Prudential 6040 Allocation Fund Manager Performance Evaluation
| PALDX Fund | USD 14.40 0.03 0.21% |
The fund holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prudential 60/40's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential 60/40 is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Prudential 6040 Allocation are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Prudential 60/40 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.4000 |
PRUDENTIAL |
Prudential 60/40 Relative Risk vs. Return Landscape
If you would invest 1,368 in Prudential 6040 Allocation on September 4, 2024 and sell it today you would earn a total of 72.00 from holding Prudential 6040 Allocation or generate 5.26% return on investment over 90 days. Prudential 6040 Allocation is currently producing 0.0811% returns and takes up 0.4305% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than PRUDENTIAL, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Prudential 60/40 Current Valuation
Fairly Valued
Today
Please note that Prudential 60/40's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Prudential 6040 Allo holds a recent Real Value of $14.3 per share. The prevailing price of the fund is $14.4. We determine the value of Prudential 6040 Allo from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Prudential 60/40 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PRUDENTIAL Mutual Fund. However, Prudential 60/40'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 14.4 | Real 14.3 | Hype 14.4 | Naive 14.45 |
The intrinsic value of Prudential 60/40'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 Prudential 60/40'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 Prudential 6040 Allocation helps investors to forecast how PRUDENTIAL mutual 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 Prudential 60/40 more accurately as focusing exclusively on Prudential 60/40's fundamentals will not take into account other important factors: Prudential 60/40 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential 60/40's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Prudential 6040 Allocation, and traders can use it to determine the average amount a Prudential 60/40'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 = 0.1884
| Best Portfolio | Best Equity | |||
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| Cash | PALDX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Prudential 60/40 is performing at about 14% 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 Prudential 60/40 by adding it to a well-diversified portfolio.
Prudential 60/40 Fundamentals Growth
PRUDENTIAL Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Prudential 60/40, and Prudential 60/40 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 PRUDENTIAL Mutual Fund performance.
| Total Asset | 87.46 M | ||||
About Prudential 60/40 Performance
Evaluating Prudential 60/40's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Prudential 60/40 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 Prudential 60/40 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund pursues its objective by primarily investing in a portfolio of other mutual funds within the PGIM fund family that provide exposure to equity and fixed income. The investments held by underlying funds that provide exposure to equities will include equity and equity-related securities of large capitalization U.S. companies. underlying funds that provide exposure to fixed income will invest primarily in bonds. Such fixed-income securities may include below investment grade bonds, commonly known as junk bonds.Things to note about Prudential 6040 Allo performance evaluation
Checking the ongoing alerts about Prudential 60/40 for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Prudential 6040 Allo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 10.67% of its assets in cash |
- Analyzing Prudential 60/40'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 Prudential 60/40's stock is overvalued or undervalued compared to its peers.
- Examining Prudential 60/40'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 Prudential 60/40's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prudential 60/40's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Prudential 60/40's mutual fund. These opinions can provide insight into Prudential 60/40's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in PRUDENTIAL Mutual Fund
Prudential 60/40 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 60/40 security.
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