Pgim High Yield Fund Alpha and Beta Analysis
| ISD Fund | USD 13.76 0.06 0.43% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pgim High Yield. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pgim High over a specified time horizon. Remember, high Pgim High's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Pgim High's market risk premium analysis include:
Beta 0.32 | Alpha (0.02) | Risk 0.71 | Sharpe Ratio 0.0523 | Expected Return 0.0369 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Pgim |
Pgim High Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pgim High market risk premium is the additional return an investor will receive from holding Pgim High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pgim High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Pgim High's performance over market.| α | -0.02 | β | 0.32 |
Pgim High expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Pgim High's Buy-and-hold return. Our buy-and-hold chart shows how Pgim High performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Pgim High Market Price Analysis
Market price analysis indicators help investors to evaluate how Pgim High fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pgim High shares will generate the highest return on investment. By understating and applying Pgim High fund market price indicators, traders can identify Pgim High position entry and exit signals to maximize returns.
Pgim High Return and Market Media
The median price of Pgim High for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 13.76 with a coefficient of variation of 1.23. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 13.74, and mean deviation of 0.14. The Fund received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Austin ISD settles lawsuit over delayed special ed evaluations, creates fund for affected students - KUT | 09/05/2024 |
2 | NE auditor criticizes Chase County public school district for using lunch funds on gym scoreboards - News From The States | 09/26/2024 |
3 | Voters Approve Tax Increases to Fund Public Schools, Day Care for Low-Income Families - Austin Chronicle | 11/08/2024 |
4 | Audit shows ISD 318s general fund balance is in compliance for the first time in 5 years - Herald Review | 11/20/2024 |
About Pgim High Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Pgim or other funds. Alpha measures the amount that position in Pgim High Yield has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pgim High in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pgim High's short interest history, or implied volatility extrapolated from Pgim High options trading.
Build Portfolio with Pgim High
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Other Information on Investing in Pgim Fund
Pgim High financial ratios help investors to determine whether Pgim Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pgim with respect to the benefits of owning Pgim High security.
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