Prudential Absolute Return Fund Manager Performance Evaluation
| PADZX Fund | USD 9.16 0.01 0.11% |
The fund holds a Beta of 0.0319, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Absolute's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Absolute is expected to be smaller as well.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Prudential Absolute Return are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Prudential Absolute is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 30th of December 2022 |
Prudential |
Prudential Absolute Relative Risk vs. Return Landscape
If you would invest 911.00 in Prudential Absolute Return on December 31, 2024 and sell it today you would earn a total of 5.00 from holding Prudential Absolute Return or generate 0.55% return on investment over 90 days. Prudential Absolute Return is currently producing 0.009% returns and takes up 0.1024% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Prudential, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Prudential Absolute Current Valuation
Overvalued
Today
Please note that Prudential Absolute's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Prudential Absolute holds a recent Real Value of $8.38 per share. The prevailing price of the fund is $9.16. We determine the value of Prudential Absolute from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Prudential Absolute is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Prudential Mutual Fund. However, Prudential Absolute's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.16 | Real 8.38 | Hype 9.16 |
The intrinsic value of Prudential Absolute's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Prudential Absolute's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Prudential Absolute Return helps investors to forecast how Prudential mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Prudential Absolute more accurately as focusing exclusively on Prudential Absolute's fundamentals will not take into account other important factors: Prudential Absolute Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Absolute's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Prudential Absolute Return, and traders can use it to determine the average amount a Prudential Absolute's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0881
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| PADZX |
Based on monthly moving average Prudential Absolute is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Prudential Absolute by adding it to a well-diversified portfolio.
Prudential Absolute Fundamentals Growth
Prudential Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Prudential Absolute, and Prudential Absolute fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Prudential Mutual Fund performance.
| Total Asset | 854.98 M | ||||
About Prudential Absolute Performance
Evaluating Prudential Absolute's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Prudential Absolute has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Prudential Absolute has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its investable assets in debt securities andor investments that provide exposure to bonds. It may invest up to 50 percent of its total assets in debt securities that are rated below investment grade or, if unrated, of comparable quality at the time of purchase as determined by the funds subadviser.Things to note about Prudential Absolute performance evaluation
Checking the ongoing alerts about Prudential Absolute for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Prudential Absolute help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 46.14% of its assets in cash |
- Analyzing Prudential Absolute's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Prudential Absolute's stock is overvalued or undervalued compared to its peers.
- Examining Prudential Absolute's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Prudential Absolute's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prudential Absolute's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Prudential Absolute's mutual fund. These opinions can provide insight into Prudential Absolute's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Prudential Mutual Fund
Prudential Absolute 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 Absolute security.
| CEOs Directory Screen CEOs from public companies around the world | |
| Stocks Directory Find actively traded stocks across global markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |