EMDAX Fundamentals

EMDAX -  USA Fund  

USD 4.62  0.02  0.43%

PGIM Emerging Markets fundamentals help investors to digest information that contributes to PGIM Emerging's financial success or failures. It also enables traders to predict the movement of EMDAX Mutual Fund. The fundamental analysis module provides a way to measure PGIM Emerging's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PGIM Emerging mutual fund. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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EMDAX Five Year Return Analysis

PGIM Emerging's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Five Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
More About Five Year Return | All Equity Analysis

Current PGIM Emerging Five Year Return

    
  1.25 %  
Most of PGIM Emerging's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PGIM Emerging Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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PGIM Emerging Five Year Return Component Assessment

According to the company disclosure, PGIM Emerging Markets has a Five Year Return of 1.25%. This is much higher than that of the PGIM Funds (Prudential) family and significantly higher than that of the Family category. The five year return for all United States funds is notably lower than that of the firm.

PGIM Emerging Markets Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PGIM Emerging's current stock value. Our valuation model uses many indicators to compare PGIM Emerging value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PGIM Emerging competition to find correlations between indicators driving PGIM Emerging's intrinsic value. More Info.
PGIM Emerging Markets is one of the top funds in cash position weight among similar funds. It is one of the top funds in net asset among similar funds making up about  9,583,851  of Net Asset per Cash Position Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value PGIM Emerging by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PGIM Emerging's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PGIM Emerging's earnings, one of the primary drivers of an investment's value.

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Fund Asset Allocation for PGIM Emerging

The fund consists of 94.34% investments in fixed income securities, with the rest of funds allocated in cash.
 Value 
      Instrument Type 

EMDAX Fundamentals

About PGIM Emerging Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PGIM Emerging Markets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PGIM Emerging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PGIM Emerging Markets based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

PGIM Emerging Investors Sentiment

The influence of PGIM Emerging's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EMDAX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PGIM Emerging in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PGIM Emerging's short interest history, or implied volatility extrapolated from PGIM Emerging options trading.

Current Sentiment - EMDAX

PGIM Emerging Markets Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in PGIM Emerging Markets. What is your perspective on investing in PGIM Emerging Markets? Are you bullish or bearish?
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50% Bearish

Pair Trading with PGIM Emerging

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PGIM Emerging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PGIM Emerging will appreciate offsetting losses from the drop in the long position's value.

PGIM Emerging Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to PGIM Emerging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PGIM Emerging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PGIM Emerging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PGIM Emerging Markets to buy it.
The correlation of PGIM Emerging is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PGIM Emerging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PGIM Emerging Markets moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PGIM Emerging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to PGIM Emerging Piotroski F Score and PGIM Emerging Altman Z Score analysis. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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.