Pgim High Yield Fund Manager Performance Evaluation
| ISD Fund | USD 13.93 0.14 1.02% |
The fund holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pgim High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pgim High is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Pgim High Yield are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of rather sound basic indicators, Pgim High is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders.
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| Expense Ratio | 1.1200 |
Pgim |
Pgim High Relative Risk vs. Return Landscape
If you would invest 1,369 in Pgim High Yield on September 27, 2024 and sell it today you would earn a total of 24.00 from holding Pgim High Yield or generate 1.75% return on investment over 90 days. Pgim High Yield is generating 0.0309% of daily returns assuming volatility of 0.8173% on return distribution over 90 days investment horizon. In other words, 7% of funds are less volatile than Pgim, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Pgim High Current Valuation
Fairly Valued
Today
Please note that Pgim High's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pgim High Yield holds a recent Real Value of $13.88 per share. The prevailing price of the fund is $13.93. We determine the value of Pgim High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Pgim fund is determined by what a typical buyer is willing to pay for full or partial control of Pgim High Yield. Since Pgim High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pgim Fund. However, Pgim High'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. | Historical | Market 13.93 | Real 13.88 | Hype 13.94 | Naive 13.57 |
The real value of Pgim Fund, also known as its intrinsic value, is the underlying worth of Pgim High Yield Fund, which is reflected in its stock price. It is based on Pgim High's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Pgim High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Pgim High Yield helps investors to forecast how Pgim 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 High more accurately as focusing exclusively on Pgim High's fundamentals will not take into account other important factors: Pgim High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pgim High's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Pgim High Yield, and traders can use it to determine the average amount a Pgim High'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 = 0.0378
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ISD |
Estimated Market Risk
| 0.82 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
| 0.04 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.
Pgim High Fundamentals Growth
Pgim Fund prices reflect investors' perceptions of the future prospects and financial health of Pgim High, and Pgim High 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 Pgim Fund performance.
| Shares Outstanding | 33.26 M | ||||
| Price To Earning | 3.29 X | ||||
| Earnings Per Share | 3.46 X | ||||
About Pgim High Performance
By analyzing Pgim High's fundamental ratios, stakeholders can gain valuable insights into Pgim High's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pgim High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pgim High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Pgim High Yield performance evaluation
Checking the ongoing alerts about Pgim High for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Pgim High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Olympia School District ending fund balance at 10.18M for 2023-24 - The Jolt News |
- Analyzing Pgim High'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 Pgim High's stock is overvalued or undervalued compared to its peers.
- Examining Pgim High'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 Pgim High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pgim High's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Pgim High's fund. These opinions can provide insight into Pgim High's potential for growth and whether the stock is currently undervalued or overvalued.
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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