Pioneer Floating Rate Etf Return On Asset
| PHD Etf | USD 9.77 0.05 0.51% |
Pioneer Floating Rate fundamentals help investors to digest information that contributes to Pioneer Floating's financial success or failures. It also enables traders to predict the movement of Pioneer Etf. The fundamental analysis module provides a way to measure Pioneer Floating's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pioneer Floating etf.
Pioneer |
Pioneer Floating Rate ETF Return On Asset Analysis
Pioneer Floating's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Pioneer Floating Return On Asset | 0.0585 |
Most of Pioneer Floating's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pioneer Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Pioneer Floating Rate has a Return On Asset of 0.0585. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The return on asset for all United States etfs is notably lower than that of the firm.
Pioneer Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pioneer Floating's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Pioneer Floating could also be used in its relative valuation, which is a method of valuing Pioneer Floating by comparing valuation metrics of similar companies.Pioneer Floating is currently under evaluation in return on asset as compared to similar ETFs.
Pioneer Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0585 | ||||
| Profit Margin | 0.82 % | ||||
| Operating Margin | 0.91 % | ||||
| Current Valuation | 182.61 M | ||||
| Shares Outstanding | 12.37 M | ||||
| Shares Owned By Institutions | 27.83 % | ||||
| Number Of Shares Shorted | 19.75 K | ||||
| Price To Earning | 118.29 X | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 6.19 X | ||||
| Revenue | 16.21 M | ||||
| Gross Profit | 13.48 M | ||||
| EBITDA | 15.76 M | ||||
| Net Income | 15.76 M | ||||
| Cash And Equivalents | 40.96 K | ||||
| Total Debt | 61.2 M | ||||
| Debt To Equity | 0.49 % | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | 10.09 X | ||||
| Cash Flow From Operations | 10.83 M | ||||
| Short Ratio | 0.36 X | ||||
| Earnings Per Share | 1.27 X | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 121.52 M | ||||
| Total Asset | 190.5 M | ||||
| Retained Earnings | (82.91 M) | ||||
| Annual Yield | 0.11 % | ||||
| Five Year Return | 6.93 % | ||||
| Net Asset | 190.5 M | ||||
| Last Dividend Paid | 1.07 |
About Pioneer Floating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Floating Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pioneer Floating Rate based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Pioneer Floating Piotroski F Score and Pioneer Floating Altman Z Score analysis. Note that the Pioneer Floating Rate information on this page should be used as a complementary analysis to other Pioneer Floating's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Pioneer Floating Rate is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Floating's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Floating's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Floating's market value can be influenced by many factors that don't directly affect Pioneer Floating's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Floating'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.