Pioneer Municipal High Stock Buy Hold or Sell Recommendation
| MHI Stock | USD 8.56 0.01 0.12% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Pioneer Municipal High is 'Strong Hold'. Macroaxis provides Pioneer Municipal buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MHI positions. The advice algorithm takes into account all of Pioneer Municipal's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Pioneer Municipal's buy or sell advice are summarized below:
Real Value 8.6 | Hype Value 8.56 | Market Value 8.56 | Naive Value 8.53 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Pioneer Municipal High given historical horizon and risk tolerance towards Pioneer Municipal. When Macroaxis issues a 'buy' or 'sell' recommendation for Pioneer Municipal High, the advice is generated through an automated system that utilizes algorithms and statistical models.
Pioneer |
Execute Pioneer Municipal Buy or Sell Advice
The Pioneer recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Pioneer Municipal High. Macroaxis does not own or have any residual interests in Pioneer Municipal High or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Pioneer Municipal's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Pioneer Municipal Trading Alerts and Improvement Suggestions
| Pioneer Municipal has high likelihood to experience some financial distress in the next 2 years | |
| Reported Net Loss for the year was (4.87 M) with profit before taxes, overhead, and interest of 16.75 M. | |
| On 28th of March 2024 Pioneer Municipal paid $ 0.0335 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Pioneer Closed-End Fund Required Notice to Shareholders Sources of Distribution Under Section 19 - Business Wire |
Pioneer Municipal Returns Distribution Density
The distribution of Pioneer Municipal's historical returns is an attempt to chart the uncertainty of Pioneer Municipal's future price movements. The chart of the probability distribution of Pioneer Municipal daily returns describes the distribution of returns around its average expected value. We use Pioneer Municipal High price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Pioneer Municipal returns is essential to provide solid investment advice for Pioneer Municipal.
| Mean Return | 0.01 | Value At Risk | -1.01 | Potential Upside | 0.96 | Standard Deviation | 0.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Pioneer Municipal historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Pioneer Municipal Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Pioneer Municipal or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Pioneer Municipal's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Pioneer stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 0.29 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.09 |
Pioneer Municipal Volatility Alert
Pioneer Municipal High exhibits relatively low volatility with skewness of 0.19 and kurtosis of 0.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Pioneer Municipal's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Pioneer Municipal's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Pioneer Municipal Fundamentals Vs Peers
Comparing Pioneer Municipal's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Pioneer Municipal's direct or indirect competition across all of the common fundamentals between Pioneer Municipal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Pioneer Municipal or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Pioneer Municipal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Pioneer Municipal by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Pioneer Municipal to competition |
| Fundamentals | Pioneer Municipal | Peer Average |
| Return On Equity | 0.0049 | -0.31 |
| Return On Asset | 0.0267 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.81 % | (5.51) % |
| Current Valuation | 308.34 M | 16.62 B |
| Shares Outstanding | 22.77 M | 571.82 M |
| Shares Owned By Institutions | 52.84 % | 39.21 % |
| Number Of Shares Shorted | 53.09 K | 4.71 M |
| Price To Earning | 18.74 X | 28.72 X |
| Price To Book | 1.03 X | 9.51 X |
| Price To Sales | 11.70 X | 11.42 X |
| Revenue | (4.28 M) | 9.43 B |
| Gross Profit | 16.75 M | 27.38 B |
| EBITDA | (18.58 M) | 3.9 B |
| Net Income | (4.87 M) | 570.98 M |
| Cash And Equivalents | 106.71 K | 2.7 B |
| Total Debt | 145 M | 5.32 B |
| Debt To Equity | 0.58 % | 48.70 % |
| Current Ratio | 5.01 X | 2.16 X |
| Book Value Per Share | 8.39 X | 1.93 K |
| Cash Flow From Operations | 27.14 M | 971.22 M |
| Short Ratio | 1.86 X | 4.00 X |
| Earnings Per Share | 0.04 X | 3.12 X |
| Beta | 0.62 | -0.15 |
| Market Capitalization | 195.06 M | 19.03 B |
| Total Asset | 361.57 M | 29.47 B |
| Retained Earnings | (67.95 M) | 9.33 B |
| Annual Yield | 0.05 % | |
| Five Year Return | 5.00 % | |
| Net Asset | 361.57 M | |
| Last Dividend Paid | 0.44 |
Note: Disposition of 5805 shares by Mark Bradley of Pioneer Municipal at 11.56 subject to Rule 16b-3 [view details]
Pioneer Municipal Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Pioneer . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Pioneer Municipal Buy or Sell Advice
When is the right time to buy or sell Pioneer Municipal High? Buying financial instruments such as Pioneer Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 248.3M | 231.6M | 208.4M | 250.4M | Total Assets | 394.4M | 361.6M | 325.4M | 326.1M |
Use Investing Ideas to Build Portfolios
In addition to having Pioneer Municipal 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.Did You Try This Idea?
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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 Electronic Equipment Theme or any other thematic opportunities.
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Check out Pioneer Municipal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Pioneer Municipal High information on this page should be used as a complementary analysis to other Pioneer Municipal'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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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Is Pioneer Municipal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Municipal. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Dividend Share 0.441 | Earnings Share 0.04 | Revenue Per Share 0.738 | Quarterly Revenue Growth 0.035 |
The market value of Pioneer Municipal High 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal'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.