Prudential High Yield Fund Manager Performance Evaluation
| PHYQX Fund | USD 4.83 0.01 0.21% |
The fund holds a Beta of 0.0204, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential High is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Prudential High Yield are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Prudential High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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| Expense Ratio | 0.3800 |
Prudential |
Prudential High Relative Risk vs. Return Landscape
If you would invest 475.00 in Prudential High Yield on August 31, 2024 and sell it today you would earn a total of 8.00 from holding Prudential High Yield or generate 1.68% return on investment over 90 days. Prudential High Yield is currently producing 0.0267% returns and takes up 0.1691% volatility of returns over 90 trading days. Put another way, 1% 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 High Current Valuation
Overvalued
Today
Please note that Prudential High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Prudential High Yield holds a recent Real Value of $4.44 per share. The prevailing price of the fund is $4.83. We determine the value of Prudential High Yield 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 High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Prudential Mutual Fund. However, Prudential High'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 4.83 | Real 4.44 | Hype 4.83 | Naive 4.81 |
The intrinsic value of Prudential High'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 High'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 High Yield 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 High more accurately as focusing exclusively on Prudential High's fundamentals will not take into account other important factors: Prudential High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Prudential High Yield, and traders can use it to determine the average amount a Prudential High'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 = 0.1576
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PHYQX |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Prudential High is performing at about 12% 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 High by adding it to a well-diversified portfolio.
Prudential High Fundamentals Growth
Prudential Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Prudential High, and Prudential High 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 | 22.71 B | |||
About Prudential High Performance
Evaluating Prudential High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Prudential High 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 High 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 normally invests at least 80 percent of its investable assets in a diversified portfolio of high yield fixed-income instruments rated Ba or lower by Moodys Investors Service or BB or lower by SP Global Ratings , and instruments either comparably rated by another nationally recognized statistical rating organization , or considered to be of comparable quality, that is, junk bonds.Things to note about Prudential High Yield performance evaluation
Checking the ongoing alerts about Prudential High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Prudential High Yield 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 13.34% of its assets in bonds |
- Analyzing Prudential High'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 High's stock is overvalued or undervalued compared to its peers.
- Examining Prudential High'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 High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prudential High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Prudential High's mutual fund. These opinions can provide insight into Prudential High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Prudential Mutual Fund
Prudential High 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 High security.
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