Pgim Global Price To Earning vs. Annual Yield

GHY Fund  USD 12.70  0.09  0.71%   
Taking into consideration Pgim Global's profitability measurements, Pgim Global High may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Pgim Global's ability to earn profits and add value for shareholders.
For Pgim Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pgim Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pgim Global High utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pgim Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pgim Global High over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Pgim Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pgim Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pgim Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pgim Global High Annual Yield vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pgim Global's current stock value. Our valuation model uses many indicators to compare Pgim Global value to that of its competitors to determine the firm's financial worth.
Pgim Global High is rated below average in price to earning among similar funds. It is rated below average in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Pgim Global High is about  3,282 . 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 Pgim Global's earnings, one of the primary drivers of an investment's value.

Pgim Annual Yield vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Pgim Global

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
20.02 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Pgim Global

Yield

 = 

Income from Security

Current Share Price

 = 
0.01 %
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.

Pgim Annual Yield Comparison

Pgim Global is currently under evaluation in annual yield among similar funds.

Pgim Global Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pgim Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pgim Global will eventually generate negative long term returns. The profitability progress is the general direction of Pgim Global's change in net profit over the period of time. It can combine multiple indicators of Pgim Global, 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.
PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moodys Investors Service, Inc. or BB or lower by Standard Poors Ratings Services. It seeks to maintain a weighted average maturity of five years or less. PGIM Global Short Duration High Yield Fund, Inc. was formed on December 26, 2012 and is domiciled in the United States.

Pgim Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Pgim Global. 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 Pgim Global 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 Pgim Global's important profitability drivers and their relationship over time.

Use Pgim Global 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 Pgim Global 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 Pgim Global will appreciate offsetting losses from the drop in the long position's value.

Pgim Global Pair Trading

Pgim Global High Pair Trading Analysis

The ability to find closely correlated positions to Pgim Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pgim Global 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 Pgim Global - 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 Pgim Global High to buy it.
The correlation of Pgim Global 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 Pgim Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pgim Global High 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 Pgim Global 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Pgim Global position

In addition to having Pgim Global 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 Machinery Thematic Idea Now

Machinery
Machinery Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 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 Machinery Theme or any other thematic opportunities.
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Other Information on Investing in Pgim Fund

To fully project Pgim Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pgim Global High 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 Pgim Global's income statement, its balance sheet, and the statement of cash flows.
Potential Pgim Global investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Pgim Global investors may work on each financial statement separately, they are all related. The changes in Pgim Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pgim Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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