Pgim Large Cap Buffer Etf Current Valuation
| MAYP Etf | 27.84 0.01 0.04% |
Valuation analysis of PGIM Large Cap helps investors to measure PGIM Large's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that PGIM Large's price fluctuation is very steady at this time. Calculation of the real value of PGIM Large Cap is based on 3 months time horizon. Increasing PGIM Large's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
PGIM Large's intrinsic value may or may not be the same as its current market price of 27.84, 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 27.84 | Real 27.8 | Hype 27.84 | Naive 27.91 |
The intrinsic value of PGIM Large'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, news, and other external factors that may influence PGIM Large's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of PGIM Large Cap Buffer helps investors to forecast how PGIM etf'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 Large more accurately as focusing exclusively on PGIM Large's fundamentals will not take into account other important factors: PGIM Large Cap Buffer ETF Current Valuation Analysis
PGIM Large's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, PGIM Large Cap Buffer has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Defined Outcome (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About PGIM Large Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PGIM Large Cap Buffer's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PGIM Large using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PGIM Large Cap Buffer based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with PGIM Large
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 PGIM Large 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 PGIM Large will appreciate offsetting losses from the drop in the long position's value.Moving together with PGIM Etf
| 0.95 | BUFR | First Trust Cboe | PairCorr |
| 0.94 | BUFD | FT Cboe Vest | PairCorr |
| 0.94 | PSEP | Innovator SP 500 | PairCorr |
| 0.95 | PJAN | Innovator SP 500 | PairCorr |
Moving against PGIM Etf
The ability to find closely correlated positions to PGIM Large could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PGIM Large 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 PGIM Large - 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 PGIM Large Cap Buffer to buy it.
The correlation of PGIM Large 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 PGIM Large moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PGIM Large Cap 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 PGIM Large 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.Check out PGIM Large Piotroski F Score and PGIM Large Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of PGIM Large Cap is measured differently than its book value, which is the value of PGIM that is recorded on the company's balance sheet. Investors also form their own opinion of PGIM Large's value that differs from its market value or its book value, called intrinsic value, which is PGIM Large's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PGIM Large's market value can be influenced by many factors that don't directly affect PGIM Large's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PGIM Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGIM Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM Large'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.