Pimco New Year To Date Return vs. Price To Earning

PNF Fund  USD 7.86  0.02  0.25%   
Based on the key profitability measurements obtained from Pimco New's financial statements, Pimco New York may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Pimco New's ability to earn profits and add value for shareholders.
For Pimco New profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pimco New to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pimco New York utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pimco New's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pimco New York over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Pimco New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco New'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 New York Price To Earning vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pimco New's current stock value. Our valuation model uses many indicators to compare Pimco New value to that of its competitors to determine the firm's financial worth.
Pimco New York is rated below average in year to date return among similar funds. It is rated below average in price to earning among similar funds reporting about  6.71  of Price To Earning per Year To Date Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pimco New by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Pimco Price To Earning vs. Year To Date Return

Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

Pimco New

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
3.45 %
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Pimco New

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
23.18 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Pimco Price To Earning Comparison

Pimco New is currently under evaluation in price to earning among similar funds.

Pimco New Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pimco New, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pimco New will eventually generate negative long term returns. The profitability progress is the general direction of Pimco New's change in net profit over the period of time. It can combine multiple indicators of Pimco New, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PIMCO New York 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 fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal securities. The funds investment portfolio includes investments in hospital, water and sewer, tobacco, state and local general obligations, education, lease, tax, and power sectors. PIMCO New York Municipal Income Fund was formed on June 29, 2001 and is domiciled in United States.

Pimco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Pimco New. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pimco New position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pimco New's important profitability drivers and their relationship over time.

Use Pimco New in pair-trading

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 New 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 New will appreciate offsetting losses from the drop in the long position's value.

Pimco New Pair Trading

Pimco New York Pair Trading Analysis

The ability to find closely correlated positions to Pimco New 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 New 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 New - 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 New York to buy it.
The correlation of Pimco New 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 New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco New York 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 New 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Pimco New position

In addition to having Pimco New in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Healthcare Thematic Idea Now

Healthcare
Healthcare Theme
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Theme or any other thematic opportunities.
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Other Information on Investing in Pimco Fund

To fully project Pimco New's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pimco New York at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Pimco New's income statement, its balance sheet, and the statement of cash flows.
Potential Pimco New investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Pimco New investors may work on each financial statement separately, they are all related. The changes in Pimco New's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pimco New's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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