Pioneer Solutions Balanced Fund Market Value
| BALRX Fund | USD 12.01 0.03 0.25% |
| Symbol | Pioneer |
Pioneer Solutions '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 Solutions' 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 Solutions.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Pioneer Solutions on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Pioneer Solutions Balanced or generate 0.0% return on investment in Pioneer Solutions over 90 days. Pioneer Solutions is related to or competes with Pioneer Fundamental, Pioneer Global, Pioneer Core, Pioneer Short, Pioneer Short, Pioneer Strategic, and Guggenheim Strategic. The fund is a fund of funds. It seeks to achieve its investment objectives by investing in other funds and using asset a... More
Pioneer Solutions 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 Solutions' 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 Solutions Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4043 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.92 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.6711 |
Pioneer Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Solutions' standard deviation. In reality, there are many statistical measures that can use Pioneer Solutions historical prices to predict the future Pioneer Solutions' volatility.| Risk Adjusted Performance | 0.0117 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.0026 |
Pioneer Solutions Backtested Returns
At this stage we consider Pioneer Mutual Fund to be very steady. Pioneer Solutions maintains Sharpe Ratio (i.e., Efficiency) of 0.0471, which implies the entity had a 0.0471% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pioneer Solutions, which you can use to evaluate the volatility of the fund. Please check Pioneer Solutions' Semi Deviation of 0.3536, risk adjusted performance of 0.0117, and Coefficient Of Variation of 3585.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.0177%. The fund holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pioneer Solutions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Solutions is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
Pioneer Solutions Balanced has poor reverse predictability. Overlapping area represents the amount of predictability between Pioneer Solutions time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 2024. 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 Solutions price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Pioneer Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pioneer Solutions lagged returns against current returns
Autocorrelation, which is Pioneer Solutions mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pioneer Solutions' mutual fund expected returns. We can calculate the autocorrelation of Pioneer Solutions returns to help us make a trade decision. For example, suppose you find that Pioneer Solutions has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pioneer Solutions regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pioneer Solutions mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Solutions mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneer Solutions mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Solutions Lagged Returns
When evaluating Pioneer Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Solutions mutual fund have on its future price. Pioneer Solutions autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pioneer Solutions autocorrelation shows the relationship between Pioneer Solutions mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Solutions Balanced.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Solutions 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 Solutions security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Stocks Directory Find actively traded stocks across global markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |