Prudential Global Five Year Return vs. Three Year Return
PGRQX Fund | USD 20.87 0.19 0.92% |
For Prudential Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prudential Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prudential Global Real utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prudential Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prudential Global Real over time as well as its relative position and ranking within its peers.
Prudential |
Prudential Global Real Three Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prudential Global's current stock value. Our valuation model uses many indicators to compare Prudential Global value to that of its competitors to determine the firm's financial worth. Prudential Global Real is rated top fund in five year return among similar funds. It also is rated top fund in three year return among similar funds . 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 Global's earnings, one of the primary drivers of an investment's value.Prudential Three Year Return vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Prudential Global |
| = | 2.32 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Prudential Global |
| = | (2.39) % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Prudential Three Year Return Comparison
Prudential Global is currently under evaluation in three year return among similar funds.
Prudential Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prudential Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prudential Global will eventually generate negative long term returns. The profitability progress is the general direction of Prudential Global's change in net profit over the period of time. It can combine multiple indicators of Prudential 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.
The fund normally invests at least 80 percent of its investable assets in equity-related securities of real estate companies, principally real estate investment trusts , and other real estate securities. Equity-related securities may also include common stock, convertible securities, nonconvertible preferred stock, American Depositary Receipts , warrants and other rights that can be exercised to obtain stock, investments in various types of business ventures and similar securities.
Prudential Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prudential 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 Prudential 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 Prudential Global's important profitability drivers and their relationship over time.
Use Prudential 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 Prudential 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 Prudential Global will appreciate offsetting losses from the drop in the long position's value.Prudential Global Pair Trading
Prudential Global Real Pair Trading Analysis
The ability to find closely correlated positions to Prudential 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 Prudential 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 Prudential 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 Prudential Global Real to buy it.
The correlation of Prudential 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 Prudential Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential Global Real 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 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.Use Investing Themes to Complement your Prudential Global position
In addition to having Prudential 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 Recycling Thematic Idea Now
Recycling
West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 39 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 Recycling Theme or any other thematic opportunities.
View All Next | Launch |
Other Information on Investing in Prudential Mutual Fund
To fully project Prudential Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prudential Global Real 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 Global's income statement, its balance sheet, and the statement of cash flows.
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |