Prudential Emerging Markets Fund Net Asset
| EMDAX Fund | USD 4.54 0.01 0.22% |
Prudential Emerging Markets fundamentals help investors to digest information that contributes to Prudential Emerging's financial success or failures. It also enables traders to predict the movement of Prudential Mutual Fund. The fundamental analysis module provides a way to measure Prudential 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 Prudential Emerging mutual fund.
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Prudential Emerging Markets Mutual Fund Net Asset Analysis
Prudential Emerging's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Prudential Emerging Net Asset | 53.46 M |
Most of Prudential Emerging's fundamental indicators, such as Net Asset, 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, Prudential Emerging Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Prudential Emerging Markets has a Net Asset of 53.46 M. This is much higher than that of the PGIM Investments family and significantly higher than that of the Emerging-Markets Local-Currency Bond category. The net asset for all United States funds is notably lower than that of the firm.
Prudential Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prudential Emerging's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Prudential Emerging could also be used in its relative valuation, which is a method of valuing Prudential Emerging by comparing valuation metrics of similar companies.Prudential Emerging is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Prudential Emerging
The fund consists of 86.03% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.Asset allocation divides Prudential Emerging's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Prudential Fundamentals
| Total Asset | 2.68 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 11.96 % | ||||
| One Year Return | 2.76 % | ||||
| Three Year Return | (2.32) % | ||||
| Five Year Return | 0.10 % | ||||
| Net Asset | 53.46 M | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 7.17 % | ||||
| Bond Positions Weight | 86.03 % |
About Prudential Emerging Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prudential Emerging Markets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prudential Emerging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prudential 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.
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 Prudential 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, Prudential Emerging's short interest history, or implied volatility extrapolated from Prudential Emerging options trading.
Pair Trading with Prudential 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 Prudential 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 Prudential Emerging will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Prudential 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 Prudential 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 Prudential 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 Prudential Emerging Markets to buy it.
The correlation of Prudential Emerging is a statistical measure of how it moves in relation to other instruments. 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 Prudential Emerging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential Emerging 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 Prudential 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Prudential Emerging Markets. 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 Emerging information on this page should be used as a complementary analysis to other Prudential 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 the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.