Pioneer Municipal High Stock Price on February 26, 2024

MHI Stock  USD 9.36  0.03  0.32%   
Below is the normalized historical share price chart for Pioneer Municipal High extending back to July 18, 2003. 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 Municipal stands at 9.36, as last reported on the 23rd of December, with the highest price reaching 9.45 and the lowest price hitting 9.35 during the day.
IPO Date
18th of July 2003
200 Day MA
9.1891
50 Day MA
9.4652
Beta
0.672
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Pioneer Stock, it is important to understand the factors that can impact its price. Pioneer Municipal High maintains Sharpe Ratio (i.e., Efficiency) of -0.0243, which implies the firm had a -0.0243% return per unit of risk over the last 3 months. Pioneer Municipal High exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pioneer Municipal's Risk Adjusted Performance of (0.04), coefficient of variation of (2,577), and Variance of 0.294 to confirm the risk estimate we provide.
  
As of now, Pioneer Municipal's Total Stockholder Equity is decreasing as compared to previous years. The Pioneer Municipal's current Common Stock Shares Outstanding is estimated to increase to about 34.7 M, while Other Stockholder Equity is projected to decrease to (52.5 M). . As of now, Pioneer Municipal's Price Cash Flow Ratio is decreasing as compared to previous years. Pioneer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0243

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Estimated Market Risk

 0.54
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pioneer Municipal is not performing at its full potential. However, 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 Pioneer Municipal to a well-diversified portfolio.
Price Book
0.9611
Price Sales
12.4141
Dividend Share
0.359
Earnings Share
(0.07)
Shares Short
49.8 K

Related Headline

First Trust Headline on 26th of February 2024

First Trust Specialty Finance and Financial Opportunities Fund Declares its Quarterly Distribution of 0.0825 Per Share br.ADVFN.com

Pioneer Municipal Valuation on February 26, 2024

It is possible to determine the worth of Pioneer Municipal on a given historical date. On February 26, 2024 Pioneer was worth 8.37 at the beginning of the trading date compared to the closed value of 8.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pioneer Municipal stock. Still, in general, we apply an absolute valuation method to find Pioneer Municipal'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 Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pioneer Municipal's related companies.
 Open High Low Close Volume
  8.42    8.42    8.36    8.36    68,084  
02/26/2024
  8.37    8.41    8.31    8.31    77,716  
  8.31    8.35    8.31    8.34    75,711  
Backtest Pioneer Municipal  |  Pioneer Municipal History  |  Pioneer Municipal Valuation   PreviousNext  
Open Value
8.37
8.31
Closing Value
10.00
Upside

Pioneer Municipal Trading Date Momentum on February 26, 2024

On February 27 2024 Pioneer Municipal High was traded for  8.34  at the closing time. Highest Pioneer Municipal's price during the trading hours was 8.35  and the lowest price during the day was  8.31 . The net volume was 75.7 K. The overall trading history on the 27th of February contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.36% . The trading delta at closing time to current price is 2.53% .

Pioneer Municipal High Fundamentals Correlations and Trends

By evaluating Pioneer Municipal'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 Municipal'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 Municipal Stock history

Pioneer Municipal 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 Municipal High 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 Municipal stock prices may prove useful in developing a viable investing in Pioneer Municipal
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.5 M34.7 M
Net Loss-36.1 M-34.3 M

Pioneer Municipal Stock Technical Analysis

Pioneer Municipal technical stock 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, stock market cycles, or different charting patterns.
A focus of Pioneer Municipal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pioneer Municipal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Pioneer Municipal Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Pioneer Municipal High cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Municipal December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Pioneer Municipal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pioneer Municipal shares will generate the highest return on investment. By undertsting and applying Pioneer Municipal stock market strength indicators, traders can identify Pioneer Municipal High entry and exit signals to maximize returns

Pioneer Municipal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Pioneer Municipal's price direction in advance. Along with the technical and fundamental analysis of Pioneer Stock 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.

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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