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HNW (Pioneer Diversified Highome Trust) Momentum Rank : 7 (As of Mar. 04, 2025)


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What is Pioneer Diversified Highome Trust Momentum Rank?

Pioneer Diversified Highome Trust has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Pioneer Diversified Highome Trust's Momentum Rank

For the Asset Management subindustry, Pioneer Diversified Highome Trust's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pioneer Diversified Highome Trust's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Diversified Highome Trust's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Pioneer Diversified Highome Trust's Momentum Rank falls into.


Pioneer Diversified Highome Trust Momentum Rank Related Terms

Thank you for viewing the detailed overview of Pioneer Diversified Highome Trust's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Pioneer Diversified Highome Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Diversified High Income Trust (AMEX:HNW) » Definitions » Momentum Rank
Comparable Companies
NMI MGF IGI BBXIA RMI GDL IHD GGZ KF ERH BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Website
https://www.amundi.com
Pioneer Diversified High Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income as well as capital appreciation. The company invests in various sectors such as Health Care Technology, Household Durables, Oil, Gas and Consumable Fuels, Specialty Retail, Banks, Chemicals, Financial Services, and others. It also invests in convertible bonds, common stock, asset-backed securities, and the U.S Treasury.
Executives
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Lawrence R Zeno other: Affiliated Person 60 STATE STREET, BOSTON MA 02109
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
George W Karpus other: See Explanation of Responses
Andrew Feltus other: Affiliated Person 60 STATE ST, BOSTON MA 02109
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Mark Edward Bradley officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Chin Liu other: Affiliated Person PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Lorraine H Monchak other: Trustee 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Fred J Ricciardi other: Trustee 60 STATE STREET, BOSTON MA 02109

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