Pgim High Yield Fund Technical Analysis
| PHYEX Fund | USD 4.82 0.01 0.21% |
As of the 26th of November, Pgim High holds the Standard Deviation of 0.1872, risk adjusted performance of 0.0999, and Downside Deviation of 0.239. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pgim High, as well as the relationship between them.
Pgim High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pgim, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PgimPgim |
Pgim High technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Pgim High Yield Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Pgim High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pgim High Yield Trend Analysis
Use this graph to draw trend lines for Pgim High Yield. You can use it to identify possible trend reversals for Pgim High as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Pgim High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pgim High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pgim High Yield applied against its price change over selected period. The best fit line has a slop of 0.0005 , which means Pgim High Yield will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Pgim High price change compared to its average price change.About Pgim High Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Pgim High Yield on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Pgim High Yield based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Pgim High Yield price pattern first instead of the macroeconomic environment surrounding Pgim High Yield. By analyzing Pgim High's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Pgim High's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Pgim High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Pgim High November 26, 2024 Technical Indicators
Most technical analysis of Pgim help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pgim from various momentum indicators to cycle indicators. When you analyze Pgim charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0999 | |||
| Market Risk Adjusted Performance | 0.285 | |||
| Mean Deviation | 0.1343 | |||
| Downside Deviation | 0.239 | |||
| Coefficient Of Variation | 585.96 | |||
| Standard Deviation | 0.1872 | |||
| Variance | 0.035 | |||
| Information Ratio | (0.53) | |||
| Jensen Alpha | 0.0123 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | 0.275 | |||
| Maximum Drawdown | 1.05 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.4149 | |||
| Downside Variance | 0.0571 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.28) | |||
| Skewness | 0.6377 | |||
| Kurtosis | 1.11 |
Other Information on Investing in Pgim Mutual Fund
Pgim High financial ratios help investors to determine whether Pgim Mutual 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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