Prudential High Annual Yield vs. Year To Date Return

PHYZX Fund  USD 4.70  0.02  0.43%   
Considering the key profitability indicators obtained from Prudential High's historical financial statements, Prudential High Yield may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in June. Profitability indicators assess Prudential High's ability to earn profits and add value for shareholders.
For Prudential High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prudential High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prudential High Yield utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prudential High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prudential High Yield over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Prudential High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential High'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.

Prudential High Yield Year To Date Return vs. Annual Yield Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Prudential High's current stock value. Our valuation model uses many indicators to compare Prudential High value to that of its competitors to determine the firm's financial worth.
Prudential High Yield is rated top fund in annual yield among similar funds. It is regarded fourth largest fund in year to date return among similar funds creating about  9.40  of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Prudential High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prudential High'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 Prudential High's earnings, one of the primary drivers of an investment's value.

Prudential Year To Date Return vs. Annual Yield

Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Prudential High

Yield

 = 

Income from Security

Current Share Price

 = 
0.07 %
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

Prudential High

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
0.67 %
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.

Prudential Year To Date Return Comparison

Prudential High is currently under evaluation in year to date return among similar funds.

Prudential High Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Prudential High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prudential High will eventually generate negative long term returns. The profitability progress is the general direction of Prudential High's change in net profit over the period of time. It can combine multiple indicators of Prudential High, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its investable assets in a diversified portfolio of high yield fixed-income instruments rated Ba or lower by Moodys Investors Service or BB or lower by SP Global Ratings , and instruments either comparably rated by another nationally recognized statistical rating organization , or considered to be of comparable quality, that is, junk bonds.

Prudential Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Prudential High. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Prudential High position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Prudential High's important profitability drivers and their relationship over time.

Use Prudential High in pair-trading

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 High 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 High will appreciate offsetting losses from the drop in the long position's value.

Prudential High Pair Trading

Prudential High Yield Pair Trading Analysis

The ability to find closely correlated positions to Prudential High 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 High 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 High - 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 High Yield to buy it.
The correlation of Prudential High 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 High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential High Yield 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 High 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

Use Investing Themes to Complement your Prudential High position

In addition to having Prudential High in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Moderate Funds Thematic Idea Now

Moderate Funds
Moderate Funds Theme
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Moderate Funds Theme or any other thematic opportunities.
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Note that the Prudential High Yield information on this page should be used as a complementary analysis to other Prudential High'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
To fully project Prudential High's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prudential High Yield at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Prudential High's income statement, its balance sheet, and the statement of cash flows.
Potential Prudential High investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Prudential High investors may work on each financial statement separately, they are all related. The changes in Prudential High's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Prudential High's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.