Prudential Qma Strategic Fund Quote
| SUVZX Fund | USD 13.17 0.04 0.30% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Prudential Qma is trading at 13.17 as of the 19th of April 2024; that is 0.30% increase since the beginning of the trading day. The fund's open price was 13.13. Prudential Qma has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Prudential Qma Strategic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2023 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests in a diversified portfolio of large-capitalization company stocks that the subadviser believes are attractively priced when evaluated using quantitative measures such as PE, PCF, and PB ratios. Although the strategy emphasizes attractive valuations, the subadviser also considers other quantifiable characteristics. More on Prudential Qma Strategic
Moving together with Prudential Mutual Fund
| 0.77 | PWJZX | Prudential Jennison | PairCorr |
| 0.77 | PWJAX | Prudential Jennison | PairCorr |
| 0.76 | PWJCX | Prudential Jennison | PairCorr |
| 0.89 | HYSZX | Prudential Short Duration | PairCorr |
| 0.91 | HYSAX | Prudential Short Duration | PairCorr |
| 0.89 | HYSCX | Prudential Short Duration | 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 Qma's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Prudential Qma or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | PGIM Investments Funds, Large Funds, Large Value Funds, Large Value, PGIM Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of April 2023 |
| Fiscal Year End | February |
Prudential Qma Strategic [SUVZX] is traded in USA and was established 19th of April 2024. Prudential Qma is listed under PGIM Investments category by Fama And French industry classification. The fund is listed under Large Value category and is part of PGIM Investments family. This fund at this time has accumulated 305.23 M in assets with no minimum investment requirementsPrudential Qma Strategic is currently producing year-to-date (YTD) return of 4.06% with the current yeild of 0.01%, while the total return for the last 3 years was 4.91%.
Check Prudential Qma 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 Prudential 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 Prudential Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Prudential Qma Strategic Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Prudential Qma Strategic Mutual Fund Constituents
| WMT | Walmart | Stock | Consumer Staples |
| CVS | CVS Health Corp | Stock | Health Care |
| PNC | PNC Financial Services | Stock | Financials |
| JPM | JPMorgan Chase Co | Stock | Financials |
| XOM | Exxon Mobil Corp | Stock | Energy |
| WFC | Wells Fargo | Stock | Financials |
| VZ | Verizon Communications | Stock | Communication Services |
Prudential Qma Target Price Odds Analysis
Based on a normal probability distribution, the odds of Prudential Qma jumping above the current price in 90 days from now is about 48.15%. The Prudential Qma Strategic probability density function shows the probability of Prudential Qma mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Prudential Qma has a beta of 0.9971. This usually implies Prudential Qma Strategic market returns are sensitive to returns on the market. As the market goes up or down, Prudential Qma is expected to follow. Additionally, prudential Qma Strategic has an alpha of 0.0061, implying that it can generate a 0.006142 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Prudential Qma to move above the current price in 90 days from now is about 48.15 (This Prudential Qma Strategic probability density function shows the probability of Prudential Mutual Fund to fall within a particular range of prices over 90 days) .
Prudential Qma Strategic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Prudential Qma market risk premium is the additional return an investor will receive from holding Prudential Qma 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 Qma. 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 Qma's alpha and beta are two of the key measurements used to evaluate Prudential Qma's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5289 | |||
| Semi Deviation | 0.7576 | |||
| Standard Deviation | 0.7372 | |||
| Variance | 0.5434 |
Prudential Qma Against Markets
Picking the right benchmark for Prudential Qma 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 Qma 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 Qma is critical whether you are bullish or bearish towards Prudential Qma Strategic at a given time. Please also check how Prudential Qma'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 Qma 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?
Run Premium Stories Now
Premium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
| All Next | Launch Module |
How to buy Prudential Mutual Fund?
Before investing in Prudential Qma, 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 Qma. To buy Prudential Qma fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Prudential Qma. 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 Qma fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Prudential Qma Strategic 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 Qma Strategic 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 Qma Strategic, 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 Qma Strategic?
The danger of trading Prudential Qma Strategic 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 Qma 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 Qma. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Prudential Qma Strategic 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Prudential Qma Strategic. 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 Qma Strategic information on this page should be used as a complementary analysis to other Prudential Qma'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 Stocks Directory module to find actively traded stocks across global markets.