PGIM ETF Financials
| PTRB Etf | USD 42.02 0.21 0.50% |
PGIM |
The data published in PGIM ETF's official financial statements typically reflect PGIM ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving PGIM ETF's quantitative information. For example, before you start analyzing numbers published by PGIM accountants, it's essential to understand PGIM ETF's liquidity, profitability, and earnings quality within the context of the PGIM Investments space in which it operates.
Please note, the presentation of PGIM ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PGIM ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of PGIM ETF's management manipulating its earnings.
PGIM ETF Etf Summary
PGIM ETF competes with SSGA Active, BlackRock Intermediate, IShares BBB, and Xtrackers Short. The fund sub-adviser seeks to achieve its objective through a mix of current income and capital appreciation. PGIM ETF is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US69344A8009 |
| CUSIP | 69344A800 |
| Region | Global |
| Investment Issuer | PGIM Investments |
| Etf Family | PGIM Investments |
| Fund Category | Broad Debt |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
PGIM ETF Key Financial Ratios
PGIM Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PGIM ETF's current stock value. Our valuation model uses many indicators to compare PGIM ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PGIM ETF competition to find correlations between indicators driving PGIM ETF's intrinsic value. More Info.PGIM ETF Trust is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 6.29 of One Year Return per Beta. 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 PGIM ETF's earnings, one of the primary drivers of an investment's value.PGIM ETF Trust Systematic Risk
PGIM ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PGIM ETF 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 twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on PGIM ETF Trust correlated with the market. If Beta is less than 0 PGIM ETF generally moves in the opposite direction as compared to the market. If PGIM ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PGIM ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PGIM ETF is generally in the same direction as the market. If Beta > 1 PGIM ETF moves generally in the same direction as, but more than the movement of the benchmark.
About PGIM ETF Financials
What exactly are PGIM ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include PGIM ETF's income statement, its balance sheet, and the statement of cash flows. Potential PGIM ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although PGIM ETF investors may use each financial statement separately, they are all related. The changes in PGIM ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PGIM ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.PGIM ETF Thematic Clasifications
PGIM ETF Trust is part of several thematic ideas from Strategy ETFs to Broad Debt ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPGIM ETF March 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of PGIM ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PGIM ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of PGIM ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing PGIM Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PGIM ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3031 | |||
| Information Ratio | 0.1133 | |||
| Maximum Drawdown | 1.47 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.5136 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGIM ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.