PGIM Active Valuation
| PHYL Etf | USD 35.11 0.04 0.11% |
At this time, the etf appears to be fairly valued. PGIM Active High holds a recent Real Value of $35.03 per share. The prevailing price of the etf is $35.11. Our model determines the value of PGIM Active High from evaluating the etf fundamentals such as number of employees of 534, and One Year Return of 10.40 % as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that PGIM Active's price fluctuation is very steady at this time. Calculation of the real value of PGIM Active High is based on 3 months time horizon. Increasing PGIM Active's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the PGIM etf is determined by what a typical buyer is willing to pay for full or partial control of PGIM Active High. Since PGIM Active is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PGIM Etf. However, PGIM Active's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 35.11 | Real 35.03 | Hype 35.11 |
The intrinsic value of PGIM Active's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence PGIM Active's stock price.
Estimating the potential upside or downside of PGIM Active High helps investors to forecast how PGIM etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of PGIM Active more accurately as focusing exclusively on PGIM Active's fundamentals will not take into account other important factors: About PGIM Active Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of PGIM Active High. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of PGIM Active High based exclusively on its fundamental and basic technical indicators. By analyzing PGIM Active's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of PGIM Active's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of PGIM Active. We calculate exposure to PGIM Active's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of PGIM Active's related companies.Under normal market conditions, the fund invests at least 80 percent of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments with similar economic characteristics. PGIM Active is traded on NYSEARCA Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGIM Active High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of PGIM Active High is measured differently than its book value, which is the value of PGIM that is recorded on the company's balance sheet. Investors also form their own opinion of PGIM Active's value that differs from its market value or its book value, called intrinsic value, which is PGIM Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PGIM Active's market value can be influenced by many factors that don't directly affect PGIM Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PGIM Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGIM Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.