Prudential Real Estate Fund Quote
| PRKAX Fund | USD 6.43 0.06 0.92% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Prudential Real is trading at 6.43 as of the 18th of April 2024; that is -0.92 percent decrease since the beginning of the trading day. The fund's open price was 6.49. Prudential Real has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Prudential Real Estate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing primarily in real estate securities that the subadviser believes offer the potential for income. It normally invests at least 80 percent of its investable assets in equity and equity-related securities of real estate companies, principally real estate investment trusts , and other real estate securities. More on Prudential Real Estate
Moving together with Prudential Mutual Fund
| 0.61 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
Prudential 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. Prudential Real's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Prudential Real or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Realty Funds (View all Themes) |
| Fund Concentration | PGIM Investments Funds, Large Funds, Real Estate Funds, Realty Funds, Real Estate, PGIM Investments, Large, Real Estate (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 15th of February 2023 |
| Fiscal Year End | October |
Prudential Real Estate [PRKAX] is traded in USA and was established 18th of April 2024. Prudential Real is listed under PGIM Investments category by Fama And French industry classification. The fund is listed under Real Estate category and is part of PGIM Investments family. The entity is thematically classified as Realty Funds. This fund at this time has accumulated 25.61 M in assets with no minimum investment requirementsPrudential Real Estate is currently producing year-to-date (YTD) return of 10.5% with the current yeild of 0.04%, while the total return for the last 3 years was -0.82%.
Check Prudential Real Probability Of Bankruptcy
Instrument Allocation
Top Prudential Real Estate Mutual Fund Constituents
| GLPI | Gaming Leisure Properties | Stock | Real Estate |
| PK | Park Hotels Resorts | Stock | Real Estate |
| FCPT | Four Corners Property | Stock | Real Estate |
| MAC | Macerich Company | Stock | Real Estate |
| WELL | Welltower | Stock | Real Estate |
| CHCT | Community Healthcare Trust | Stock | Real Estate |
| SVC | Service Properties Trust | Stock | Real Estate |
Prudential Real Target Price Odds Analysis
Based on a normal probability distribution, the odds of Prudential Real jumping above the current price in 90 days from now is about 98.0%. The Prudential Real Estate probability density function shows the probability of Prudential Real mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Prudential Real Estate has a beta of -0.0301 indicating as returns on the benchmark increase, returns on holding Prudential Real are expected to decrease at a much lower rate. During a bear market, however, Prudential Real Estate is likely to outperform the market. Additionally, prudential Real Estate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Prudential Real to move above the current price in 90 days from now is about 98.0 (This Prudential Real Estate probability density function shows the probability of Prudential Mutual Fund to fall within a particular range of prices over 90 days) .
Prudential Real Estate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Prudential Real market risk premium is the additional return an investor will receive from holding Prudential Real 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 Prudential Real. 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 Prudential Real's alpha and beta are two of the key measurements used to evaluate Prudential Real's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7195 | |||
| Standard Deviation | 0.9496 | |||
| Variance | 0.9018 | |||
| Risk Adjusted Performance | (0.05) |
Prudential Real Against Markets
Picking the right benchmark for Prudential Real 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 Prudential Real 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 Prudential Real is critical whether you are bullish or bearish towards Prudential Real Estate at a given time. Please also check how Prudential Real's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Prudential Real without increasing your portfolio risk or giving up the 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.Did you try this?
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How to buy Prudential Mutual Fund?
Before investing in Prudential Real, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Prudential Real. To buy Prudential Real fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Prudential Real. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Prudential Real fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Prudential Real Estate fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Prudential Real Estate fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Prudential Real Estate, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Prudential Real Estate?
The danger of trading Prudential Real Estate is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Prudential Real is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Prudential Real. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Prudential Real Estate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Real Estate. 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 Real Estate information on this page should be used as a complementary analysis to other Prudential Real'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .