Prudential Health Competition

PHLAX Fund

USD 39.99 0.23 0.58%

Prudential Health competes with Columbia Convertible, Rational/pier, Franklin Convertible, Allianzgi Convertible, and Calamos Dynamic; as well as few others. The fund is listed under Health category and is part of PGIM Investments family. The entity is thematically classified as Healthcare Funds. Analyzing Prudential Health competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Prudential Health to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Prudential Health Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Prudential Health competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
39.13	39.99	40.85

Details

Intrinsic

Valuation

Low	Real	High
35.99	44.02	44.88

Details

Naive

Forecast

Low	Next	High
38.20	39.06	39.91

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
39.08	41.01	42.95

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Prudential Health. Your research has to be compared to or analyzed against Prudential Health's peers to derive any actionable benefits. When done correctly, Prudential Health's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Prudential Health.

Prudential Health Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Prudential Health and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Prudential and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Prudential Health does not affect the price movement of the other competitor.

	COCRX	PBXIX	FISCX	ANZCX	CCD
COCRX		0.96	0.98	0.99	0.56	COCRX
PBXIX	0.96		0.97	0.93	0.64	PBXIX
FISCX	0.98	0.97		0.97	0.5	FISCX
ANZCX	0.99	0.93	0.97		0.46	ANZCX
CCD	0.56	0.64	0.5	0.46		CCD
	COCRX	PBXIX	FISCX	ANZCX	CCD

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Prudential Mutual Fund performing well and Prudential Health Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Prudential Health's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
COCRX	0.37	0.05	0.00	0.20	0.24	(0.42)	0.92	(0.67)	2.13
PBXIX	0.31	0.08	(0.05)	1.72	0.00	(0.41)	0.83	(0.55)	1.94
FISCX	0.36	0.14	0.11	1.61	0.00	(0.46)	1.14	(0.56)	1.92
ANZCX	0.45	0.08	0.07	0.23	0.25	(0.52)	1.13	(0.86)	2.54
CCD	0.71	0.03	(0.02)	0.16	0.73	(0.83)	1.88	(1.56)	4.27

Unable to evaluate fundamental data of [COCRX, PBXIX, FISCX, ANZCX, CCD] at this time. Please try again later

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Prudential Health Competitive Analysis

The better you understand Prudential Health competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Prudential Health's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Prudential Health's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	PHLAX	COCRX	PBXIX	FISCX	ANZCX	CCD
	0.58 39.99 Prudential	0.67 22.58 Columbia	0.17 11.45 Rational/pier	0.29 23.92 Franklin	0.77 38.11 ALLIANZGI	0.82 24.53 Calamos
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Solid	Good	Solid	Solid	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Buy	Buy	Hold	Strong Buy	Strong Buy
Net Asset	1.68 B	1.04 B	99.14 M	2.84 B	2.7 B	N/A
Minimum Initial Investment	N/A	N/A	N/A	N/A	2.5 K	N/A
Price To Book	2.63 X	1.49 X	N/A	2.06 X	N/A	N/A
Five Year Return	11.59 %	9.95 %	N/A	11.54 %	10.15 %	9.75 %
One Year Return	17.17 %	19.06 %	14.71 %	23.74 %	20.37 %	20.73 %
Last Dividend Paid	N/A	0.06	0.04	0.04	N/A	2.34
Price To Earning	25.62 X	1.79 X	N/A	15.32 X	N/A	2.31 X
Beta	N/A	N/A	N/A	N/A	N/A	1.3
Price To Sales	2.12 X	2.85 X	N/A	1.72 X	N/A	N/A
Cash Position Weight	5.13 %	0.20 %	4.03 %	0.91 %	1.59 %	N/A
Equity Positions Weight	94.87 %	7.46 %	22.96 %	6.91 %	4.47 %	N/A
Three Year Return	2.75 %	(1.52) %	0.43 %	0.86 %	(2.49) %	(5.41) %
Annual Yield	N/A	0.02 %	0.02 %	0.01 %	N/A	0.01 %
Year To Date Return	7.82 %	9.72 %	9.95 %	15.30 %	12.61 %	10.04 %
Bond Positions Weight	N/A	0.81 %	N/A	N/A	N/A	N/A
Ten Year Return	17.39 %	10.66 %	N/A	11.11 %	10.23 %	N/A
Day Typical Price	39.99	22.58	11.45	23.92	38.11	24.47
Accumulation Distribution	N/A	N/A	N/A	N/A	N/A	0.0118
Market Facilitation Index	N/A	N/A	N/A	N/A	N/A	0.29
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	0.6897
Period Momentum Indicator	0.23	0.15	(0.02)	0.07	0.29	0.2
Rate Of Daily Change	1.01	1.01	1.0	1.0	1.01	1.01
Day Median Price	39.99	22.58	11.45	23.92	38.11	24.44
Price Action Indicator	0.12	0.075	(0.01)	0.035	0.14	0.2
Relative Strength Index	38.76	67.13	61.57	69.77	71.15	54.71
Coefficient Of Variation	(738.44)	431.79	444.76	308.23	392.21	1010.89
Mean Deviation	0.6319	0.3672	0.3071	0.363	0.4458	0.7148
Jensen Alpha	(0.19)	0.049	0.0761	0.1355	0.0781	0.0315
Total Risk Alpha	(0.24)	0.0376	0.0281	0.0823	0.0615	(0.04)
Sortino Ratio	N/A	(0)	(0.05)	0.1127	0.0682	(0.02)
Downside Variance	N/A	0.2506	0.1535	0.1588	0.2928	0.725
Standard Deviation	0.8523	0.4702	0.4038	0.4759	0.5741	0.9375
Kurtosis	3.34	(0.01)	0.5348	0.1969	0.042	0.2876
Potential Upside	0.9531	0.9238	0.8318	1.14	1.13	1.88
Treynor Ratio	(0.20)	0.1972	1.72	1.61	0.2329	0.1605
Maximum Drawdown	5.07	2.13	1.94	1.92	2.54	4.27
Variance	0.7263	0.2211	0.1631	0.2265	0.3296	0.8789
Market Risk Adjusted Performance	(0.19)	0.2072	1.73	1.62	0.2429	0.1705
Risk Adjusted Performance	(0.10)	0.1704	0.1626	0.2414	0.1912	0.0773
Skewness	(1.21)	(0.21)	0.3573	0.2948	(0.05)	0.26
Semi Deviation	N/A	0.24	0.0	0.0	0.2531	0.7254
Information Ratio	(0.26)	(0)	(0.05)	0.0944	0.0643	(0.02)
Value At Risk	(1.38)	(0.67)	(0.55)	(0.56)	(0.86)	(1.56)
Expected Short fall	N/A	(0.42)	(0.41)	(0.46)	(0.52)	(0.83)
Downside Deviation	N/A	0.5006	0.3918	0.3985	0.5411	0.8515
Semi Variance	N/A	0.0576	(0)	(0.06)	0.0641	0.5262

Prudential Health Competition Performance Charts

Five steps to successful analysis of Prudential Health Competition

Prudential Health's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Prudential Health in relation to its competition. Prudential Health's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Prudential Health in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Prudential Health's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Prudential Health, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Prudential Health position

In addition to having Prudential Health 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.

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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 Airlines Theme or any other thematic opportunities.

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Other Information on Investing in Prudential Mutual Fund

Prudential Health financial ratios help investors to determine whether Prudential 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 Prudential with respect to the benefits of owning Prudential Health security.

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Prudential Health Competition

Specify up to 10 symbols:

Prudential Health Competition Correlation Matrix

Risk-Adjusted Indicators

Prudential Health Competitive Analysis

Prudential Health Competition Performance Charts

Five steps to successful analysis of Prudential Health Competition

Complement your Prudential Health position

Did You Try This Idea?

Run Airlines Thematic Idea Now

Airlines

Other Information on Investing in Prudential Mutual Fund

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