Pioneer Mutual Fund Manager Performance Evaluation

PMYRX
 Fund
  

USD 10.73  0.15  1.38%   

The fund holds a Beta of 0.0335, which implies not very significant fluctuations relative to the market. Let's try to break down what Pioneer's beta means in this case. As returns on the market increase, Pioneer Flexible returns are expected to increase less than the market. However, during the bear market, the loss on holding Pioneer Flexible will be expected to be smaller as well. Even though it is essential to pay attention to Pioneer Flexible Opp current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Pioneer Flexible Opp exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Pioneer Performance
0 of 100
Over the last 90 days Pioneer Flexible Opportunities has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Pioneer Flexible is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors.
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Pioneer Price Channel

Fifty Two Week Low11.04
Fifty Two Week High14.72

Pioneer Flexible Relative Risk vs. Return Landscape

If you would invest  1,124  in Pioneer Flexible Opportunities on July 3, 2022 and sell it today you would lose (51.00)  from holding Pioneer Flexible Opportunities or give up 4.54% of portfolio value over 90 days. Pioneer Flexible Opportunities is currently producing negative expected returns and takes up 0.8697% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Pioneer, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Pioneer Flexible is expected to generate 0.76 times more return on investment than the market. However, the company is 1.32 times less risky than the market. It trades about -0.08 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

Pioneer Flexible Current Valuation

Fairly Valued
Today 10.73
Please note that Pioneer Flexible's price fluctuation is very steady at this time.
Pioneer Flexible Opp holds a recent Real Value of $10.9 per share. The prevailing price of the fund is $10.73. At this time, the fund appears to be fairly valued. We determine the value of Pioneer Flexible Opp from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Pioneer Flexible Opportunities is useful when determining the fair value of the Pioneer mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Pioneer Flexible. Since Pioneer Flexible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pioneer Mutual Fund. However, Pioneer Flexible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
10.90
Real Value
11.77
Upside
Estimating the potential upside or downside of Pioneer Flexible Opportunities helps investors to forecast how Pioneer mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Pioneer Flexible more accurately as focusing exclusively on Pioneer Flexible's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.8511.5712.30
Details
Hype
Prediction
LowEstimated ValueHigh
9.8610.7311.60
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.150.150.16
Details

Pioneer Flexible Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Flexible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pioneer Flexible Opportunities, and traders can use it to determine the average amount a Pioneer Flexible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0804

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Negative ReturnsPMYRX
Estimated Market Risk
 0.87
  actual daily
 
 7 %
of total potential
 
77
Expected Return
 -0.07
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.08
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Pioneer Flexible is performing at about 0% 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 Flexible by adding it to a well-diversified portfolio.

About Pioneer Flexible Performance

To evaluate Pioneer Flexible Opp Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Pioneer Flexible generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Pioneer Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Pioneer Flexible Opp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Pioneer's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund selects investments from a broad spectrum of asset classes, including both traditional investments, such as equity and fixed income securities, and less traditional or alternative investments, such as commodity-oriented investments, real estate related investments, and currencies. Pioneer Flexible is traded on NASDAQ Exchange in the United States.

Things to note about Pioneer Flexible Opp

Checking the ongoing alerts about Pioneer Flexible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pioneer Flexible Opp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Pioneer Flexible Alerts

Equity Alerts and Improvement Suggestions

Pioneer Flexible Opp generated a negative expected return over the last 90 days
Pioneer Flexible Opp is unlikely to experience financial distress in the next 2 years
On 15th of September 2022 Pioneer Flexible paid $ 0.037 per share dividend to its current shareholders
The fund maintains about 12.68% of its assets in cash
Please check Your Equity Center. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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