Pia High Yield Fund Price on October 22, 2024
| PIAMX Fund | USD 8.72 0.05 0.57% |
Below is the normalized historical share price chart for Pia High Yield extending back to December 28, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pia High stands at 8.72, as last reported on the 27th of November, with the highest price reaching 8.72 and the lowest price hitting 8.72 during the day.
If you're considering investing in Pia Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Pia Mutual Fund to be very steady. Pia High Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pia High Yield, which you can use to evaluate the volatility of the fund. Please check Pia High's Standard Deviation of 0.1511, downside deviation of 0.2317, and Risk Adjusted Performance of 0.1289 to confirm if the risk estimate we provide is consistent with the expected return of 0.0364%.
Pia Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pia |
Sharpe Ratio = 0.239
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Pia High is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pia High by adding it to a well-diversified portfolio.
Pia High Valuation on October 22, 2024
It is possible to determine the worth of Pia High on a given historical date. On October 22, 2024 Pia was worth 8.68 at the beginning of the trading date compared to the closed value of 8.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pia High mutual fund. Still, in general, we apply an absolute valuation method to find Pia High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pia High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pia High's related companies.
| Open | High | Low | Close | Volume | |
| 8.69 | 8.69 | 8.69 | 8.69 | 1.00 | |
10/22/2024 | 8.68 | 8.68 | 8.68 | 8.68 | 1.00 |
| 8.66 | 8.66 | 8.66 | 8.66 | 1.00 |
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Pia High Trading Date Momentum on October 22, 2024
| On October 23 2024 Pia High Yield was traded for 8.66 at the closing time. The highest daily price throughout the period was 8.66 and the lowest price was 8.66 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.23% . The trading delta at closing time to current closing price is 0.00% . |
Pia High Yield Fundamentals Correlations and Trends
By evaluating Pia High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pia High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pia High Mutual Fund history
Pia High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pia High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pia High stock prices may prove useful in developing a viable investing in Pia High
The fund invests, under normal circumstances, at least 80 percent of its net assets in a diversified portfolio of domestic and foreign high yield instruments , defined as bonds, convertible securities, forward commitments, loan participations and assignments, preferred stocks and Rule 144A securities.
Pia High Mutual Fund Technical Analysis
Pia High technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Pia High Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Pia High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pia High November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Pia High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pia High shares will generate the highest return on investment. By undertsting and applying Pia High mutual fund market strength indicators, traders can identify Pia High Yield entry and exit signals to maximize returns
Pia High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pia High's price direction in advance. Along with the technical and fundamental analysis of Pia Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1289 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.42) | |||
| Treynor Ratio | 0.3084 |
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Other Information on Investing in Pia Mutual Fund
Pia High financial ratios help investors to determine whether Pia Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pia with respect to the benefits of owning Pia High security.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |