PIMCO INCOME Total Risk Alpha
| PIMIX Fund | | | USD 10.72 -0.11 -1.02% |
Technical inputs supporting the Total Risk Alpha indicator for PIMCO Income Fund are shown here. Coverage differences may occur across instruments and market segments. For portfolio construction context, review
Your Equity Center. Clearer exposure analysis supports long-term portfolio balance. This captures an allocation to PIMCO Income Fund. It is represented within the portfolio holdings. 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 gross domestic product.
PIMCO Income Fund has current Total Risk Alpha of 0.0083. 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] |
| = | 0.0083 | |
| ER[a] | = | Expected return on investing in PIMCO INCOME |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on PIMCO INCOME |
| 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 Income Fund is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
142.48 of Maximum Drawdown per Total Risk Alpha. At
142.48 , PIMCO Income Fund'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.
Compare PIMCO INCOME to Peers
Other Technical Indicators