Pioneer Municipal High Stock Beta
| MAV Stock | USD 8.15 0.01 0.12% |
Fundamental analysis of Pioneer Municipal allows traders to better anticipate movements in Pioneer Municipal's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Pioneer Municipal High Company Beta Analysis
Pioneer Municipal's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Pioneer Municipal Beta | 0.74 |
Most of Pioneer Municipal's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pioneer Municipal High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Pioneer Municipal High has a Beta of 0.742. This is 9.51% lower than that of the Capital Markets sector and 39.18% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Pioneer Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pioneer Municipal's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pioneer Municipal could also be used in its relative valuation, which is a method of valuing Pioneer Municipal by comparing valuation metrics of similar companies.Pioneer Municipal is currently under evaluation in beta category among its peers.
As returns on the market increase, Pioneer Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Municipal is expected to be smaller as well.
Pioneer Fundamentals
| Return On Equity | 0.0066 | |||
| Return On Asset | 0.0279 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.85 % | |||
| Current Valuation | 243.06 M | |||
| Shares Outstanding | 23.91 M | |||
| Shares Owned By Institutions | 57.72 % | |||
| Number Of Shares Shorted | 64.86 K | |||
| Price To Earning | 13.34 X | |||
| Price To Book | 0.92 X | |||
| Price To Sales | 13.77 X | |||
| Revenue | 5.3 M | |||
| Gross Profit | 14.16 M | |||
| EBITDA | 1.76 M | |||
| Net Income | 1.76 M | |||
| Cash And Equivalents | 2.6 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 51.06 M | |||
| Current Ratio | 2.62 X | |||
| Book Value Per Share | 8.89 X | |||
| Cash Flow From Operations | 10.98 M | |||
| Short Ratio | 0.65 X | |||
| Earnings Per Share | 0.08 X | |||
| Beta | 0.74 | |||
| Market Capitalization | 194.9 M | |||
| Total Asset | 263.57 M | |||
| Retained Earnings | (71.71 M) | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 5.12 % | |||
| Net Asset | 263.57 M | |||
| Last Dividend Paid | 0.39 |
About Pioneer Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Municipal High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pioneer Municipal High based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Pioneer Stock Analysis
When running Pioneer Municipal's price analysis, check to measure Pioneer Municipal'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 Municipal is operating at the current time. Most of Pioneer Municipal's value examination focuses on studying past and present price action to predict the probability of Pioneer Municipal'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 Municipal's price. Additionally, you may evaluate how the addition of Pioneer Municipal to your portfolios can decrease your overall portfolio volatility.