Pimco California Municipal Market Value
| PCKDelisted Fund | USD 5.90 0.00 0.00% |
| Symbol | Pimco |
Pimco California 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pimco California's otc fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pimco California.
| 05/25/2025 |
| 08/23/2025 |
If you would invest 0.00 in Pimco California on May 25, 2025 and sell it all today you would earn a total of 0.00 from holding Pimco California Municipal or generate 0.0% return on investment in Pimco California over 90 days. Pimco California is related to or competes with Pimco California, BlackRock California, Blackrock Muniholdings, Invesco California, and Pimco New. PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Glo... More
Pimco California Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pimco California's otc fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pimco California Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.533 | |||
| Information Ratio | 0.0689 | |||
| Maximum Drawdown | 2.05 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7576 |
Pimco California Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco California's standard deviation. In reality, there are many statistical measures that can use Pimco California historical prices to predict the future Pimco California's volatility.| Risk Adjusted Performance | 0.1003 | |||
| Jensen Alpha | 0.264 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.2278 | |||
| Treynor Ratio | (0.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco California's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pimco California Mun Backtested Returns
Pimco California appears to be somewhat reliable, given 3 months investment horizon. Pimco California Mun maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Pimco California Mun, which you can use to evaluate the volatility of the fund. Please evaluate Pimco California's Risk Adjusted Performance of 0.1003, standard deviation of 1.76, and Downside Deviation of 0.533 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pimco California are expected to decrease at a much lower rate. During the bear market, Pimco California is likely to outperform the market.
Auto-correlation | 0.03 |
Virtually no predictability
Pimco California Municipal has virtually no predictability. Overlapping area represents the amount of predictability between Pimco California time series from 25th of May 2025 to 9th of July 2025 and 9th of July 2025 to 23rd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pimco California Mun price movement. The serial correlation of 0.03 indicates that only 3.0% of current Pimco California price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Pimco California Mun lagged returns against current returns
Autocorrelation, which is Pimco California otc fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pimco California's otc fund expected returns. We can calculate the autocorrelation of Pimco California returns to help us make a trade decision. For example, suppose you find that Pimco California has exhibited high autocorrelation historically, and you observe that the otc fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pimco California regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pimco California otc fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco California otc fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco California otc fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco California Lagged Returns
When evaluating Pimco California's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco California otc fund have on its future price. Pimco California autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pimco California autocorrelation shows the relationship between Pimco California otc fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco California Municipal.
Regressed Prices |
| Timeline |
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Try AI Portfolio ProphetCheck out Pimco California Correlation, Pimco California Volatility and Pimco California Alpha and Beta module to complement your research on Pimco California. Note that the Pimco California Mun information on this page should be used as a complementary analysis to other Pimco California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Pimco OTC Fund
If you are still planning to invest in Pimco California Mun check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pimco California's history and understand the potential risks before investing.
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