Pioneer Floating Rate Fund Price on May 30, 2024
| FLARX Fund | USD 6.12 0.01 0.16% |
Below is the normalized historical share price chart for Pioneer Floating Rate extending back to February 23, 2007. 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 Floating stands at 6.12, as last reported on the 21st of December, with the highest price reaching 6.12 and the lowest price hitting 6.12 during the day.
If you're considering investing in Pioneer Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Pioneer Mutual Fund to be very steady. Pioneer Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Pioneer Floating Rate, which you can use to evaluate the volatility of the fund. Please check Pioneer Floating's Variance of 0.0153, risk adjusted performance of 0.1063, and Coefficient Of Variation of 494.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.0258%.
Pioneer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pioneer |
Sharpe Ratio = 0.2056
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| Negative Returns | FLARX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Pioneer Floating is performing at about 16% 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 Floating by adding it to a well-diversified portfolio.
Pioneer Floating Valuation on May 30, 2024
It is possible to determine the worth of Pioneer Floating on a given historical date. On May 30, 2024 Pioneer was worth 5.87 at the beginning of the trading date compared to the closed value of 5.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pioneer Floating mutual fund. Still, in general, we apply an absolute valuation method to find Pioneer Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pioneer Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pioneer Floating's related companies.
| Open | High | Low | Close | Volume | |
| 5.87 | 5.87 | 5.87 | 5.87 | 1.00 | |
05/30/2024 | 5.87 | 5.87 | 5.87 | 5.87 | 1.00 |
| 5.91 | 5.91 | 5.91 | 5.91 | 1.00 |
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Pioneer Floating Trading Date Momentum on May 30, 2024
| On May 31 2024 Pioneer Floating Rate was traded for 5.91 at the closing time. The highest daily price throughout the period was 5.91 and the lowest price was 5.91 . There was no trading activity during the period 1.0. Lack of trading volume on 05/31/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.68% . The trading delta at closing time to current closing price is 0.51% . |
Pioneer Floating Rate Fundamentals Correlations and Trends
By evaluating Pioneer Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pioneer Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pioneer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pioneer Floating Mutual Fund history
Pioneer Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pioneer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pioneer Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pioneer Floating stock prices may prove useful in developing a viable investing in Pioneer Floating
Normally, the fund invests at least 80 percent of its net assets in floating rate loans and other floating rate investments. Floating rate investments are securities and other instruments with interest rates that adjust or float periodically based on a specified interest rate or other reference and include senior secured floating rate loans, repurchase agreements, money market securities and shares of money market and short term bond funds.
Pioneer Floating Mutual Fund Technical Analysis
Pioneer Floating technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Pioneer Floating Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Pioneer Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pioneer Floating December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Pioneer Floating mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pioneer Floating shares will generate the highest return on investment. By undertsting and applying Pioneer Floating mutual fund market strength indicators, traders can identify Pioneer Floating Rate entry and exit signals to maximize returns
Pioneer Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pioneer Floating's price direction in advance. Along with the technical and fundamental analysis of Pioneer Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pioneer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1063 | |||
| Jensen Alpha | 0.0149 | |||
| Total Risk Alpha | 0.0116 | |||
| Treynor Ratio | 2.12 |
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Other Information on Investing in Pioneer Mutual Fund
Pioneer Floating 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 Floating security.
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