PDO Stock Summary and Trading Ideas (Pimco Dynamic Income Opportunities Common Shares Of Beneficial Interest | NYSE:PDO)

PIMCO Dynamic Income Opportunities Fund is a closed-end management investment company. The fund's primary investment objective is to generate a level of income that is higher than that generated by high-quality, intermediate-term U.S. debt securities.

Pimco Dynamic Income Opportunities Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol PDO.

As of May 9, 2024, PDO stock price declined to $13.26 with 370,938 million shares trading.

PDO has a beta of 0.75, meaning it tends to be less sensitive to market movements. PDO has a correlation of 0.29 to the broad based SPY ETF.

PDO has a market cap of $2.99 billion. This is considered a Mid Cap stock.

In the last 3 years, PDO stock traded as high as $23.24 and as low as $10.65.

PDO stock has underperformed the market in the last year with a return of +12.3%, while SPY returned +27.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PDO shares. However, PDO has outperformed the market in the last 3 month and 2 week periods, returning +4.9% and +3.2%, while SPY returned +4.7% and +2.9%, respectively. This indicates PDO has been having a stronger performance recently.

PDO support price is $13.14 and resistance is $13.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PDO stock will trade within this expected range on the day.