Pgim Short Duration Etf Performance
| PSH Etf | 50.44 0.07 0.14% |
The etf holds a Beta of 0.0334, which implies not very significant fluctuations relative to the market. As returns on the market increase, PGIM Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding PGIM Short is expected to be smaller as well.
Risk-Adjusted Performance
OK
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Compared to the overall equity markets, risk-adjusted returns on investments in PGIM Short Duration are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, PGIM Short is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
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PGIM Short Relative Risk vs. Return Landscape
If you would invest 4,978 in PGIM Short Duration on November 9, 2024 and sell it today you would earn a total of 66.00 from holding PGIM Short Duration or generate 1.33% return on investment over 90 days. PGIM Short Duration is generating 0.0225% of daily returns assuming volatility of 0.167% on return distribution over 90 days investment horizon. In other words, 1% of etfs are less volatile than PGIM, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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PGIM Short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PGIM Short's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as PGIM Short Duration, and traders can use it to determine the average amount a PGIM Short'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 = 0.1346
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| Negative Returns | PSH |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average PGIM Short is performing at about 10% 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 PGIM Short by adding it to a well-diversified portfolio.
About PGIM Short Performance
By evaluating PGIM Short's fundamental ratios, stakeholders can gain valuable insights into PGIM Short's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PGIM Short 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 PGIM Short 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.