Jennison Natural Resources Fund Fundamentals
| JNRRX Fund | USD 54.78 0.01 0.02% |
Jennison Natural Resources fundamentals help investors to digest information that contributes to Jennison Natural's financial success or failures. It also enables traders to predict the movement of Jennison Mutual Fund. The fundamental analysis module provides a way to measure Jennison Natural's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Jennison Natural mutual fund.
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Jennison Natural Resources Mutual Fund Price To Book Analysis
Jennison Natural's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Jennison Natural Price To Book | 1.67 X |
Most of Jennison Natural's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Jennison Natural Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Jennison Natural Resources has a Price To Book of 1.67 times. This is much higher than that of the PGIM Funds (Prudential) family and significantly higher than that of the Natural Resources category. The price to book for all United States funds is notably lower than that of the firm.
Jennison Natural Res Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Jennison Natural's current stock value. Our valuation model uses many indicators to compare Jennison Natural value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jennison Natural competition to find correlations between indicators driving Jennison Natural's intrinsic value. More Info.Jennison Natural Resources is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Jennison Natural Resources is roughly 16.00 . 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 Jennison Natural's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Jennison Natural
The fund consists of 96.36% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Jennison Natural's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Jennison Fundamentals
| Price To Earning | 26.72 X | ||||
| Price To Book | 1.67 X | ||||
| Price To Sales | 1.56 X | ||||
| Total Asset | 752.91 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 9.63 % | ||||
| One Year Return | 12.78 % | ||||
| Three Year Return | 9.57 % | ||||
| Five Year Return | 15.21 % | ||||
| Ten Year Return | (5.40) % | ||||
| Net Asset | 1.3 B | ||||
| Last Dividend Paid | 0.41 | ||||
| Equity Positions Weight | 96.36 % |
About Jennison Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jennison Natural Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jennison Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jennison Natural Resources based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund normally invests at least 80 percent of investable assets in equity and equity-related securities of natural resource companies and in asset-based securities. Natural resource companies are U.S. and foreign companies that own, explore, mine, process or otherwise develop, or provide goods and services with respect to, natural resources. Asset-based securities are securities, the values of which are related to the market value of a natural resource. The principal type of equity in which the fund invests is common stock.
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Jennison Natural financial ratios help investors to determine whether Jennison 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 Jennison with respect to the benefits of owning Jennison Natural security.
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