The fund holds Beta of -0.0331 which implies as returns on market increase, returns on owning PGIM Global are expected to decrease at a much smaller rate. During bear market, PGIM Global is likely to outperform the market. Although it is extremely important to respect PGIM Global Total current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The way of forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating PGIM Global Total technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
PGIM Global Total Relative Risk vs. Return LandscapeIf you would invest 109,433 in PGIM Global Total Return CAD Acc on December 19, 2018 and sell it today you would earn a total of 0.00 from holding PGIM Global Total Return CAD Acc or generate 0.0% return on investment over 30 days. PGIM Global Total Return CAD Acc is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than PGIM Global and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PGIM Global Current Valuation
PGIM Global is Unknown risk asset. PGIM Global Total recent Real Value cannot be determined due to lack of data. The prevailing price of PGIM Global Total is C$1094.33. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of PGIM Global Total from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since in the future stocks prices and their ongoing real values will merge together.
PGIM Global Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days PGIM Global Total Return CAD Acc has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||985.8920|
|Fifty Two Week High||985.8920|