Prudential Total Return Fund Market Value
| PDBAX Fund | USD 11.92 0.03 0.25% |
| Symbol | Prudential |
Prudential Total '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 Total'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 Total.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Prudential Total on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Prudential Total Return or generate 0.0% return on investment in Prudential Total over 30 days. Prudential Total is related to or competes with Great-west Moderately, Calvert Moderate, Tiaa-cref Lifestyle, Sierra Core, and Putnman Retirement. The fund will seek to achieve its objective through a mix of current income and capital appreciation as determined by th... More
Prudential Total 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 Total'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 Total Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3315 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.51 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.5907 |
Prudential Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Total's standard deviation. In reality, there are many statistical measures that can use Prudential Total historical prices to predict the future Prudential Total's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.12) |
Prudential Total Return Backtested Returns
At this stage we consider Prudential Mutual Fund to be very steady. Prudential Total Return maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prudential Total Return, which you can use to evaluate the volatility of the fund. Please check Prudential Total's Coefficient Of Variation of 63762.16, semi deviation of 0.2875, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0019%. The fund holds a Beta of 0.0823, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Total is expected to be smaller as well.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Prudential Total Return has insignificant reverse predictability. Overlapping area represents the amount of predictability between Prudential Total time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Total Return price movement. The serial correlation of -0.2 indicates that over 20.0% of current Prudential Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Prudential Total Return lagged returns against current returns
Autocorrelation, which is Prudential Total 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Prudential Total returns to help us make a trade decision. For example, suppose you find that Prudential Total 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 |
| Timeline |
Prudential Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Total 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 Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Prudential Total Lagged Returns
When evaluating Prudential Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Total mutual fund have on its future price. Prudential Total 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 Total autocorrelation shows the relationship between Prudential Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Prudential Total Return.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Prudential Mutual Fund
Prudential Total 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 Total security.
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