Prudential Short-term Year To Date Return vs. Ten Year Return
| JDTRX Fund | USD 10.58 0.01 0.09% |
For Prudential Short-term profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prudential Short-term to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prudential Short Term Porate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prudential Short-term's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prudential Short Term Porate over time as well as its relative position and ranking within its peers.
Prudential |
Prudential Short Term Ten Year Return vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prudential Short-term's current stock value. Our valuation model uses many indicators to compare Prudential Short-term value to that of its competitors to determine the firm's financial worth. Prudential Short Term Porate is currently considered the top fund in year to date return among similar funds. It also is currently considered the top fund in ten year return among similar funds reporting about 0.57 of Ten Year Return per Year To Date Return. The ratio of Year To Date Return to Ten Year Return for Prudential Short Term Porate is roughly 1.75 . 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 Short-term's earnings, one of the primary drivers of an investment's value.Prudential Ten Year Return vs. Year To Date Return
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 Short-term |
| = | 4.09 % |
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.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Prudential Short-term |
| = | 2.34 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Prudential Ten Year Return Comparison
Prudential Short is currently under evaluation in ten year return among similar funds.
Prudential Short-term Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prudential Short-term, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prudential Short-term will eventually generate negative long term returns. The profitability progress is the general direction of Prudential Short-term's change in net profit over the period of time. It can combine multiple indicators of Prudential Short-term, 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 invests, under normal circumstances, at least 80 percent of its investable assets in bonds of corporations with varying maturities. For purposes of this policy, bonds include all fixed income securities, other than preferred stock, and corporations include all private issuers. The effective duration of the funds portfolio is generally less than three years.
Prudential Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prudential Short-term. 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 Short-term 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 Short-term's important profitability drivers and their relationship over time.
Use Prudential Short-term 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 Short-term 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 Short-term will appreciate offsetting losses from the drop in the long position's value.Prudential Short-term Pair Trading
Prudential Short Term Porate Pair Trading Analysis
The ability to find closely correlated positions to Prudential Short-term 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 Short-term 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 Short-term - 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 Short Term Porate to buy it.
The correlation of Prudential Short-term 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 Short-term moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential Short Term 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 Short-term 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 Short-term position
In addition to having Prudential Short-term 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 Corona Opportunity Thematic Idea Now
Corona Opportunity
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 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 Corona Opportunity Theme or any other thematic opportunities.
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Other Information on Investing in Prudential Mutual Fund
To fully project Prudential Short-term's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prudential Short Term 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 Short-term's income statement, its balance sheet, and the statement of cash flows.
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