PGIM ETF Financial Statements From 2010 to 2024
| PFRL Etf | USD 50.97 0.07 0.14% |
Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.04049} |
Check PGIM ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PGIM ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . PGIM financial statements analysis is a perfect complement when working with PGIM ETF Valuation or Volatility modules.
PGIM |
PGIM ETF Trust ETF One Year Return Analysis
PGIM ETF's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current PGIM ETF One Year Return | 11.20 % |
Most of PGIM ETF's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PGIM ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, PGIM ETF Trust has an One Year Return of 11.2%. This is much higher than that of the PGIM Investments family and significantly higher than that of the Bank Loan category. The one year return for all United States etfs is notably lower than that of the firm.
About PGIM ETF Financial Statements
PGIM ETF investors utilize fundamental indicators, such as revenue or net income, to predict how PGIM Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Under normal market conditions, the fund invests at least 80 percent of its investable assets in floating rate loans and other floating rate debt securities. PGIM Floating is traded on NYSEARCA Exchange in the United States.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of PGIM ETF Correlation against competitors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of PGIM ETF Trust is measured differently than its book value, which is the value of PGIM that is recorded on the company's balance sheet. Investors also form their own opinion of PGIM ETF's value that differs from its market value or its book value, called intrinsic value, which is PGIM ETF'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 PGIM ETF's market value can be influenced by many factors that don't directly affect PGIM ETF'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 PGIM ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGIM ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM ETF'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.