Pioneer Diversified High Stock Market Value
| HNW Stock | USD 12.22 0.01 0.08% |
| Symbol | Pioneer |
Pioneer Diversified High Price To Book Ratio
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 Diversified. 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 Diversified listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.783 | Dividend Share 1.08 | Earnings Share 1.86 | Revenue Per Share 1.798 | Quarterly Revenue Growth 0.296 |
The market value of Pioneer Diversified High 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 Diversified's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Diversified'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 Diversified's market value can be influenced by many factors that don't directly affect Pioneer Diversified'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 Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Diversified'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.
Pioneer Diversified '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 Diversified's stock 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 Diversified.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Pioneer Diversified on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Pioneer Diversified High or generate 0.0% return on investment in Pioneer Diversified over 390 days. Pioneer Diversified is related to or competes with Western Asset, Pioneer Floating, Gabelli Equity, Pioneer Municipal, Nuveen Global, Invesco High, and Alliancebernstein. Pioneer Diversified High Income Fund, Inc More
Pioneer Diversified 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 Diversified's stock 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 Diversified High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4538 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.98 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.6623 |
Pioneer Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Diversified's standard deviation. In reality, there are many statistical measures that can use Pioneer Diversified historical prices to predict the future Pioneer Diversified's volatility.| Risk Adjusted Performance | 0.0187 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (0.70) |
Pioneer Diversified High Backtested Returns
At this stage we consider Pioneer Stock to be very steady. Pioneer Diversified High maintains Sharpe Ratio (i.e., Efficiency) of 0.0778, which implies the firm had a 0.0778% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pioneer Diversified High, which you can use to evaluate the volatility of the company. Please check Pioneer Diversified's Coefficient Of Variation of 2709.83, risk adjusted performance of 0.0187, and Semi Deviation of 0.358 to confirm if the risk estimate we provide is consistent with the expected return of 0.0304%. Pioneer Diversified has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.0064, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pioneer Diversified are expected to decrease at a much lower rate. During the bear market, Pioneer Diversified is likely to outperform the market. Pioneer Diversified High right now holds a risk of 0.39%. Please check Pioneer Diversified High value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Pioneer Diversified High will be following its historical price patterns.
Auto-correlation | 0.92 |
Excellent predictability
Pioneer Diversified High has excellent predictability. Overlapping area represents the amount of predictability between Pioneer Diversified time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Diversified High price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Pioneer Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Pioneer Diversified High lagged returns against current returns
Autocorrelation, which is Pioneer Diversified stock'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 Diversified's stock expected returns. We can calculate the autocorrelation of Pioneer Diversified returns to help us make a trade decision. For example, suppose you find that Pioneer Diversified has exhibited high autocorrelation historically, and you observe that the stock 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 Diversified 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 Diversified stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Diversified stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneer Diversified stock over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Diversified Lagged Returns
When evaluating Pioneer Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Diversified stock have on its future price. Pioneer Diversified 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 Diversified autocorrelation shows the relationship between Pioneer Diversified stock current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Diversified High.
Regressed Prices |
| Timeline |
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When running Pioneer Diversified's price analysis, check to measure Pioneer Diversified's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pioneer Diversified is operating at the current time. Most of Pioneer Diversified's value examination focuses on studying past and present price action to predict the probability of Pioneer Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Diversified's price. Additionally, you may evaluate how the addition of Pioneer Diversified to your portfolios can decrease your overall portfolio volatility.