Prudential Absolute Financials
| PADZX Fund | USD 9.17 0.01 0.11% |
Prudential |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Prudential Absolute Fund Summary
Prudential Absolute competes with Copeland Risk, Siit High, Goldman Sachs, Metropolitan West, and California High-yield. The fund invests at least 80 percent of its investable assets in debt securities andor investments that provide exposure to bonds. It may invest up to 50 percent of its total assets in debt securities that are rated below investment grade or, if unrated, of comparable quality at the time of purchase as determined by the funds subadviser.Specialization | Nontraditional Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US74441J8291 |
| Business Address | Prudential Investment Portfolio |
| Mutual Fund Family | PGIM Investments |
| Mutual Fund Category | Nontraditional Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 225 1852 |
| Currency | USD - US Dollar |
Prudential Absolute Key Financial Ratios
Prudential Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prudential Absolute's current stock value. Our valuation model uses many indicators to compare Prudential Absolute value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prudential Absolute competition to find correlations between indicators driving Prudential Absolute's intrinsic value. More Info.Prudential Absolute Return is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 3,303 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Prudential Absolute's earnings, one of the primary drivers of an investment's value.Prudential Absolute Systematic Risk
Prudential Absolute's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prudential Absolute volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Prudential Absolute correlated with the market. If Beta is less than 0 Prudential Absolute generally moves in the opposite direction as compared to the market. If Prudential Absolute Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prudential Absolute is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prudential Absolute is generally in the same direction as the market. If Beta > 1 Prudential Absolute moves generally in the same direction as, but more than the movement of the benchmark.
Prudential Absolute November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prudential Absolute help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prudential Absolute Return. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prudential Absolute Return based on widely used predictive technical indicators. In general, we focus on analyzing Prudential Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prudential Absolute's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1175 | |||
| Information Ratio | (0.86) | |||
| Maximum Drawdown | 0.6669 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1109 |
Other Information on Investing in Prudential Mutual Fund
Prudential Absolute 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 Absolute security.
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