PIMCO COMMODITIESPLUS Total Risk Alpha
| PCLAX Fund | | | USD 8.31 0.09 1.09% |
The Total Risk Alpha reading for PIMCO Moditiesplus Strategy is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Indicator reliability depends on the continuity of available trading data. Extended technical indicator views are accessible through
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Your Equity Center to explore diversified allocation structure. Understanding allocation structure supports portfolio context. The overall portfolio profile is shaped by the distribution of its holdings. The portfolio reflects a holding in PIMCO Moditiesplus Strategy. The position falls within the allocation view. The allocation approach determines the relative weighting of each position. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in nation.
PIMCO Moditiesplus Strategy has current Total Risk Alpha of 0.5392. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.5392 | |
| ER[a] | = | Expected return on investing in PIMCO COMMODITIESPLUS |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PIMCO COMMODITIESPLUS |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
PIMCO Moditiesplus Strategy ranks first in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
14.56 of Maximum Drawdown per Total Risk Alpha. At
14.56 , PIMCO Moditiesplus Strategy's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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