Prudential High Financials
| PBHAX Fund | USD 4.64 0.01 0.22% |
Prudential |
Please note that past performance is not an indicator of the future performance of Prudential High, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Prudential High Fund Summary
Prudential High competes with Prudential Jennison, Prudential Jennison, Prudential Jennison, Prudential Emerging, and Prudential Emerging. The fund normally invests at least 80 percent of its investable assets in a diversified portfolio of high yield fixed-income instruments rated Ba or lower by Moodys Investors Service or BB or lower by SP Global Ratings , and instruments either comparably rated by another nationally recognized statistical rating organization , or considered to be of comparable quality, that is, junk bonds.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US74440Y1082 |
| Business Address | Dryden High Yield |
| Mutual Fund Family | PGIM Investments |
| Mutual Fund Category | High Yield Bond |
| Benchmark | NYSE Composite |
| Phone | 800 225 1852 |
| Currency | USD - US Dollar |
You should never invest in Prudential High Yield without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Prudential Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Prudential High's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Prudential High Key Financial Ratios
Generally speaking, Prudential High's financial ratios allow both analysts and investors to convert raw data from Prudential High's financial statements into concise, actionable information that can be used to evaluate the performance of Prudential High over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Prudential High Yield reports annually and quarterly.Prudential Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prudential High's current stock value. Our valuation model uses many indicators to compare Prudential High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prudential High competition to find correlations between indicators driving Prudential High's intrinsic value. More Info.Prudential High Yield is rated top fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 7.47 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Prudential High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prudential High's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 High's earnings, one of the primary drivers of an investment's value.Prudential High Yield Systematic Risk
Prudential High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prudential High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Prudential High Yield correlated with the market. If Beta is less than 0 Prudential High generally moves in the opposite direction as compared to the market. If Prudential High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prudential High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prudential High is generally in the same direction as the market. If Beta > 1 Prudential High moves generally in the same direction as, but more than the movement of the benchmark.
Prudential High April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prudential High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prudential High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prudential High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Prudential Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prudential High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3845 | |||
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 1.51 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.2174 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Prudential High Yield information on this page should be used as a complementary analysis to other Prudential High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.