Pgim Corporate Bond Etf Market Value
| PCS Etf | 50.34 0.01 0.02% |
| Symbol | PGIM |
Understanding PGIM Corporate Bond requires distinguishing between market price and book value, where the latter reflects PGIM's accounting equity. The concept of intrinsic value - what PGIM Corporate's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push PGIM Corporate's price substantially above or below its fundamental value.
It's important to distinguish between PGIM Corporate's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding PGIM Corporate should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, PGIM Corporate's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
PGIM Corporate '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 PGIM Corporate's etf 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 PGIM Corporate.
| 11/06/2025 |
| 02/04/2026 |
If you would invest 0.00 in PGIM Corporate on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding PGIM Corporate Bond or generate 0.0% return on investment in PGIM Corporate over 90 days. PGIM Corporate is related to or competes with FT Vest, Zillow Group, Northern Lights, VanEck Vectors, and Diamond Hill. MetroPCS Communications, Inc., a wireless telecommunications carrier, together with its subsidiaries, offer wireless broadband mobile services in the United States. More
PGIM Corporate 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 PGIM Corporate's etf 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 PGIM Corporate Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0495 | |||
| Information Ratio | (0.79) | |||
| Maximum Drawdown | 0.2408 | |||
| Value At Risk | (0.08) | |||
| Potential Upside | 0.1204 |
PGIM Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PGIM Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PGIM Corporate's standard deviation. In reality, there are many statistical measures that can use PGIM Corporate historical prices to predict the future PGIM Corporate's volatility.| Risk Adjusted Performance | 0.1042 | |||
| Jensen Alpha | 0.0066 | |||
| Total Risk Alpha | 0.0032 | |||
| Sortino Ratio | (0.95) | |||
| Treynor Ratio | 0.4118 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PGIM Corporate'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.
PGIM Corporate February 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1042 | |||
| Market Risk Adjusted Performance | 0.4218 | |||
| Mean Deviation | 0.0481 | |||
| Downside Deviation | 0.0495 | |||
| Coefficient Of Variation | 336.71 | |||
| Standard Deviation | 0.0592 | |||
| Variance | 0.0035 | |||
| Information Ratio | (0.79) | |||
| Jensen Alpha | 0.0066 | |||
| Total Risk Alpha | 0.0032 | |||
| Sortino Ratio | (0.95) | |||
| Treynor Ratio | 0.4118 | |||
| Maximum Drawdown | 0.2408 | |||
| Value At Risk | (0.08) | |||
| Potential Upside | 0.1204 | |||
| Downside Variance | 0.0024 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.06) | |||
| Skewness | 0.225 | |||
| Kurtosis | (0.66) |
PGIM Corporate Bond Backtested Returns
Currently, PGIM Corporate Bond is very steady. PGIM Corporate Bond maintains Sharpe Ratio (i.e., Efficiency) of 0.32, which implies the entity had a 0.32 % return per unit of volatility over the last 3 months. We have found twenty-six technical indicators for PGIM Corporate Bond, which you can use to evaluate the volatility of the etf. Please check PGIM Corporate's downside deviation of 0.0495, and Risk Adjusted Performance of 0.1042 to confirm if the risk estimate we provide is consistent with the expected return of 0.0184%. The etf holds a Beta of 0.0184, which implies not very significant fluctuations relative to the market. As returns on the market increase, PGIM Corporate's returns are expected to increase less than the market. However, during the bear market, the loss of holding PGIM Corporate is expected to be smaller as well.
Auto-correlation | 0.76 |
Good predictability
PGIM Corporate Bond has good predictability. Overlapping area represents the amount of predictability between PGIM Corporate time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PGIM Corporate Bond price movement. The serial correlation of 0.76 indicates that around 76.0% of current PGIM Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thematic Opportunities
Explore Investment Opportunities
Check out PGIM Corporate Correlation, PGIM Corporate Volatility and PGIM Corporate Performance module to complement your research on PGIM Corporate. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
PGIM Corporate technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.