Pioneer Historical Income Statement
| MIO Stock | USD 12.28 0.16 1.32% |
Historical analysis of Pioneer Municipal income statement accounts such as Interest Expense of 2.4 M can show how well Pioneer Municipal Highome performed in making a profits. Evaluating Pioneer Municipal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pioneer Municipal's future profits or losses.
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About Pioneer Income Statement Analysis
Pioneer Municipal Highome Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Pioneer Municipal shareholders. The income statement also shows Pioneer investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Pioneer Municipal Income Statement Chart
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Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Pioneer Municipal Highome generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Pioneer Municipal Highome. It is also known as Pioneer Municipal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Pioneer Municipal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pioneer Municipal Highome current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal Highome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
| 2010 | 2023 | 2024 (projected) | Interest Income | 14.9M | 13.3M | 11.3M | Net Interest Income | 11.0M | 11.2M | 12.2M |
Pioneer Municipal income statement Correlations
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Pioneer Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Pioneer Municipal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pioneer Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pioneer Municipal will appreciate offsetting losses from the drop in the long position's value.Moving against Pioneer Stock
| 0.57 | LC | LendingClub Corp | PairCorr |
| 0.54 | AB | AllianceBernstein | PairCorr |
| 0.49 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.43 | CG | Carlyle Group | PairCorr |
| 0.43 | GS | Goldman Sachs Group Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Pioneer Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pioneer Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pioneer Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pioneer Municipal Highome to buy it.
The correlation of Pioneer Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pioneer Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pioneer Municipal Highome moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pioneer Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal Highome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Municipal. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.58 |
The market value of Pioneer Municipal Highome is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.