Prudential Global Total Fund Probability of Future Mutual Fund Price Finishing Over 5.18
| PGTSX Fund | USD 5.18 0.01 0.19% |
Prudential |
Prudential Global Target Price Odds to finish over 5.18
The tendency of Prudential Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 5.18 | 90 days | 5.18 | about 97.0 |
Based on a normal probability distribution, the odds of Prudential Global to move above the current price in 90 days from now is about 97.0 (This Prudential Global Total probability density function shows the probability of Prudential Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Prudential Global Total has a beta of -0.0741 indicating as returns on the benchmark increase, returns on holding Prudential Global are expected to decrease at a much lower rate. During a bear market, however, Prudential Global Total is likely to outperform the market. Additionally Prudential Global Total has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Prudential Global Price Density |
| Price |
Predictive Modules for Prudential Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prudential Global Total. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prudential Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Prudential Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prudential Global is not an exception. The market had few large corrections towards the Prudential Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Prudential Global Total, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prudential Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.54 |
Prudential Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Prudential Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prudential Global Total can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prudential Global generated a negative expected return over the last 90 days | |
| Prudential Global Total generated five year return of -2.0% | |
| This fund maintains about 56.54% of its assets in bonds |
Prudential Global Technical Analysis
Prudential Global's future price can be derived by breaking down and analyzing its technical indicators over time. Prudential Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prudential Global Total. In general, you should focus on analyzing Prudential Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Prudential Global Predictive Forecast Models
Prudential Global's time-series forecasting models is one of many Prudential Global's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Prudential Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Prudential Global Total
Checking the ongoing alerts about Prudential Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prudential Global Total help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prudential Global generated a negative expected return over the last 90 days | |
| Prudential Global Total generated five year return of -2.0% | |
| This fund maintains about 56.54% of its assets in bonds |
Other Information on Investing in Prudential Mutual Fund
Prudential Global 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 Global security.
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