Prudential Cash Position Weight vs. Year To Date Return
| TPCQX Fund | USD 8.74 0.02 0.23% |
For Prudential profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prudential to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prudential E Bond utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prudential's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prudential E Bond over time as well as its relative position and ranking within its peers.
Prudential |
Prudential E Bond Year To Date Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prudential's current stock value. Our valuation model uses many indicators to compare Prudential value to that of its competitors to determine the firm's financial worth. Prudential E Bond is rated top fund in cash position weight among similar funds. It also is rated top fund in year to date return among similar funds creating about 1.30 of Year To Date Return per Cash Position Weight. 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's earnings, one of the primary drivers of an investment's value.Prudential Year To Date Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Prudential |
| = | 3.33 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically 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 |
| = | 4.34 % |
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 is currently under evaluation in year to date return among similar funds.
Prudential Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prudential, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prudential will eventually generate negative long term returns. The profitability progress is the general direction of Prudential's change in net profit over the period of time. It can combine multiple indicators of Prudential, 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 the funds investable assets in bonds. For purposes of this policy, bonds include all fixed-income securities, including but not limited to debt obligations issued by the U.S. government and its agencies, corporate debt securities, mortgage-related securities, and asset-backed securities. It invests in securities that are rated investment-grade at the time of purchase.
Prudential Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prudential. 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 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's important profitability drivers and their relationship over time.
Use Prudential 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 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 will appreciate offsetting losses from the drop in the long position's value.Prudential Pair Trading
Prudential E Bond Pair Trading Analysis
The ability to find closely correlated positions to Prudential 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 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 - 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 E Bond to buy it.
The correlation of Prudential 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential E Bond 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 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 position
In addition to having Prudential 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 Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 37 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 Beers Theme or any other thematic opportunities.
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Other Information on Investing in Prudential Mutual Fund
To fully project Prudential's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prudential E Bond 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's income statement, its balance sheet, and the statement of cash flows.
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