Is FlexShares High Yield Value-Scored Bond ETF a Strong ETF Right Now?
| PRHCX Fund | USD 4.82 0.01 0.21% |
Slightly above 66% of Prudential High's investor base is looking to short. The analysis of overall sentiment of trading Prudential High Yield mutual fund suggests that many investors are alarmed at this time. Prudential High's investing sentiment can be driven by a variety of factors including economic data, Prudential High's earnings reports, geopolitical events, and overall market trends.
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Prudential High Fundamental Analysis
We analyze Prudential High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prudential High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prudential High 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.
Bond Positions Weight
Bond Positions Weight Comparative Analysis
Prudential High is currently under evaluation in bond positions weight among similar funds. Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Prudential High Yield 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 High mutual fund to make a market-neutral strategy. Peer analysis of Prudential High could also be used in its relative valuation, which is a method of valuing Prudential High by comparing valuation metrics with similar companies.
Peers
Prudential High Related Equities
| JGIFX | John Hancock | 0.38 | ||||
| UGSFX | Us Government | 0.34 | ||||
| TWACX | Short-term Government | 0.22 | ||||
| BIGLX | Blackrock | 0.22 | ||||
| LCCXX | Lord Abbett | 0.00 | ||||
| RGVCX | Us Government | 0.08 |
Other Information on Investing in Prudential Mutual Fund
Prudential High 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 High security.
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