Pioneer High Income Fund Manager Performance Evaluation

PIMAX Fund  USD 5.70  0.01  0.18%   
The fund holds a Beta of -0.0865, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pioneer High are expected to decrease at a much lower rate. During the bear market, Pioneer High is likely to outperform the market.

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days Pioneer High Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Pioneer High 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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Virtuix Announces CES Presence and Collaboration with Pimax - Shelby Star
01/05/2026
Expense Ratio Date28th of December 2022
Expense Ratio0.8200
  

Pioneer High Relative Risk vs. Return Landscape

If you would invest  575.00  in Pioneer High Income on November 6, 2025 and sell it today you would lose (5.00) from holding Pioneer High Income or give up 0.87% of portfolio value over 90 days. Pioneer High Income is currently producing negative expected returns and takes up 0.4669% volatility of returns over 90 trading days. Put another way, 4% 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  
Assuming the 90 days horizon Pioneer High is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.61 times less risky than the market. the firm trades about -0.03 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.11 of returns per unit of risk over similar time horizon.

Pioneer High Current Valuation

Undervalued
Today
5.70
Please note that Pioneer High's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Pioneer High Income recent Real Value cannot be determined due to lack of data. The prevailing price of Pioneer High Income is $5.7. We determine the value of Pioneer High Income 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 High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pioneer Mutual Fund. However, Pioneer High'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  5.7 Real  0.0 Hype  0.0 Naive  5.68
The intrinsic value of Pioneer High'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 High'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.
0.00
Real Value
0.46
Upside
Estimating the potential upside or downside of Pioneer High Income 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 High more accurately as focusing exclusively on Pioneer High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.655.695.73
Details
Hype
Prediction
LowEstimatedHigh
0.000.000.46
Details
Naive
Forecast
LowNext ValueHigh
5.215.686.14
Details
Below is the normalized historical share price chart for Pioneer High Income extending back to October 18, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pioneer High stands at 5.70, as last reported on the 4th of February, with the highest price reaching 5.70 and the lowest price hitting 5.70 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Pioneer High 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 5.70 90 days 5.70 
about 34.13
Based on a normal probability distribution, the odds of Pioneer High to move above the current price in 90 days from now is about 34.13 (This Pioneer High Income probability density function shows the probability of Pioneer Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Pioneer High Income has a beta of -0.0865 indicating as returns on the benchmark increase, returns on holding Pioneer High are expected to decrease at a much lower rate. During a bear market, however, Pioneer High Income is likely to outperform the market. Additionally Pioneer High Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Pioneer High Price Density   
       Price  

Predictive Modules for Pioneer High

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 High Income. 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.
Hype
Prediction
LowEstimatedHigh
0.000.000.46
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.46
Details
Naive
Forecast
LowNextHigh
5.215.686.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.655.695.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pioneer High. Your research has to be compared to or analyzed against Pioneer High's peers to derive any actionable benefits. When done correctly, Pioneer High's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pioneer High Income.

Pioneer High Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Pioneer High is not an exception. The market had few large corrections towards the Pioneer High'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 High Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pioneer High within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.03
β
Beta against Dow Jones-0.09
σ
Overall volatility
0.05
Ir
Information ratio -0.16

Pioneer High 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 High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pioneer High Income 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 High Income generated a negative expected return over the last 90 days
The fund generated five year return of 0.0%
Pioneer High Income maintains about 48.91% of its assets in cash

Pioneer High Fundamentals Growth

Pioneer Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pioneer High, and Pioneer High 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 Asset468.23 M

About Pioneer High Performance

Evaluating Pioneer High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pioneer High 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 High 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.
The fund invests at least 80 percent of its net assets in debt securities and other obligations issued by or on behalf of states, counties, municipalities, territories and possessions of the United States and the District of Columbia and their authorities, political subdivisions, agencies and instrumentalities, the interest on which is exempt from regular federal income tax . It may invest in municipal securities of any maturity.

Things to note about Pioneer High Income performance evaluation

Checking the ongoing alerts about Pioneer High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pioneer High Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Pioneer High Income generated a negative expected return over the last 90 days
The fund generated five year return of 0.0%
Pioneer High Income maintains about 48.91% of its assets in cash
Evaluating Pioneer High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pioneer High's mutual fund performance include:
  • Analyzing Pioneer High'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 High's stock is overvalued or undervalued compared to its peers.
  • Examining Pioneer High'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 High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pioneer High's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Pioneer High's mutual fund. These opinions can provide insight into Pioneer High's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Pioneer High's mutual fund performance is not an exact science, and many factors can impact Pioneer High's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Pioneer Mutual Fund

Pioneer High 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 High security.
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