Prudential Select Correlations

Mutual Funds . USA . 
Fund . Prudential Select Real
SREZX Fund  USD 14.51  0.20  1.40%   
The current 90-days correlation between Prudential Select Real and Sterling Capital Stratton is 0.75 (i.e., Poor diversification). The correlation of Prudential Select is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Prudential Select Correlation With Market

Poor diversification

The correlation between Prudential Select Real and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prudential Select Real and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Prudential Select Real. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Prudential Mutual Fund

  0.61HYSAX Prudential Short DurationPairCorr
  0.63HYSCX Prudential Short DurationPairCorr
  0.77EMDCX Prudential EmergingPairCorr
  0.77EMDAX Prudential EmergingPairCorr
  0.78EMDZX Prudential EmergingPairCorr
  0.76PGJAX Prudential JennisonPairCorr
  0.76PGJCX Prudential JennisonPairCorr
  0.76PGJZX Prudential JennisonPairCorr
  0.78PGNAX Jennison Natural ResPairCorr
  0.72PGTOX Prudential Global TotalPairCorr
  0.62PGVZX Prudential GovernmentPairCorr
  0.85PHICX Prudential Muni HighPairCorr
  0.86PHIZX Prudential Muni HighPairCorr
  0.69PHYZX Prudential High YieldPairCorr
  0.68PHYEX Pgim High YieldPairCorr
  0.66PIBAX Prudential BalancedPairCorr
  0.64PIFCX Prudential Short TermPairCorr
  0.65PIFZX Prudential Short TermPairCorr
  0.66SDMZX Prudential Short DurationPairCorr

Moving against Prudential Mutual Fund

  0.58PHLCX Prudential HealthPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Prudential Mutual Fund performing well and Prudential Select 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 Select'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
PJEZX  0.56  0.05 (0.01) 0.25  0.63 
(0.58)
 1.37 
(1.26)
 3.27 
BRIIX  0.53  0.02 (0.03) 0.11  0.59 
(0.61)
 1.23 
(1.03)
 3.45 
BARDX  0.45  0.10  0.08  0.41  0.30 
(0.52)
 1.28 
(0.83)
 2.80 
JARIX  0.43  0.08  0.04  0.34  0.38 
(0.50)
 0.98 
(0.78)
 2.67 
JACRX  0.44  0.08  0.03  0.32  0.42 
(0.49)
 1.04 
(0.81)
 2.69 
JAREX  0.44  0.07  0.04  0.30  0.40 
(0.48)
 1.04 
(0.82)
 2.48 
RRGAX  0.42  0.06  0.01  0.28  0.40 
(0.50)
 1.16 
(0.81)
 2.80 
MRASX  0.58  0.04 (0.01) 0.19  0.71 
(0.59)
 1.45 
(1.13)
 3.28 
MRESX  0.58  0.04 (0.02) 0.18  0.73 
(0.59)
 1.47 
(1.13)
 3.37 
STMDX  0.60  0.08  0.05  0.29  0.52 
(0.65)
 1.45 
(1.05)
 5.33 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY