Pioneer Municipal High Stock Alpha and Beta Analysis
| MAV Stock | USD 8.41 0.04 0.47% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pioneer Municipal High. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pioneer Municipal over a specified time horizon. Remember, high Pioneer Municipal's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Pioneer Municipal's market risk premium analysis include:
Beta 0.27 | Alpha (0.02) | Risk 0.57 | Sharpe Ratio (0.07) | Expected Return (0.04) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Pioneer |
Pioneer Municipal Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pioneer Municipal market risk premium is the additional return an investor will receive from holding Pioneer Municipal long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pioneer Municipal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Pioneer Municipal's performance over market.| α | -0.02 | β | 0.27 |
Pioneer Municipal expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Pioneer Municipal's Buy-and-hold return. Our buy-and-hold chart shows how Pioneer Municipal performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Pioneer Municipal Market Price Analysis
Market price analysis 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 understating and applying Pioneer Municipal stock market price indicators, traders can identify Pioneer Municipal position entry and exit signals to maximize returns.
Pioneer Municipal Return and Market Media
The median price of Pioneer Municipal for the period between Sat, Dec 14, 2024 and Fri, Mar 14, 2025 is 8.53 with a coefficient of variation of 1.22. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 8.54, and mean deviation of 0.09. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Bank of America sells Pioneer Municipal High Income Fund shares for 5,275 - Investing.com | 12/13/2024 |
2 | Acquisition by Saba Capital Management, L.p. of 57398 shares of Pioneer Municipal at 8.66 subject to Rule 16b-3 | 12/17/2024 |
3 | Acquisition by Saba Capital Management, L.p. of 34240 shares of Pioneer Municipal at 8.6 subject to Rule 16b-3 | 12/18/2024 |
4 | Acquisition by Saba Capital Management, L.p. of tradable shares of Pioneer Municipal at 7.35 subject to Rule 16b-3 | 12/20/2024 |
5 | Acquisition by Saba Capital Management, L.p. of 14613 shares of Pioneer Municipal at 8.46 subject to Rule 16b-3 | 12/23/2024 |
6 | Acquisition by Saba Capital Management, L.p. of 21442 shares of Pioneer Municipal at 8.46 subject to Rule 16b-3 | 12/24/2024 |
7 | Acquisition by Saba Capital Management, L.p. of 16785 shares of Pioneer Municipal at 8.47 subject to Rule 16b-3 | 12/26/2024 |
8 | Acquisition by Saba Capital Management, L.p. of 14441 shares of Pioneer Municipal at 8.48 subject to Rule 16b-3 | 12/27/2024 |
9 | Acquisition by Saba Capital Management, L.p. of 25325 shares of Pioneer Municipal at 8.47 subject to Rule 16b-3 | 12/30/2024 |
10 | Acquisition by Saba Capital Management, L.p. of 13629 shares of Pioneer Municipal at 8.49 subject to Rule 16b-3 | 01/02/2025 |
11 | Acquisition by Saba Capital Management, L.p. of 23008 shares of Pioneer Municipal at 8.52 subject to Rule 16b-3 | 01/06/2025 |
12 | Acquisition by Saba Capital Management, L.p. of 14155 shares of Pioneer Municipal at 8.53 subject to Rule 16b-3 | 01/07/2025 |
13 | Acquisition by Saba Capital Management, L.p. of 25704 shares of Pioneer Municipal at 8.53 subject to Rule 16b-3 | 01/08/2025 |
14 | Acquisition by Saba Capital Management, L.p. of 30615 shares of Pioneer Municipal at 8.48 subject to Rule 16b-3 | 01/10/2025 |
15 | Acquisition by Saba Capital Management, L.p. of 14302 shares of Pioneer Municipal at 8.46 subject to Rule 16b-3 | 01/13/2025 |
16 | Acquisition by Saba Capital Management, L.p. of 500 shares of Pioneer Municipal at 8.45 subject to Rule 16b-3 | 01/14/2025 |
17 | Acquisition by Saba Capital Management, L.p. of 1200 shares of Pioneer Municipal at 8.48 subject to Rule 16b-3 | 01/15/2025 |
18 | Acquisition by Saba Capital Management, L.p. of 900 shares of Pioneer Municipal at 8.49 subject to Rule 16b-3 | 01/21/2025 |
19 | Acquisition by Saba Capital Management, L.p. of 6149 shares of Pioneer Municipal at 8.5 subject to Rule 16b-3 | 01/23/2025 |
20 | Acquisition by Saba Capital Management, L.p. of tradable shares of Pioneer Municipal at 8.52 subject to Rule 16b-3 | 01/24/2025 |
21 | Acquisition by Saba Capital Management, L.p. of 6401 shares of Pioneer Municipal at 8.54 subject to Rule 16b-3 | 01/31/2025 |
22 | Acquisition by Saba Capital Management, L.p. of 1215 shares of Pioneer Municipal at 8.54 subject to Rule 16b-3 | 02/03/2025 |
23 | Pioneer Municipal High Income Advantage Fund, Inc. declares 0.0325 dividend | 02/05/2025 |
24 | Sanctuary Advisors LLC Buys 11,254 Shares of Pioneer Municipal High Income Advantage Fund, Inc. - Defense World | 03/06/2025 |
25 | Disposition of tradable shares by Bank Of America Corp de of Pioneer Municipal at 15.62 subject to Rule 16b-3 | 03/07/2025 |
About Pioneer Municipal Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Pioneer or other stocks. Alpha measures the amount that position in Pioneer Municipal High has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2024 | 2025 (projected) | Return On Capital Employed | 0.0714 | 0.0471 | Total Debt To Capitalization | 0.001045 | 9.93E-4 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pioneer Municipal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pioneer Municipal's short interest history, or implied volatility extrapolated from Pioneer Municipal options trading.
Build Portfolio with Pioneer Municipal
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Additional 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.