Prudential Corporate Financials

TGMBX Fund  USD 9.94  0.02  0.20%   
You can use Prudential Porate Bond fundamental data analysis to find out if markets are presently mispricing the entity. We have analyzed thirteen available financial ratios for Prudential Porate Bond, which can be compared to its competitors. The fund experiences a normal downward trend and little activity. Check odds of Prudential Corporate to be traded at $9.84 in 90 days.
  
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 Corporate Fund Summary

Prudential Corporate competes with Prudential Jennison, Prudential Jennison, Prudential Jennison, Prudential Short, and Prudential Short. The fund normally invests at least 80 percent of its investable assets in bonds of corporations with varying maturities. For purposes of this policy, bonds include all fixed-income securities, adjustable rate securities and floating rate securities, other than preferred securities, and corporations include all private issuers.
Specialization
Corporate Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressTarget Portfolio Trust
Mutual Fund FamilyPGIM Investments
Mutual Fund CategoryCorporate Bond
BenchmarkDow Jones Industrial
Phone800 225 1852
CurrencyUSD - US Dollar

Prudential Corporate Key Financial Ratios

Prudential Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Prudential Corporate's current stock value. Our valuation model uses many indicators to compare Prudential Corporate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prudential Corporate competition to find correlations between indicators driving Prudential Corporate's intrinsic value. More Info.
Prudential Porate Bond 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  530.89  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 Corporate's earnings, one of the primary drivers of an investment's value.

Prudential Porate Bond Systematic Risk

Prudential Corporate's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prudential Corporate 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Prudential Porate Bond correlated with the market. If Beta is less than 0 Prudential Corporate generally moves in the opposite direction as compared to the market. If Prudential Corporate Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prudential Porate Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prudential Corporate is generally in the same direction as the market. If Beta > 1 Prudential Corporate moves generally in the same direction as, but more than the movement of the benchmark.
Prudential Porate Bond is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Corporate Bond category is currently estimated at about 28.41 Billion. Prudential Corporate adds roughly 25.87 Million in net asset claiming only tiny portion of funds in Corporate Bond category.

Prudential Corporate November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Prudential Corporate help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prudential Porate Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prudential Porate Bond 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 Corporate's daily price indicators and compare them against related drivers.

Other Information on Investing in Prudential Mutual Fund

Prudential Corporate 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 Corporate security.
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