NextEra Energy Partners Down 22.1 percent Since Last Earnings Report Can It Rebound?

PRUQX Fund  USD 17.64  0.02  0.11%   
Slightly above 54% of Prudential Utility's investor base is interested to short. The analysis of overall sentiment of trading Prudential Utility Fund mutual fund suggests that many investors are impartial at this time. Prudential Utility's investing sentiment can be driven by a variety of factors including economic data, Prudential Utility's earnings reports, geopolitical events, and overall market trends.
  
NextEra Energy Partners reported earnings 30 days ago. Whats next for the stock We take a look at earnings estimates for some clues.

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Prudential Utility Fundamental Analysis

We analyze Prudential Utility's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prudential Utility using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prudential Utility 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.

Five Year Return

Five Year Return Comparative Analysis

Prudential Utility is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Prudential Utility 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 Utility mutual fund to make a market-neutral strategy. Peer analysis of Prudential Utility could also be used in its relative valuation, which is a method of valuing Prudential Utility by comparing valuation metrics with similar companies.

Peers

Prudential Utility Related Equities

VGASVerde Clean   1.18   
0%
88.0%
SRSpire   0.11   
0%
8.0%
ESEversource Energy   0.15   
11.0%
0%
FEFirstEnergy   0.16   
12.0%
0%
NINiSource   0.42   
31.0%
0%
DDominion Energy   0.47   
35.0%
0%
SOSouthern   0.68   
51.0%
0%
EDConsolidated Edison   0.97   
72.0%
0%
AYAtlantica Sustainable   0.99   
74.0%
0%
HEHawaiian Electric   1.33   
100.0%
0%

Other Information on Investing in Prudential Mutual Fund

Prudential Utility 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 Utility security.
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