EMDAX Mutual Fund Manager Performance Evaluation

EMDAX -  USA Fund  

USD 5.28  0.02  0.38%

The fund holds a Beta of 0.0551, which implies not very significant fluctuations relative to the market. Let's try to break down what EMDAX's beta means in this case. As returns on the market increase, PGIM Emerging returns are expected to increase less than the market. However, during the bear market, the loss on holding PGIM Emerging will be expected to be smaller as well. Even though it is essential to pay attention to PGIM Emerging Markets current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our way of forecasting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. PGIM Emerging Markets exposes twenty-one different technical indicators, which can help you to evaluate its performance.

EMDAX Mutual Fund Performance 

 
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EMDAX Performance
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Over the last 90 days PGIM Emerging Markets has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, PGIM Emerging is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low5.26
Fifty Two Week High6.14
Annual Report Expense Ratio1.13%

PGIM Emerging Relative Risk vs. Return Landscape

If you would invest  545.00  in PGIM Emerging Markets on October 29, 2021 and sell it today you would lose (17.00)  from holding PGIM Emerging Markets or give up 3.12% of portfolio value over 90 days. PGIM Emerging Markets is currently producing negative expected returns and takes up 0.3534% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than EMDAX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon PGIM Emerging is expected to generate 0.42 times more return on investment than the market. However, the company is 2.39 times less risky than the market. It trades about -0.14 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of risk.

PGIM Emerging Current Valuation

Fairly Valued
Today 5.28
Share
Please note that PGIM Emerging's price fluctuation is very steady at this time.
PGIM Emerging Markets holds a recent Real Value of $5.31 per share. The prevailing price of the fund is $5.28. At this time, the fund appears to be fairly valued. We determine the value of PGIM Emerging Markets from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued entities and dropping overvalued entities since, in the future, stock prices and their ongoing real values will merge together.
Our valuation method for PGIM Emerging Markets is useful when determining the fair value of the EMDAX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of PGIM Emerging. Since PGIM Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of EMDAX Mutual Fund. However, PGIM Emerging's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
5.31
Real Value
5.66
Upside
Estimating the potential upside or downside of PGIM Emerging Markets helps investors to forecast how EMDAX mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of PGIM Emerging more accurately as focusing exclusively on PGIM Emerging's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
4.935.285.63
Details

PGIM Emerging Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for PGIM Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as PGIM Emerging Markets, and traders can use it to determine the average amount a PGIM Emerging's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1428

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Negative ReturnsEMDAX
Estimated Market Risk
 0.35
  actual daily
 
 3 %
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33
Expected Return
 -0.05
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 0 %
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 -0.14
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Based on monthly moving average PGIM Emerging is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PGIM Emerging by adding it to a well-diversified portfolio.

About PGIM Emerging Performance

To evaluate PGIM Emerging Markets Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when PGIM Emerging generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare EMDAX Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand PGIM Emerging Markets stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents EMDAX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about PGIM Emerging Markets

Checking the ongoing alerts about PGIM Emerging for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PGIM Emerging Markets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

PGIM Emerging Alerts

Equity 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
Continue to Investing Opportunities. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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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.