Pioneer Municipal Price To Book vs. Profit Margin

MHI Stock  USD 9.44  0.03  0.32%   
Taking into consideration Pioneer Municipal's profitability measurements, Pioneer Municipal's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Pioneer Municipal's ability to earn profits and add value for shareholders. The Pioneer Municipal's current Price To Sales Ratio is estimated to increase to -240.18. The Pioneer Municipal's current Days Sales Outstanding is estimated to increase to -2,328. As of now, Pioneer Municipal's Net Interest Income is decreasing as compared to previous years. The Pioneer Municipal's current Change To Netincome is estimated to increase to about 46.2 M, while Accumulated Other Comprehensive Income is projected to decrease to 0.00.
For Pioneer Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pioneer Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pioneer Municipal High utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pioneer Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pioneer Municipal High over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
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 Municipal. 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 Municipal 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
(0.07)
Dividend Share
0.359
Revenue Per Share
0.754
Quarterly Revenue Growth
0.044
Return On Assets
0.028
The market value of Pioneer Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal'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 Municipal High Profit Margin vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pioneer Municipal's current stock value. Our valuation model uses many indicators to compare Pioneer Municipal value to that of its competitors to determine the firm's financial worth.
Pioneer Municipal High is rated below average in price to book category among its peers. It is rated below average in profit margin category among its peers . As of now, Pioneer Municipal's Net Profit Margin is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pioneer Municipal's earnings, one of the primary drivers of an investment's value.

Pioneer Profit Margin vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Pioneer Municipal

P/B

 = 

MV Per Share

BV Per Share

 = 
0.97 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Pioneer Municipal

Profit Margin

 = 

Net Income

Revenue

X

100

 = 
(0.1) %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.

Pioneer Profit Margin Comparison

Pioneer Municipal is currently under evaluation in profit margin category among its peers.

Pioneer Municipal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pioneer Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pioneer Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Pioneer Municipal's change in net profit over the period of time. It can combine multiple indicators of Pioneer Municipal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income4.7 M4.4 M
Net Loss-1.6 M-1.6 M
Income Before Tax-1.6 M-1.6 M
Total Other Income Expense Net-6.3 M-6.6 M
Net Loss-36.1 M-34.3 M
Net Loss-1.6 M-1.6 M
Income Tax Expense-167.9 K-176.3 K
Interest Income17.2 M12.3 M
Net Interest Income10.8 M12.6 M
Change To Netincome44 M46.2 M
Net Loss(0.07)(0.07)
Income Quality(4.78)(4.54)
Net Income Per E B T 1.14  1.10 

Pioneer Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Pioneer Municipal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pioneer Municipal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pioneer Municipal's important profitability drivers and their relationship over time.

Use Pioneer Municipal in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pioneer Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pioneer Municipal will appreciate offsetting losses from the drop in the long position's value.

Pioneer Municipal Pair Trading

Pioneer Municipal High Pair Trading Analysis

The ability to find closely correlated positions to Pioneer Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pioneer Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pioneer Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pioneer Municipal High to buy it.
The correlation of Pioneer Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pioneer Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pioneer Municipal High moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pioneer Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Pioneer Municipal position

In addition to having Pioneer Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Hybrid Mix Funds
Hybrid Mix Funds Theme
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hybrid Mix Funds Theme or any other thematic opportunities.
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When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:
Check out Correlation Analysis.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
To fully project Pioneer Municipal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pioneer Municipal High at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Pioneer Municipal's income statement, its balance sheet, and the statement of cash flows.
Potential Pioneer Municipal investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Pioneer Municipal investors may work on each financial statement separately, they are all related. The changes in Pioneer Municipal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pioneer Municipal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.