Pioneer International Five Year Return vs. Price To Book

INVYX Fund  USD 25.76  0.08  0.31%   
Taking into consideration Pioneer International's profitability measurements, Pioneer International Equity may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Pioneer International's ability to earn profits and add value for shareholders.
For Pioneer International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pioneer International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pioneer International Equity utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pioneer International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pioneer International Equity over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Pioneer International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer International'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 International Price To Book vs. Five Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pioneer International's current stock value. Our valuation model uses many indicators to compare Pioneer International value to that of its competitors to determine the firm's financial worth.
Pioneer International Equity is currently considered the top fund in five year return among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about  0.26  of Price To Book per Five Year Return. The ratio of Five Year Return to Price To Book for Pioneer International Equity is roughly  3.82 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pioneer International's earnings, one of the primary drivers of an investment's value.

Pioneer Price To Book vs. Five Year Return

Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Pioneer International

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
7.00 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Pioneer International

P/B

 = 

MV Per Share

BV Per Share

 = 
1.83 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Pioneer Price To Book Comparison

Pioneer International is currently under evaluation in price to book among similar funds.

Pioneer International Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pioneer International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pioneer International will eventually generate negative long term returns. The profitability progress is the general direction of Pioneer International's change in net profit over the period of time. It can combine multiple indicators of Pioneer International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its total assets in equity securities of non-U.S. issuers. Under normal circumstances, its assets will be invested in securities of companies domiciled in at least three different foreign countries. Generally, the funds investments in any country are limited to 25 percent or less of its total assets. The fund may invest without limitation in securities of emerging market issuers, but generally will not invest more than 25 percent of its total assets in securities of issuers located in any one emerging market country.

Pioneer Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Pioneer International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pioneer International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pioneer International's important profitability drivers and their relationship over time.

Use Pioneer International in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pioneer International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pioneer International will appreciate offsetting losses from the drop in the long position's value.

Pioneer International Pair Trading

Pioneer International Equity Pair Trading Analysis

The ability to find closely correlated positions to Pioneer International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pioneer International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pioneer International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pioneer International Equity to buy it.
The correlation of Pioneer International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pioneer International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pioneer International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pioneer International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Pioneer International position

In addition to having Pioneer International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Artificial Intelligence Thematic Idea Now

Artificial Intelligence
Artificial Intelligence Theme
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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Other Information on Investing in Pioneer Mutual Fund

To fully project Pioneer International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pioneer International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Pioneer International's income statement, its balance sheet, and the statement of cash flows.
Potential Pioneer International investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Pioneer International investors may work on each financial statement separately, they are all related. The changes in Pioneer International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pioneer International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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