Prudential Emerging Markets Fund Market Value

EMDCX Fund  USD 4.52  0.03  0.66%   
Prudential Emerging's market value is the price at which a share of Prudential Emerging trades on a public exchange. It measures the collective expectations of Prudential Emerging Markets investors about its performance. Prudential Emerging is trading at 4.52 as of the 3rd of March 2025; that is 0.66 percent decrease since the beginning of the trading day. The fund's open price was 4.55.
With this module, you can estimate the performance of a buy and hold strategy of Prudential Emerging Markets and determine expected loss or profit from investing in Prudential Emerging over a given investment horizon. Check out Prudential Emerging Correlation, Prudential Emerging Volatility and Prudential Emerging Alpha and Beta module to complement your research on Prudential Emerging.
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Please note, there is a significant difference between Prudential Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Prudential Emerging 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Prudential Emerging's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Prudential Emerging.
0.00
02/01/2025
No Change 0.00  0.0 
In 30 days
03/03/2025
0.00
If you would invest  0.00  in Prudential Emerging on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding Prudential Emerging Markets or generate 0.0% return on investment in Prudential Emerging over 30 days. Prudential Emerging is related to or competes with Ab Bond, Praxis Impact, Intermediate Bond, Flexible Bond, Morningstar Defensive, and Scout Core. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80 percent of its in... More

Prudential Emerging Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Prudential Emerging's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Prudential Emerging Markets upside and downside potential and time the market with a certain degree of confidence.

Prudential Emerging Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Emerging's standard deviation. In reality, there are many statistical measures that can use Prudential Emerging historical prices to predict the future Prudential Emerging's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prudential Emerging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.114.524.93
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Intrinsic
Valuation
LowRealHigh
4.104.514.92
Details
Naive
Forecast
LowNextHigh
4.134.544.94
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.464.534.60
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Prudential Emerging Backtested Returns

At this stage we consider Prudential Mutual Fund to be very steady. Prudential Emerging maintains Sharpe Ratio (i.e., Efficiency) of 0.011, which implies the entity had a 0.011 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prudential Emerging, which you can use to evaluate the volatility of the fund. Please check Prudential Emerging's Coefficient Of Variation of 3818.63, risk adjusted performance of 0.0117, and Semi Deviation of 0.3124 to confirm if the risk estimate we provide is consistent with the expected return of 0.0045%. The fund holds a Beta of 0.0792, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Emerging is expected to be smaller as well.

Auto-correlation

    
  -0.5  

Modest reverse predictability

Prudential Emerging Markets has modest reverse predictability. Overlapping area represents the amount of predictability between Prudential Emerging time series from 1st of February 2025 to 16th of February 2025 and 16th of February 2025 to 3rd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prudential Emerging price movement. The serial correlation of -0.5 indicates that about 50.0% of current Prudential Emerging price fluctuation can be explain by its past prices.
Correlation Coefficient-0.5
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.0
Prudential ReturnsPrudential Lagged ReturnsDiversified AwayPrudential ReturnsPrudential Lagged ReturnsDiversified Away100%

Prudential Emerging lagged returns against current returns

Autocorrelation, which is Prudential Emerging mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Prudential Emerging's mutual fund expected returns. We can calculate the autocorrelation of Prudential Emerging returns to help us make a trade decision. For example, suppose you find that Prudential Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
JavaScript chart by amCharts 3.21.15Feb 18Feb 20Feb 22Feb 24Feb 26Feb 28Mar-1.0%-0.5%0%0.5%1.0%1.5%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Prudential Emerging regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Prudential Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prudential Emerging mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 18Feb 20Feb 22Feb 24Feb 26Feb 28Mar4.524.534.544.554.564.57
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Prudential Emerging Lagged Returns

When evaluating Prudential Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Emerging mutual fund have on its future price. Prudential Emerging autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Prudential Emerging autocorrelation shows the relationship between Prudential Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Prudential Emerging Markets.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15FebFeb 07Feb 11Feb 15Feb 19Feb 23Feb 27Mar4.504.514.524.534.544.554.564.57
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Prudential Mutual Fund

Prudential Emerging 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 Emerging security.
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