EMDAX Mutual Fund Buy Hold or Sell Recommendation

EMDAX -  USA Fund  

USD 5.30  0.02  0.38%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding PGIM Emerging Markets is 'Cautious Hold'. Macroaxis provides PGIM Emerging buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EMDAX positions. The advice algorithm takes into account all of PGIM Emerging's available fundamental, technical, and predictive indicators you will find on this site.

EMDAX Advice 

 
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The advice is provided from PGIM Emerging's buy-and-hold perspective. Continue to PGIM Emerging Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as EMDAX and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards PGIM Emerging Markets.

Execute PGIM Emerging Buy or Sell Advice

The EMDAX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on PGIM Emerging Markets. Macroaxis does not own or have any residual interests in PGIM Emerging Markets or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute PGIM Emerging's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell PGIM EmergingBuy PGIM Emerging
Cautious Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon PGIM Emerging Markets has a Mean Deviation of 0.2772, Standard Deviation of 0.3456 and Variance of 0.1194
We provide trade recommendations to complement the recent expert consensus on PGIM Emerging Markets. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available today. Please employ PGIM Emerging three year return and cash position weight to make buy, hold, or sell decision on PGIM Emerging Markets.

PGIM Emerging Trading Alerts and Improvement Suggestions

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

PGIM Emerging Returns Distribution Density

The distribution of PGIM Emerging's historical returns is an attempt to chart the future uncertainty of PGIM Emerging's future price movements. The chart of the probability distribution of PGIM Emerging stock daily returns describes the distribution of returns around its average expected value. We use PGIM Emerging Markets price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of PGIM Emerging returns is essential to provide solid investment advice for PGIM Emerging stock.
Mean Return-0.06Value At Risk-0.56
Potential Upside0.56Standard Deviation0.35
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of PGIM Emerging historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

PGIM Emerging Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to PGIM Emerging or PGIM Funds (Prudential) sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that PGIM Emerging stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EMDAX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.07
β
Beta against DOW-0.03
σ
Overall volatility
0.38
Ir
Information ratio 0.0112

PGIM Emerging Volatility Alert

PGIM Emerging Markets exhibits very low volatility with skewness of 0.15 and kurtosis of -0.39. However, we advise investors to further study PGIM Emerging Markets technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure PGIM Emerging's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact PGIM Emerging's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

PGIM Emerging Implied Volatility

PGIM Emerging's implied volatility exposes the market's sentiment of PGIM Emerging Markets stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if PGIM Emerging's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that PGIM Emerging stock will not fluctuate a lot when PGIM Emerging's options are near their expiration.

PGIM Emerging Fundamentals Vs Peers

Comparing PGIM Emerging's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze PGIM Emerging's direct or indirect competition across all of the common fundamentals between PGIM Emerging and the related equities. This way, we can detect undervalued stocks with similar characteristics as PGIM Emerging or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of PGIM Emerging's fundamental indicators could also be used in its relative valuation, which is a method of valuing PGIM Emerging by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare PGIM Emerging to competition
FundamentalsPGIM EmergingPeer Average
One Year Return1.89 %4.15 %
Three Year Return0.40 %3.60 %
Five Year Return1.25 %3.24 %
Net Asset61.72 M4.11 B
Minimum Initial Investment1 K976.16 K
Last Dividend Paid0.020.65
Cash Position Weight58.88 %10.61 %
Bond Positions Weight16.97 %11.24 %

PGIM Emerging Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EMDAX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power9223.4 B
Rate Of Daily Change1.0
Day Median Price5.3
Day Typical Price5.3
Price Action Indicator0.01

About PGIM Emerging Buy or Sell Advice

When is the right time to buy or sell PGIM Emerging Markets? Buying financial instruments such as EMDAX Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although PGIM Emerging investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having PGIM Emerging in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Oil And Gas Thematic Idea Now

Oil And Gas
Oil And Gas Theme
Companies involved in drilling, production, and distribution of oil and gas pipelines. Oil And Gas theme has 20 constituents.
View All  Next Launch Oil And Gas
Continue to PGIM Emerging Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.