PRUDENTIAL Mutual Fund Manager Performance Evaluation
| PCWCX Fund | USD 9.46 0.01 0.11% |
The fund holds a Beta of 0.2935, which implies not very significant fluctuations relative to the market. As returns on the market increase, PRUDENTIAL CORPORATE returns are expected to increase less than the market. However, during the bear market, the loss on holding PRUDENTIAL CORPORATE will be expected to be smaller as well. PRUDENTIAL CORPORATE BOND exposes fifteen different technical indicators, which can help you to evaluate its performance.
PRUDENTIAL Performance
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Over the last 90 days PRUDENTIAL CORPORATE BOND has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, PRUDENTIAL CORPORATE is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Fifty Two Week Low | 9.03 | |
| Fifty Two Week High | 12.12 |
PRUDENTIAL |
PRUDENTIAL CORPORATE Relative Risk vs. Return Landscape
If you would invest 960.00 in PRUDENTIAL CORPORATE BOND on June 23, 2023 and sell it today you would lose (14.00) from holding PRUDENTIAL CORPORATE BOND or give up 1.46% of portfolio value over 90 days. PRUDENTIAL CORPORATE BOND is currently producing negative expected returns and takes up 0.4171% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than PRUDENTIAL, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
PRUDENTIAL CORPORATE Current Valuation
Fairly Valued
Today
Please note that PRUDENTIAL CORPORATE's price fluctuation is very steady at this time. PRUDENTIAL CORPORATE BOND holds a recent Real Value of $9.48 per share. The prevailing price of the fund is $9.46. At this time, the fund appears to be fairly valued. We determine the value of PRUDENTIAL CORPORATE BOND from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point in time, mutual fund prices and their ongoing real values will merge together.
Our valuation method for PRUDENTIAL CORPORATE BOND is useful when determining the fair value of the PRUDENTIAL mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of PRUDENTIAL CORPORATE. Since PRUDENTIAL CORPORATE is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PRUDENTIAL Mutual Fund. However, PRUDENTIAL CORPORATE'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. Estimating the potential upside or downside of PRUDENTIAL CORPORATE BOND helps investors to forecast how PRUDENTIAL 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 PRUDENTIAL CORPORATE more accurately as focusing exclusively on PRUDENTIAL CORPORATE's fundamentals will not take into account other important factors: PRUDENTIAL CORPORATE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PRUDENTIAL CORPORATE's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as PRUDENTIAL CORPORATE BOND, and traders can use it to determine the average amount a PRUDENTIAL CORPORATE'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 = -0.0539
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PCWCX |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PRUDENTIAL CORPORATE 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 PRUDENTIAL CORPORATE by adding it to a well-diversified portfolio.
PRUDENTIAL CORPORATE Fundamentals Growth
PRUDENTIAL Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of PRUDENTIAL CORPORATE, and PRUDENTIAL CORPORATE fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on PRUDENTIAL Mutual Fund performance.
| Total Asset | 30.85 M | |||
About PRUDENTIAL CORPORATE Performance
To evaluate PRUDENTIAL CORPORATE BOND 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 PRUDENTIAL CORPORATE 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 PRUDENTIAL 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 PRUDENTIAL CORPORATE BOND market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents PRUDENTIAL'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 fund normally invests at least 80 percent of its investable assets in bonds of corporations with varying maturities. PGIM Corporate is traded on NASDAQ Exchange in the United States.Things to note about PRUDENTIAL CORPORATE BOND performance evaluation
Checking the ongoing alerts about PRUDENTIAL CORPORATE for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for PRUDENTIAL CORPORATE BOND help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PRUDENTIAL CORPORATE generated a negative expected return over the last 90 days | |
| PRUDENTIAL CORPORATE is unlikely to experience financial distress in the next 2 years | |
| The fund maintains about 5.28% of its assets in cash |
- Analyzing PRUDENTIAL CORPORATE's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether PRUDENTIAL CORPORATE's stock is overvalued or undervalued compared to its peers.
- Examining PRUDENTIAL CORPORATE's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating PRUDENTIAL CORPORATE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PRUDENTIAL CORPORATE's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of PRUDENTIAL CORPORATE's mutual fund. These opinions can provide insight into PRUDENTIAL CORPORATE's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRUDENTIAL CORPORATE BOND. 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 employment. Note that the PRUDENTIAL CORPORATE BOND information on this page should be used as a complementary analysis to other PRUDENTIAL CORPORATE'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for PRUDENTIAL Mutual Fund analysis
When running PRUDENTIAL CORPORATE's price analysis, check to measure PRUDENTIAL CORPORATE'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 PRUDENTIAL CORPORATE is operating at the current time. Most of PRUDENTIAL CORPORATE's value examination focuses on studying past and present price action to predict the probability of PRUDENTIAL CORPORATE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PRUDENTIAL CORPORATE's price. Additionally, you may evaluate how the addition of PRUDENTIAL CORPORATE to your portfolios can decrease your overall portfolio volatility.
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| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |