit   0.18   
9.0%
0%
UTGReaves Utility   0.77   
39.0%
0%
RNPCohen Steers   1.89   
97.0%
0%

Other Information on Investing in Pimco Fund

Pimco Corporate 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 Corporate security.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios