PGIM Corporate Risk Adjusted Performance

PCS Etf   50.42  0.01  0.02%   
PGIM Corporate risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for PGIM Corporate Bond or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
PGIM Corporate Bond has current Risk Adjusted Performance of 0.1144.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1144
ER[a] = Expected return on investing in PGIM Corporate
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

PGIM Corporate Risk Adjusted Performance Peers Comparison

PGIM Risk Adjusted Performance Relative To Other Indicators

PGIM Corporate Bond is regarded third largest ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  2.62  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for PGIM Corporate Bond is roughly  2.63 
Compare PGIM Corporate to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas