Apellis Pharmaceuticals Reports Third Quarter 2024 Financial Results
| PJHRX Fund | USD 28.27 0.65 2.25% |
Slightly above 62% of Prudential Health's investor base is looking to short. The analysis of overall sentiment of trading Prudential Health Sciences mutual fund suggests that many investors are alarmed at this time. Prudential Health's investing sentiment can be driven by a variety of factors including economic data, Prudential Health's earnings reports, geopolitical events, and overall market trends.
Prudential |
Generated 196.8 million in 3Q 2024 revenues, including 176.6 million in U.S. net product salesGrew SYFOVRE demand by 7...
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Prudential Health Fundamental Analysis
We analyze Prudential Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prudential Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prudential Health 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.
One Year Return
One Year Return Comparative Analysis
Prudential Health is currently under evaluation in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Prudential Health Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Prudential Health mutual fund to make a market-neutral strategy. Peer analysis of Prudential Health could also be used in its relative valuation, which is a method of valuing Prudential Health by comparing valuation metrics with similar companies.
Peers
Prudential Health Related Equities
| 444859BR2 | HUMANA | 0.74 | ||||
| BRRAY | Barloworld | 0.00 | ||||
| FNRCX | Fidelity Advisor | 0.13 | ||||
| LBHIX | Thrivent High | 0.47 | ||||
| ABHYX | High-yield Municipal | 0.47 | ||||
| VIASP | Via Renewables | 0.60 | ||||
| FUGCX | Fidelity Advisor | 1.21 | ||||
| MSTSX | Morningstar Unconstrained | 1.25 |
Other Information on Investing in Prudential Mutual Fund
Prudential Health 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 Health security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |