Prudential Total Return Fund Market Value

PDBAX Fund  USD 12.12  0.05  0.41%   
Prudential Total's market value is the price at which a share of Prudential Total trades on a public exchange. It measures the collective expectations of Prudential Total Return investors about its performance. Prudential Total is trading at 12.12 as of the 2nd of March 2025; that is 0.41% up since the beginning of the trading day. The fund's open price was 12.07.
With this module, you can estimate the performance of a buy and hold strategy of Prudential Total Return and determine expected loss or profit from investing in Prudential Total over a given investment horizon. Check out Prudential Total Correlation, Prudential Total Volatility and Prudential Total Alpha and Beta module to complement your research on Prudential Total.
Symbol

Please note, there is a significant difference between Prudential Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Total'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 Total 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Prudential Total's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Prudential Total.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/02/2025
0.00
If you would invest  0.00  in Prudential Total on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Prudential Total Return or generate 0.0% return on investment in Prudential Total over 60 days. Prudential Total is related to or competes with Barings Active, Delaware Investments, Touchstone Ultra, Transamerica Short-term, Alpine Ultra, Ashmore Emerging, and Metropolitan West. The fund will seek to achieve its objective through a mix of current income and capital appreciation as determined by th... More

Prudential Total Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Prudential Total's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Prudential Total Return upside and downside potential and time the market with a certain degree of confidence.

Prudential Total Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Total's standard deviation. In reality, there are many statistical measures that can use Prudential Total historical prices to predict the future Prudential Total's volatility.
Hype
Prediction
LowEstimatedHigh
11.8112.1212.43
Details
Intrinsic
Valuation
LowRealHigh
11.7512.0612.37
Details
Naive
Forecast
LowNextHigh
11.9112.2312.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.8111.9712.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Prudential Total. Your research has to be compared to or analyzed against Prudential Total's peers to derive any actionable benefits. When done correctly, Prudential Total's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Prudential Total Return.

Prudential Total Return Backtested Returns

At this stage we consider Prudential Mutual Fund to be very steady. Prudential Total Return maintains Sharpe Ratio (i.e., Efficiency) of 0.0452, which implies the entity had a 0.0452 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prudential Total Return, which you can use to evaluate the volatility of the fund. Please check Prudential Total's Coefficient Of Variation of 851.5, risk adjusted performance of 0.074, and Semi Deviation of 0.2111 to confirm if the risk estimate we provide is consistent with the expected return of 0.0141%. The fund holds a Beta of 0.0844, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Total is expected to be smaller as well.

Auto-correlation

    
  0.55  

Modest predictability

Prudential Total Return has modest predictability. Overlapping area represents the amount of predictability between Prudential Total time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prudential Total Return price movement. The serial correlation of 0.55 indicates that about 55.0% of current Prudential Total price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.59
Residual Average0.0
Price Variance0.01

Prudential Total Return lagged returns against current returns

Autocorrelation, which is Prudential Total mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Prudential Total's mutual fund expected returns. We can calculate the autocorrelation of Prudential Total returns to help us make a trade decision. For example, suppose you find that Prudential Total has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Prudential Total regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Prudential Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Total mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prudential Total mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Prudential Total Lagged Returns

When evaluating Prudential Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Total mutual fund have on its future price. Prudential Total autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Prudential Total autocorrelation shows the relationship between Prudential Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Prudential Total Return.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Prudential Mutual Fund

Prudential Total financial ratios help investors to determine whether Prudential Mutual 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 Prudential with respect to the benefits of owning Prudential Total security.
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