Pioneer Disciplined Value Fund Market Value
| CVKFX Fund | USD 16.42 0.16 0.98% |
| Symbol | Pioneer |
Pioneer Disciplined '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 Disciplined'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 Disciplined.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Pioneer Disciplined on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Pioneer Disciplined Value or generate 0.0% return on investment in Pioneer Disciplined over 540 days. Pioneer Disciplined is related to or competes with Pioneer Global, Pioneer Disciplined, Pioneer Short, Pioneer Select, Pioneer High, and Pioneer Select. The fund invests primarily in equity securities of U.S More
Pioneer Disciplined 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 Disciplined'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 Disciplined Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.521 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.04 |
Pioneer Disciplined Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Disciplined's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Disciplined's standard deviation. In reality, there are many statistical measures that can use Pioneer Disciplined historical prices to predict the future Pioneer Disciplined's volatility.| Risk Adjusted Performance | 0.1318 | |||
| Jensen Alpha | 0.0124 | |||
| Total Risk Alpha | 9.0E-4 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1363 |
Pioneer Disciplined Value Backtested Returns
At this stage we consider Pioneer Mutual Fund to be very steady. Pioneer Disciplined Value maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pioneer Disciplined Value, which you can use to evaluate the volatility of the fund. Please check Pioneer Disciplined's Semi Deviation of 0.3239, risk adjusted performance of 0.1318, and Coefficient Of Variation of 576.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. The fund holds a Beta of 0.79, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pioneer Disciplined's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Disciplined is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Pioneer Disciplined Value has below average predictability. Overlapping area represents the amount of predictability between Pioneer Disciplined time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th of November 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 Disciplined Value price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Pioneer Disciplined price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Pioneer Disciplined Value lagged returns against current returns
Autocorrelation, which is Pioneer Disciplined 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 Disciplined's mutual fund expected returns. We can calculate the autocorrelation of Pioneer Disciplined returns to help us make a trade decision. For example, suppose you find that Pioneer Disciplined 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 Disciplined 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 Disciplined mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Disciplined 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 Disciplined mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Disciplined Lagged Returns
When evaluating Pioneer Disciplined's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Disciplined mutual fund have on its future price. Pioneer Disciplined 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 Disciplined autocorrelation shows the relationship between Pioneer Disciplined mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Disciplined Value.
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 Disciplined 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 Disciplined security.
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