PIMCO Small Competition
| PSCSX Fund | USD 8.29 -0.05 -0.60% |
Pair Correlation for PIMCO Small and Thornburg Income Overview
Very weak diversification
The correlation between PSCSX and TBLD is 0.53, which Macroaxis classifies as Very weak diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.
Moving together with PIMCO Mutual Fund
Mean reversion in PIMCO Small is more reliable over longer time horizons. Short-term deviations can persist and even widen before correcting, making position sizing and risk management critical.
PIMCO Small Competition Correlation Matrix
Correlation analysis between PIMCO Small Cap and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
Risk-Adjusted Indicators
There is a big difference between PIMCO Mutual Fund performing well and PIMCO Small Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze PIMCO Small's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PCKAX | 0.91 | -0.03 | 0.00 | 0.40 | 0.00 | 1.38 | 6.09 | |||
| PTTFX | 0.16 | 0.00 | 0.18 | -0.21 | 0.16 | 0.36 | 0.95 | |||
| ERBIX | 0.62 | 0.01 | 0.00 | -0.03 | 0.00 | 1.06 | 4.08 | |||
| ERBAX | 0.61 | -0.02 | 0.00 | 0.18 | 0.00 | 1.07 | 4.08 | |||
| LBHIX | 0.10 | 0.00 | 0.22 | -0.09 | 0.12 | 0.23 | 0.94 | |||
| MDLVX | 0.57 | 0.10 | 0.20 | -53.00 | 0.57 | 1.20 | 4.87 | |||
| QMORX | 1.29 | 0.49 | 0.49 | 0.76 | 0.54 | 1.44 | 33.57 | |||
| VMO | 0.29 | 0.05 | 0.24 | 0.49 | 0.22 | 0.73 | 1.84 | |||
| PDEZX | 1.12 | 0.16 | 0.09 | 0.10 | 1.63 | 2.58 | 9.24 | |||
| TBLD | 0.48 | 0.11 | 0.22 | -1.79 | 0.46 | 1.07 | 3.54 |
PIMCO Small Competitive Analysis
How does PIMCO Small measure up against Invesco Municipal and Thornburg Income? The financials tell a nuanced story. The company holds a 8 market capitalization. PIMCO Small is dwarfed by Invesco Municipal on market cap at 657.5 M versus 8. PIMCO Small is dwarfed by Thornburg Income on market cap at 656.8 M versus 8.| Better Than Average | Worse Than Peers | View Performance Chart |
Peer Performance Charts
How to Analyze PIMCO Small Against Peers
PIMCO Small's peer analysis compares PIMCO Small with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether PIMCO Small trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where PIMCO Small leads or lags and what catalysts could close or widen the gap.