Pgim High Yield Fund Price on November 12, 2024
ISD Fund | USD 13.74 0.10 0.72% |
Below is the normalized historical share price chart for Pgim High Yield extending back to April 26, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pgim High stands at 13.74, as last reported on the 27th of December, with the highest price reaching 13.92 and the lowest price hitting 13.68 during the day.
If you're considering investing in Pgim Fund, it is important to understand the factors that can impact its price. At this point, Pgim High is very steady. Pgim High Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.034, which implies the entity had a 0.034% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pgim High Yield, which you can use to evaluate the volatility of the fund. Please check Pgim High's Coefficient Of Variation of 2326.94, risk adjusted performance of 0.0342, and Semi Deviation of 0.8241 to confirm if the risk estimate we provide is consistent with the expected return of 0.0277%.
Pgim Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pgim |
Sharpe Ratio = 0.034
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Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Pgim High is performing at about 2% 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 High by adding it to a well-diversified portfolio.
Market Capitalization 378.1 M |
Pgim High Valuation on November 12, 2024
It is possible to determine the worth of Pgim High on a given historical date. On November 12, 2024 Pgim was worth 13.76 at the beginning of the trading date compared to the closed value of 13.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pgim High fund. Still, in general, we apply an absolute valuation method to find Pgim High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pgim High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pgim High's related companies.
Open | High | Low | Close | Volume | |
14.08 | 14.10 | 13.74 | 13.80 | 195,055 | |
11/12/2024 | 13.76 | 13.80 | 13.54 | 13.62 | 180,508 |
13.63 | 13.66 | 13.40 | 13.43 | 154,093 |
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Pgim High Trading Date Momentum on November 12, 2024
On November 13 2024 Pgim High Yield was traded for 13.43 at the closing time. Highest Pgim High's price during the trading hours was 13.66 and the lowest price during the day was 13.40 . The net volume was 154.1 K. The overall trading history on the 13th of November 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.40% . The trading delta at closing time to current price is 0.51% . |
Pgim High Yield Fundamentals Correlations and Trends
By evaluating Pgim High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pgim High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pgim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pgim High Fund history
Pgim High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pgim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pgim High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pgim High stock prices may prove useful in developing a viable investing in Pgim High
PGIM High Yield Bond Fund, Inc. is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade . It seeks to invest in securities across all maturities, while attempting to maintain a weighted average portfolio duration of three years or less. The fund employs fundamental analysis to make its investments. It does not invest in municipal debt obligations, asset backed securities, or mortgage backed securities. PGIM High Yield Bond Fund, Inc. was formed on April 30, 2012 and is domiciled in the United States.
Pgim High Fund Technical Analysis
Pgim High technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Pgim High Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Pgim High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pgim High December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Pgim High fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pgim High shares will generate the highest return on investment. By undertsting and applying Pgim High fund market strength indicators, traders can identify Pgim High Yield entry and exit signals to maximize returns
Pgim High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pgim High's price direction in advance. Along with the technical and fundamental analysis of Pgim Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pgim to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0342 | |||
Jensen Alpha | 0.0242 | |||
Total Risk Alpha | 0.002 | |||
Sortino Ratio | 0.0021 | |||
Treynor Ratio | (5.01) |
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Other Information on Investing in Pgim Fund
Pgim High financial ratios help investors to determine whether Pgim Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pgim with respect to the benefits of owning Pgim High security.
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