Pioneer Municipal High Stock Performance
| MHI Stock | USD 9.48 0.06 0.64% |
Pioneer Municipal has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pioneer Municipal are expected to decrease at a much lower rate. During the bear market, Pioneer Municipal is likely to outperform the market. Pioneer Municipal High right now holds a risk of 0.54%. Please check Pioneer Municipal High downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Pioneer Municipal High will be following its historical price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Pioneer Municipal High are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical indicators, Pioneer Municipal is not utilizing all of its potentials. The newest stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | Acquisition by Saba Capital Management, L.p. of 1400 shares of Pioneer Municipal at 9.42 subject to Rule 16b-3 | 08/21/2024 |
2 | Acquisition by Saba Capital Management, L.p. of 4360 shares of Pioneer Municipal at 9.43 subject to Rule 16b-3 | 08/23/2024 |
3 | Acquisition by Saba Capital Management, L.p. of 2500 shares of Pioneer Municipal at 9.4 subject to Rule 16b-3 | 08/28/2024 |
| Pioneer Municipal dividend paid on 30th of August 2024 | 08/30/2024 |
4 | MHI stock touches 52-week high at 9.57 amid robust gains - Investing.com | 09/09/2024 |
5 | Acquisition by Margaret Graham of 100 shares of Pioneer Municipal at 14.33 subject to Rule 16b-3 | 09/26/2024 |
| Pioneer Municipal dividend paid on 30th of September 2024 | 09/30/2024 |
6 | Pioneer Municipal High Income Fund, Inc. declares 0.035 dividend | 10/03/2024 |
7 | Disposition of 500 shares by Mark Bradley of Pioneer Municipal at 13.52 subject to Rule 16b-3 | 10/18/2024 |
8 | Acquisition by Saba Capital Management, L.p. of 30656 shares of Pioneer Municipal at 9.32 subject to Rule 16b-3 | 10/29/2024 |
| Pioneer Municipal dividend paid on 31st of October 2024 | 10/31/2024 |
10 | Saba capital buys 137,170 in pioneer municipal high income fund | 11/04/2024 |
11 | Acquisition by Saba Capital Management, L.p. of 5625 shares of Pioneer Municipal at 9.45 subject to Rule 16b-3 | 11/11/2024 |
12 | Saba capital management acquires shares in Pioneer Municipal High Income Fund | 11/14/2024 |
| Begin Period Cash Flow | 246.9 K |
Pioneer |
Pioneer Municipal Relative Risk vs. Return Landscape
If you would invest 934.00 in Pioneer Municipal High on August 17, 2024 and sell it today you would earn a total of 14.00 from holding Pioneer Municipal High or generate 1.5% return on investment over 90 days. Pioneer Municipal High is generating 0.025% of daily returns assuming volatility of 0.5359% on return distribution over 90 days investment horizon. In other words, 4% of stocks are less volatile than Pioneer, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Pioneer Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Municipal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pioneer Municipal High, and traders can use it to determine the average amount a Pioneer Municipal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0467
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MHI |
Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Pioneer Municipal is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pioneer Municipal by adding it to a well-diversified portfolio.
Pioneer Municipal Fundamentals Growth
Pioneer Stock prices reflect investors' perceptions of the future prospects and financial health of Pioneer Municipal, and Pioneer Municipal 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 Stock performance.
| Return On Equity | -0.0072 | ||||
| Return On Asset | 0.028 | ||||
| Profit Margin | (0.1) % | ||||
| Operating Margin | 0.85 % | ||||
| Current Valuation | 260.8 M | ||||
| Shares Outstanding | 22.77 M | ||||
| Price To Earning | 18.74 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 12.53 X | ||||
| Revenue | (7.72 M) | ||||
| EBITDA | 4.68 M | ||||
| Cash And Equivalents | 106.71 K | ||||
| Total Debt | 50 M | ||||
| Debt To Equity | 0.58 % | ||||
| Book Value Per Share | 9.74 X | ||||
| Cash Flow From Operations | 7.85 M | ||||
| Earnings Per Share | (0.07) X | ||||
| Total Asset | 276.6 M | ||||
| Retained Earnings | (77.47 M) | ||||
About Pioneer Municipal Performance
By evaluating Pioneer Municipal's fundamental ratios, stakeholders can gain valuable insights into Pioneer Municipal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pioneer Municipal 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 Municipal 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.
Pioneer Municipal High Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer Municipal High Income Fund, Inc. was formed on March 13, 2003 and is domiciled in the United States. Pioneer Muni operates under Asset Management classification in the United States and is traded on New York Stock Exchange.Things to note about Pioneer Municipal High performance evaluation
Checking the ongoing alerts about Pioneer Municipal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pioneer Municipal High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pioneer Municipal has high likelihood to experience some financial distress in the next 2 years | |
| Reported Net Loss for the year was (1.64 M) with profit before taxes, overhead, and interest of 16.75 M. | |
| About 61.0% of the company shares are owned by institutional investors | |
| On 31st of October 2024 Pioneer Municipal paid $ 0.035 per share dividend to its current shareholders | |
| Latest headline from investing.com: Saba capital management acquires shares in Pioneer Municipal High Income Fund |
- Analyzing Pioneer Municipal'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 Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Pioneer Municipal'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 Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pioneer Municipal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pioneer Municipal's stock. These opinions can provide insight into Pioneer Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary 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.
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