Pioneer Amt Free Municipal Fund Net Asset
| PBYMX Fund | USD 12.24 0.02 0.16% |
As of the 26th of January, Pioneer Amt-free holds the Coefficient Of Variation of (4,062), variance of 0.0573, and Risk Adjusted Performance of (0.04). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pioneer Amt-free, as well as the relationship between them.
Pioneer Amt-free's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Pioneer Amt-free's valuation are provided below:Pioneer Amt Free Municipal does not presently have any trending fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Pioneer |
Pioneer Amt-free 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pioneer Amt-free's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pioneer Amt-free.
| 10/28/2025 |
| 01/26/2026 |
If you would invest 0.00 in Pioneer Amt-free on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding Pioneer Amt Free Municipal or generate 0.0% return on investment in Pioneer Amt-free over 90 days. Pioneer Amt-free is related to or competes with High-yield Municipal, Performance Trust, Western Asset, Dreyfus Intermediate, Meridian Contrarian, Performance Trust, and Intech Us. Normally, the fund invests at least 80 percent of its net assets in investment grade municipal bonds with a maturity of ... More
Pioneer Amt-free Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pioneer Amt-free's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pioneer Amt Free Municipal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.4072 |
Pioneer Amt-free Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Amt-free's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Amt-free's standard deviation. In reality, there are many statistical measures that can use Pioneer Amt-free historical prices to predict the future Pioneer Amt-free's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.29) |
Pioneer Amt-free January 26, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 0.1283 | |||
| Coefficient Of Variation | (4,062) | |||
| Standard Deviation | 0.2394 | |||
| Variance | 0.0573 | |||
| Information Ratio | (0.35) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.4072 | |||
| Skewness | 2.42 | |||
| Kurtosis | 14.17 |
Pioneer Amt Free Backtested Returns
Pioneer Amt Free maintains Sharpe Ratio (i.e., Efficiency) of -0.0534, which implies the entity had a -0.0534 % return per unit of risk over the last 3 months. Pioneer Amt Free exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pioneer Amt-free's Variance of 0.0573, risk adjusted performance of (0.04), and Coefficient Of Variation of (4,062) to confirm the risk estimate we provide. The fund holds a Beta of 0.0554, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pioneer Amt-free's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Amt-free is expected to be smaller as well.
Auto-correlation | -0.48 |
Modest reverse predictability
Pioneer Amt Free Municipal has modest reverse predictability. Overlapping area represents the amount of predictability between Pioneer Amt-free time series from 28th of October 2025 to 12th of December 2025 and 12th of December 2025 to 26th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pioneer Amt Free price movement. The serial correlation of -0.48 indicates that about 48.0% of current Pioneer Amt-free price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Pioneer Amt Free Municipal has a Net Asset of 915.51 M. This is much higher than that of the Amundi US family and significantly higher than that of the Muni National Long category. The net asset for all United States funds is notably lower than that of the firm.
Pioneer Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pioneer Amt-free's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Pioneer Amt-free could also be used in its relative valuation, which is a method of valuing Pioneer Amt-free by comparing valuation metrics of similar companies.Pioneer Amt is currently under evaluation in net asset among similar funds.
Pioneer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pioneer Amt-free's current stock value. Our valuation model uses many indicators to compare Pioneer Amt-free value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pioneer Amt-free competition to find correlations between indicators driving Pioneer Amt-free's intrinsic value. More Info.Pioneer Amt Free Municipal is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 72.85 of Year To Date Return per Annual Yield. 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 Amt-free's earnings, one of the primary drivers of an investment's value.Fund Asset Allocation for Pioneer Amt-free
The fund consists of 92.77% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.Asset allocation divides Pioneer Amt-free's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Pioneer Fundamentals
| Total Asset | 414.23 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 1.01 % | |||
| One Year Return | 1.35 % | |||
| Three Year Return | 1.91 % | |||
| Five Year Return | (1.27) % | |||
| Ten Year Return | 5.43 % | |||
| Net Asset | 915.51 M | |||
| Minimum Initial Investment | 5 M | |||
| Last Dividend Paid | 0.03 | |||
| Cash Position Weight | 7.22 % | |||
| Bond Positions Weight | 92.77 % |
About Pioneer Amt-free Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Amt Free Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Amt-free using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pioneer Amt Free Municipal based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
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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.Other Information on Investing in Pioneer Mutual Fund
Pioneer Amt-free financial ratios help investors to determine whether Pioneer Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pioneer with respect to the benefits of owning Pioneer Amt-free security.
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