Pgim Conservative Retirement Fund Market Value
| PGFCX Fund | USD 10.40 0.01 0.1% |
| Symbol | Pgim |
Pgim Conservative '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 Conservative'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 Pgim Conservative.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Pgim Conservative on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Pgim Conservative Retirement or generate 0.0% return on investment in Pgim Conservative over 30 days. Pgim Conservative is related to or competes with California Municipal, Versatile Bond, Flexible Bond, Pace Municipal, Vanguard Core, and Ambrus Core. Under normal circumstances, the fund will invest approximately 60 percent of its total assets in underlying funds that invest primarily in fixed income securities and invest the remainder of the funds total assets in underlying funds that invest primarily in equity securities and non-traditional asset classes. More
Pgim Conservative 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 Conservative'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 Pgim Conservative Retirement upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4419 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.12 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.5831 |
Pgim Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pgim Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pgim Conservative's standard deviation. In reality, there are many statistical measures that can use Pgim Conservative historical prices to predict the future Pgim Conservative's volatility.| Risk Adjusted Performance | (0.001) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (0.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pgim Conservative'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 Conservative Backtested Returns
At this stage we consider Pgim Mutual Fund to be out of control. Pgim Conservative maintains Sharpe Ratio (i.e., Efficiency) of 0.0485, which implies the entity had a 0.0485 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pgim Conservative, which you can use to evaluate the volatility of the fund. Please check Pgim Conservative's Coefficient Of Variation of 7401.35, risk adjusted performance of (0.001), and Semi Deviation of 0.3633 to confirm if the risk estimate we provide is consistent with the expected return of 0.0188%. The fund holds a Beta of 0.0091, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pgim Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pgim Conservative is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Pgim Conservative Retirement has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pgim Conservative 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 Pgim Conservative price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Pgim Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pgim Conservative lagged returns against current returns
Autocorrelation, which is Pgim Conservative 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 Pgim Conservative's mutual fund expected returns. We can calculate the autocorrelation of Pgim Conservative returns to help us make a trade decision. For example, suppose you find that Pgim Conservative 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 |
Pgim Conservative 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 Pgim Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pgim Conservative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pgim Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pgim Conservative Lagged Returns
When evaluating Pgim Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pgim Conservative mutual fund have on its future price. Pgim Conservative 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, Pgim Conservative autocorrelation shows the relationship between Pgim Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pgim Conservative Retirement.
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 Pgim Mutual Fund
Pgim Conservative financial ratios help investors to determine whether Pgim 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 Pgim with respect to the benefits of owning Pgim Conservative security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |