Pioneer Amt Free Municipal Fund Manager Performance Evaluation
| PBYMX Fund | USD 12.27 0.01 0.08% |
The fund holds a Beta of 0.0456, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pioneer Amt-free's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Amt-free is expected to be smaller as well.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Pioneer Amt Free Municipal has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong primary indicators, Pioneer Amt-free is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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| Expense Ratio Date | 1st of April 2023 | |
| Expense Ratio | 0.4900 |
PIONEER |
Pioneer Amt-free Relative Risk vs. Return Landscape
If you would invest 1,228 in Pioneer Amt Free Municipal on November 10, 2025 and sell it today you would lose (1.00) from holding Pioneer Amt Free Municipal or give up 0.08% of portfolio value over 90 days. Pioneer Amt Free Municipal is currently producing negative expected returns and takes up 0.2248% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than PIONEER, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Pioneer Amt-free Current Valuation
Fairly Valued
Today
Please note that Pioneer Amt-free's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pioneer Amt Free holds a recent Real Value of $12.27 per share. The prevailing price of the fund is $12.27. We determine the value of Pioneer Amt Free from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Pioneer Amt-free is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PIONEER Mutual Fund. However, Pioneer Amt-free's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.27 | Real 12.27 | Hype 12.27 |
The intrinsic value of Pioneer Amt-free's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Pioneer Amt-free's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Pioneer Amt Free Municipal helps investors to forecast how PIONEER mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Pioneer Amt-free more accurately as focusing exclusively on Pioneer Amt-free's fundamentals will not take into account other important factors: Pioneer Amt-free Target Price Odds to finish over Current Price
The tendency of PIONEER Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 12.27 | 90 days | 12.27 | about 41.15 |
Based on a normal probability distribution, the odds of Pioneer Amt-free to move above the current price in 90 days from now is about 41.15 (This Pioneer Amt Free Municipal probability density function shows the probability of PIONEER Mutual Fund to fall within a particular range of prices over 90 days) .
Pioneer Amt-free Price Density |
| Price |
Predictive Modules for Pioneer Amt-free
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pioneer Amt Free. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Pioneer Amt-free Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pioneer Amt-free is not an exception. The market had few large corrections towards the Pioneer Amt-free's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pioneer Amt Free Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pioneer Amt-free within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.43 |
Pioneer Amt-free Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pioneer Amt-free for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pioneer Amt Free can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pioneer Amt Free generated a negative expected return over the last 90 days | |
| The fund generated five year return of -2.0% | |
| Pioneer Amt Free maintains about 7.22% of its assets in cash |
Pioneer Amt-free Fundamentals Growth
PIONEER Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pioneer Amt-free, and Pioneer Amt-free fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on PIONEER Mutual Fund performance.
| Total Asset | 414.23 M | ||||
About Pioneer Amt-free Performance
Evaluating Pioneer Amt-free's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pioneer Amt-free has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pioneer Amt-free has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Normally, the fund invests at least 80 percent of its net assets in investment grade municipal bonds with a maturity of more than one year, the interest on which is exempt from regular federal income tax. The fund normally will not invest in securities the interest on which is a tax preference item for purposes of the federal alternative minimum tax .Things to note about Pioneer Amt Free performance evaluation
Checking the ongoing alerts about Pioneer Amt-free for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pioneer Amt Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pioneer Amt Free generated a negative expected return over the last 90 days | |
| The fund generated five year return of -2.0% | |
| Pioneer Amt Free maintains about 7.22% of its assets in cash |
- Analyzing Pioneer Amt-free's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pioneer Amt-free's stock is overvalued or undervalued compared to its peers.
- Examining Pioneer Amt-free's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Pioneer Amt-free's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pioneer Amt-free's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pioneer Amt-free's mutual fund. These opinions can provide insight into Pioneer Amt-free's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in PIONEER Mutual Fund
Pioneer Amt-free 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 Amt-free security.
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