EMDAX Mutual Fund Quote

EMDAX -  USA Fund  

USD 5.30  0.03  0.56%

Market Performance
0 of 100
Odds Of Distress
Less than 2
PGIM Emerging is trading at 5.30 as of the 26th of January 2022; that is -0.56 percent decrease since the beginning of the trading day. The fund's open price was 5.33. PGIM Emerging has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for PGIM Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of December 2021 and ending today, the 26th of January 2022. Click here to learn more.
The investment seeks total return, through a combination of current income and capital appreciation. PGIM Emerging is traded on NASDAQ Exchange in the United States.. More on PGIM Emerging Markets

PGIM Emerging Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. PGIM Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PGIM Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PGIM Emerging generated a negative expected return over the last 90 days
PGIM Emerging is unlikely to experience financial distress in the next 2 years
The fund retains about 58.88% of its assets under management (AUM) in cash
Legal NamePGIM Emerging Markets
Thematic Classification
Currently Active Investing Idea (view all)
  Currency
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of PGIM Emerging's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Beta In Three Year0.95
Startdate30th of March 2011
PGIM Emerging Markets [EMDAX] is traded in USA and was established 26th of January 2022. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of PGIM Funds (Prudential) family. The entity is thematically classified as Currency. PGIM Emerging Markets currently has accumulated 61.72 M in assets under management (AUM) with minimum initial investment of 1 K. , while the total return for the last 3 years was 0.4%.
Check PGIM Emerging Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on EMDAX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PGIM Emerging , and the less return is expected.

PGIM Emerging Target Price Odds Analysis

What are PGIM Emerging's target price odds to finish over the current price? Based on a normal probability distribution, the odds of PGIM Emerging jumping above the current price in 90 days from now is about 67.16%. The PGIM Emerging Markets probability density function shows the probability of PGIM Emerging mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon PGIM Emerging Markets has a beta of -0.034 suggesting as returns on benchmark increase, returns on holding PGIM Emerging are expected to decrease at a much lower rate. During the bear market, however, PGIM Emerging Markets is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. PGIM Emerging Markets is significantly underperforming DOW.
 Odds Down 5.3HorizonTargetOdds Up 5.3 
32.10%90 days
 5.30 
67.16%
Based on a normal probability distribution, the odds of PGIM Emerging to move above the current price in 90 days from now is about 67.16 (This PGIM Emerging Markets probability density function shows the probability of EMDAX Mutual Fund to fall within a particular range of prices over 90 days) .

PGIM Emerging Markets Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. PGIM Emerging market risk premium is the additional return an investor will receive from holding PGIM Emerging 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 Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PGIM Emerging's alpha and beta are two of the key measurements used to evaluate PGIM Emerging's performance over the market, the standard measures of volatility play an important role as well.

PGIM Emerging Against Markets

Picking the right benchmark for PGIM Emerging mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PGIM Emerging mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PGIM Emerging is critical whether you are bullish or bearish towards PGIM Emerging Markets at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PGIM Emerging without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Investing Opportunities. Note that the PGIM Emerging Markets information on this page should be used as a complementary analysis to other PGIM Emerging'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for EMDAX Mutual Fund analysis

When running PGIM Emerging Markets price analysis, check to measure PGIM Emerging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PGIM Emerging is operating at the current time. Most of PGIM Emerging's value examination focuses on studying past and present price action to predict the probability of PGIM Emerging's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PGIM Emerging's price. Additionally, you may evaluate how the addition of PGIM Emerging to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between PGIM Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine PGIM Emerging value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM Emerging'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.