PGIM ETF Financial Statements From 2010 to 2026
| PFRL Etf | USD 49.80 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.
This module can also supplement various PGIM ETF Technical models . Check out the analysis of PGIM ETF Correlation against competitors. PGIM ETF Trust ETF Beta Analysis
PGIM ETF's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current PGIM ETF Beta | 0.11 |
Most of PGIM ETF's fundamental indicators, such as Beta, 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.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, PGIM ETF Trust has a Beta of 0.11. This is much higher than that of the PGIM Investments family and significantly higher than that of the Bank Loan category. The beta 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.
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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.