Pioneer E Equity Fund Market Value

PVFYX Fund  USD 23.22  0.19  0.81%   
Pioneer E's market value is the price at which a share of Pioneer E trades on a public exchange. It measures the collective expectations of Pioneer E Equity investors about its performance. Pioneer E is trading at 23.22 as of the 27th of December 2024; that is 0.81% down since the beginning of the trading day. The fund's open price was 23.41.
With this module, you can estimate the performance of a buy and hold strategy of Pioneer E Equity and determine expected loss or profit from investing in Pioneer E over a given investment horizon. Check out Pioneer E Correlation, Pioneer E Volatility and Pioneer E Alpha and Beta module to complement your research on Pioneer E.
Symbol

Please note, there is a significant difference between Pioneer E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer E'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 E 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pioneer E's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pioneer E.
0.00
11/27/2024
No Change 0.00  0.0 
In 31 days
12/27/2024
0.00
If you would invest  0.00  in Pioneer E on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Pioneer E Equity or generate 0.0% return on investment in Pioneer E over 30 days. Pioneer E is related to or competes with Scout E, Bbh Intermediate, Touchstone Premium, Versatile Bond, Ishares Municipal, and National Tax. Normally, the fund invests at least 80 percent of its net assets in equity securities, primarily of U.S More

Pioneer E Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pioneer E's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pioneer E Equity upside and downside potential and time the market with a certain degree of confidence.

Pioneer E Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer E's standard deviation. In reality, there are many statistical measures that can use Pioneer E historical prices to predict the future Pioneer E's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pioneer E's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
22.6423.4224.20
Details
Intrinsic
Valuation
LowRealHigh
22.6023.3824.16
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Pioneer E Equity Backtested Returns

At this stage we consider Pioneer Mutual Fund to be very steady. Pioneer E Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.0601, which implies the entity had a 0.0601% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pioneer E Equity, which you can use to evaluate the volatility of the fund. Please check Pioneer E's Coefficient Of Variation of 1494.26, risk adjusted performance of 0.0528, and Semi Deviation of 0.7253 to confirm if the risk estimate we provide is consistent with the expected return of 0.047%. The fund holds a Beta of 0.0627, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pioneer E's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer E is expected to be smaller as well.

Auto-correlation

    
  -0.76  

Almost perfect reverse predictability

Pioneer E Equity has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Pioneer E time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pioneer E Equity price movement. The serial correlation of -0.76 indicates that around 76.0% of current Pioneer E price fluctuation can be explain by its past prices.
Correlation Coefficient-0.76
Spearman Rank Test-0.36
Residual Average0.0
Price Variance0.11
Pioneer ReturnsPioneer Lagged ReturnsDiversified AwayPioneer ReturnsPioneer Lagged ReturnsDiversified Away100%

Pioneer E Equity lagged returns against current returns

Autocorrelation, which is Pioneer E mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pioneer E's mutual fund expected returns. We can calculate the autocorrelation of Pioneer E returns to help us make a trade decision. For example, suppose you find that Pioneer E has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
JavaScript chart by amCharts 3.21.15Dec 12Dec 14Dec 16Dec 18Dec 20Dec 22Dec 24Dec 26-4%-3%-2%-1%0%1% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Pioneer E regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pioneer E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer E mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneer E mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Dec 12Dec 14Dec 16Dec 18Dec 20Dec 22Dec 24Dec 2623.223.323.423.523.623.723.823.924.0
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Pioneer E Lagged Returns

When evaluating Pioneer E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer E mutual fund have on its future price. Pioneer E autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pioneer E autocorrelation shows the relationship between Pioneer E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pioneer E Equity.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Nov 27DecDec 05Dec 09Dec 13Dec 17Dec 21Dec 2523.123.223.323.423.523.623.723.823.924.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Pioneer Mutual Fund

Pioneer E 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 E security.
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