Pgim Active High Etf Price on August 2, 2024
| PHYL Etf | USD 34.92 0.13 0.37% |
Below is the normalized historical share price chart for PGIM Active High extending back to September 27, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PGIM Active stands at 34.92, as last reported on the 21st of December, with the highest price reaching 34.94 and the lowest price hitting 34.85 during the day.
If you're considering investing in PGIM Etf, it is important to understand the factors that can impact its price. PGIM Active High maintains Sharpe Ratio (i.e., Efficiency) of -0.0107, which implies the entity had a -0.0107% return per unit of volatility over the last 3 months. PGIM Active High exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PGIM Active's coefficient of variation of (5,467), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
PGIM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 8.91 | 200 Day MA 34.8845 | 1 y Volatility 4.83 | 50 Day MA 35.2666 | Inception Date 2018-09-24 |
PGIM |
Sharpe Ratio = -0.0107
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PHYL |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PGIM Active is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PGIM Active by adding PGIM Active to a well-diversified portfolio.
Average Mkt Cap Mil 29.54963 |
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PGIM Active Valuation on August 2, 2024
It is possible to determine the worth of PGIM Active on a given historical date. On August 2, 2024 PGIM was worth 33.8 at the beginning of the trading date compared to the closed value of 33.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PGIM Active etf. Still, in general, we apply an absolute valuation method to find PGIM Active's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PGIM Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PGIM Active's related companies.
| Open | High | Low | Close | Volume | |
| 33.92 | 33.92 | 33.83 | 33.84 | 8,596 | |
08/02/2024 | 33.80 | 33.82 | 33.75 | 33.80 | 11,592 |
| 33.55 | 33.64 | 33.46 | 33.60 | 50,415 |
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PGIM Active Trading Date Momentum on August 2, 2024
| On August 05 2024 PGIM Active High was traded for 33.60 at the closing time. The top price for the day was 33.64 and the lowest listed price was 33.46 . The trading volume for the day was 50.4 K. The trading history from August 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.59% . The trading delta at closing time against the current closing price is 0.21% . |
PGIM Active High Fundamentals Correlations and Trends
By evaluating PGIM Active's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PGIM Active's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PGIM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PGIM Active Etf history
PGIM Active investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PGIM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PGIM Active High will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PGIM Active stock prices may prove useful in developing a viable investing in PGIM Active
Under normal market conditions, the fund invests at least 80 percent of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments with similar economic characteristics. PGIM Active is traded on NYSEARCA Exchange in the United States.
PGIM Active Etf Technical Analysis
PGIM Active technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
PGIM Active Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
PGIM Active High cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PGIM Active December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how PGIM Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PGIM Active shares will generate the highest return on investment. By undertsting and applying PGIM Active etf market strength indicators, traders can identify PGIM Active High entry and exit signals to maximize returns
PGIM Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PGIM Active's price direction in advance. Along with the technical and fundamental analysis of PGIM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of PGIM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.09) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGIM Active High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of PGIM Active High 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 Active's value that differs from its market value or its book value, called intrinsic value, which is PGIM Active'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 Active's market value can be influenced by many factors that don't directly affect PGIM Active'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 Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGIM Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM Active'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.