Pioneer Amt Free Municipal Fund Current Valuation
| PBYMX Fund | USD 12.27 0.01 0.08% |
Valuation analysis of Pioneer Amt Free helps investors to measure Pioneer Amt-free's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Pioneer Amt-free's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pioneer Amt Free holds a recent Real Value of $12.27 per share. The prevailing price of the fund is $12.27. We determine the value of Pioneer Amt Free from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Pioneer Amt-free is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PIONEER Mutual Fund. However, Pioneer Amt-free's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.27 | Real 12.27 | Hype 12.27 |
The intrinsic value of Pioneer Amt-free's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Pioneer Amt-free's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Pioneer Amt Free Municipal helps investors to forecast how PIONEER mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Pioneer Amt-free more accurately as focusing exclusively on Pioneer Amt-free's fundamentals will not take into account other important factors: Pioneer Amt-free 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pioneer Amt-free's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pioneer Amt-free.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in Pioneer Amt-free on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding Pioneer Amt Free Municipal or generate 0.0% return on investment in Pioneer Amt-free over 90 days. Pioneer Amt-free is related to or competes with High-yield Municipal, Performance Trust, Dreyfus Intermediate, and Performance Trust. Normally, the fund invests at least 80 percent of its net assets in investment grade municipal bonds with a maturity of ... More
Pioneer Amt-free Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pioneer Amt-free's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pioneer Amt Free Municipal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.2445 |
Pioneer Amt-free Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Amt-free's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Amt-free's standard deviation. In reality, there are many statistical measures that can use Pioneer Amt-free historical prices to predict the future Pioneer Amt-free's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.35) |
Pioneer Amt-free February 9, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.34) | |||
| Mean Deviation | 0.1093 | |||
| Coefficient Of Variation | (3,789) | |||
| Standard Deviation | 0.2241 | |||
| Variance | 0.0502 | |||
| Information Ratio | (0.43) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.35) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.2445 | |||
| Skewness | 2.88 | |||
| Kurtosis | 18.97 |
Pioneer Amt Free Backtested Returns
At this stage we consider PIONEER Mutual Fund to be very steady. Pioneer Amt Free maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Pioneer Amt Free, which you can use to evaluate the volatility of the fund. Please check Pioneer Amt-free's Coefficient Of Variation of (3,789), variance of 0.0502, and Risk Adjusted Performance of (0.05) to confirm if the risk estimate we provide is consistent with the expected return of 3.0E-4%. The fund holds a Beta of 0.0456, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pioneer Amt-free's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Amt-free is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Pioneer Amt Free Municipal has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pioneer Amt-free time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pioneer Amt Free price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Pioneer Amt-free price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Pioneer Amt Free Municipal has a Current Valuation of 0.0. This indicator is about the same for the Amundi US average (which is currently at 0.0) family and about the same as Muni National Long (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
PIONEER Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pioneer Amt-free's current stock value. Our valuation model uses many indicators to compare Pioneer Amt-free value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pioneer Amt-free competition to find correlations between indicators driving Pioneer Amt-free's intrinsic value. More Info.Pioneer Amt Free Municipal is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 29.03 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pioneer Amt-free's earnings, one of the primary drivers of an investment's value.Fund Asset Allocation for Pioneer Amt-free
The fund consists of 92.77% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.Asset allocation divides Pioneer Amt-free's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors for a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will manage securities in the fund's portfolio as market conditions and the fund's objectives change.
PIONEER Fundamentals
| Total Asset | 414.23 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 0.40 % | ||||
| One Year Return | (0.91) % | ||||
| Three Year Return | 1.49 % | ||||
| Five Year Return | (1.50) % | ||||
| Ten Year Return | 5.43 % | ||||
| Net Asset | 915.51 M | ||||
| Minimum Initial Investment | 5 M | ||||
| Last Dividend Paid | 0.03 | ||||
| Cash Position Weight | 7.22 % | ||||
| Bond Positions Weight | 92.77 % |
About Pioneer Amt-free Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Amt Free Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Amt-free using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pioneer Amt Free Municipal based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in PIONEER Mutual Fund
Pioneer Amt-free financial ratios help investors to determine whether PIONEER 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 PIONEER with respect to the benefits of owning Pioneer Amt-free security.
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