Pioneer Fund Pioneer Fund Market Value
| PCODX Fund | USD 35.77 0.14 0.39% |
| Symbol | Pioneer |
Pioneer Fund '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 Fund'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 Fund.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Pioneer Fund on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Pioneer Fund Pioneer or generate 0.0% return on investment in Pioneer Fund over 330 days. Pioneer Fund is related to or competes with Ips Strategic, Rbb Fund, Qs Growth, Archer Balanced, Blackrock, Volumetric Fund, and Semiconductor Ultrasector. The fund invests in a broad group of carefully selected securities that the funds adviser believes are reasonably priced... More
Pioneer Fund 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 Fund'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 Fund Pioneer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9195 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.51 |
Pioneer Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Fund's standard deviation. In reality, there are many statistical measures that can use Pioneer Fund historical prices to predict the future Pioneer Fund's volatility.| Risk Adjusted Performance | 0.0602 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0611 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pioneer Fund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pioneer Fund Pioneer Backtested Returns
At this stage we consider Pioneer Mutual Fund to be very steady. Pioneer Fund Pioneer maintains Sharpe Ratio (i.e., Efficiency) of 0.0572, which implies the entity had a 0.0572% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pioneer Fund Pioneer, which you can use to evaluate the volatility of the fund. Please check Pioneer Fund's Coefficient Of Variation of 1317.34, semi deviation of 0.8102, and Risk Adjusted Performance of 0.0602 to confirm if the risk estimate we provide is consistent with the expected return of 0.0543%. The fund holds a Beta of 1.03, which implies a somewhat significant risk relative to the market. Pioneer Fund returns are very sensitive to returns on the market. As the market goes up or down, Pioneer Fund is expected to follow.
Auto-correlation | 0.51 |
Modest predictability
Pioneer Fund Pioneer has modest predictability. Overlapping area represents the amount of predictability between Pioneer Fund time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Fund Pioneer price movement. The serial correlation of 0.51 indicates that about 51.0% of current Pioneer Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Pioneer Fund Pioneer lagged returns against current returns
Autocorrelation, which is Pioneer Fund 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 Fund's mutual fund expected returns. We can calculate the autocorrelation of Pioneer Fund returns to help us make a trade decision. For example, suppose you find that Pioneer Fund 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 Fund 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 Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Fund 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 Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Fund Lagged Returns
When evaluating Pioneer Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Fund mutual fund have on its future price. Pioneer Fund 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 Fund autocorrelation shows the relationship between Pioneer Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Fund Pioneer.
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 Fund 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 Fund security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
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