Prudential Floating Bond Positions Weight vs. Year To Date Return
| FRFCX Fund | USD 9.15 0.01 0.11% |
For Prudential Floating profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prudential Floating to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prudential Floating Rate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prudential Floating's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prudential Floating Rate over time as well as its relative position and ranking within its peers.
Prudential |
Prudential Floating Rate Year To Date Return vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prudential Floating's current stock value. Our valuation model uses many indicators to compare Prudential Floating value to that of its competitors to determine the firm's financial worth. Prudential Floating Rate is one of the top funds in bond positions weight among similar funds. It also is one of the top funds in year to date return among similar funds creating about 0.23 of Year To Date Return per Bond Positions Weight. The ratio of Bond Positions Weight to Year To Date Return for Prudential Floating Rate is roughly 4.40 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Prudential Floating's earnings, one of the primary drivers of an investment's value.Prudential Year To Date Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Prudential Floating |
| = | 31.07 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Prudential Floating |
| = | 7.06 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Prudential Year To Date Return Comparison
Prudential Floating is currently under evaluation in year to date return among similar funds.
Prudential Floating Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prudential Floating, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prudential Floating will eventually generate negative long term returns. The profitability progress is the general direction of Prudential Floating's change in net profit over the period of time. It can combine multiple indicators of Prudential Floating, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund will invest at least 80 percent of its investable assets in floating rate loans and other floating rate debt securities. It may invest up to 20 percent of its total assets in senior loans that are not secured by any specific collateral. The fund may invest up to 25 percent of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies.
Prudential Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prudential Floating. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Prudential Floating position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Prudential Floating's important profitability drivers and their relationship over time.
Use Prudential Floating in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prudential Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prudential Floating will appreciate offsetting losses from the drop in the long position's value.Prudential Floating Pair Trading
Prudential Floating Rate Pair Trading Analysis
The ability to find closely correlated positions to Prudential Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prudential Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prudential Floating Rate to buy it.
The correlation of Prudential Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prudential Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prudential Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Prudential Floating position
In addition to having Prudential Floating in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alternative Energy Theme or any other thematic opportunities.
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Other Information on Investing in Prudential Mutual Fund
To fully project Prudential Floating's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prudential Floating Rate at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Prudential Floating's income statement, its balance sheet, and the statement of cash flows.
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