Prudential 60/40 Annual Yield vs. Year To Date Return
| PALDX Fund | USD 14.39 0.01 0.07% |
For Prudential 60/40 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prudential 60/40 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prudential 6040 Allocation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prudential 60/40's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prudential 6040 Allocation over time as well as its relative position and ranking within its peers.
PRUDENTIAL |
Prudential 6040 Allo Year To Date Return vs. Annual Yield Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prudential 60/40's current stock value. Our valuation model uses many indicators to compare Prudential 60/40 value to that of its competitors to determine the firm's financial worth. Prudential 6040 Allocation is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 739.74 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Prudential 60/40's earnings, one of the primary drivers of an investment's value.PRUDENTIAL Year To Date Return vs. Annual Yield
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Prudential 60/40 |
| = | 0.02 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Prudential 60/40 |
| = | 18.27 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
PRUDENTIAL Year To Date Return Comparison
Prudential 6040 is currently under evaluation in year to date return among similar funds.
Prudential 60/40 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prudential 60/40, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prudential 60/40 will eventually generate negative long term returns. The profitability progress is the general direction of Prudential 60/40's change in net profit over the period of time. It can combine multiple indicators of Prudential 60/40, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
PRUDENTIAL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prudential 60/40. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Prudential 60/40 position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Prudential 60/40's important profitability drivers and their relationship over time.
Use Prudential 60/40 in pair-trading
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 Prudential 60/40 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 Prudential 60/40 will appreciate offsetting losses from the drop in the long position's value.Prudential 60/40 Pair Trading
Prudential 6040 Allocation Pair Trading Analysis
The ability to find closely correlated positions to Prudential 60/40 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential 60/40 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 Prudential 60/40 - 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 Prudential 6040 Allocation to buy it.
The correlation of Prudential 60/40 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 Prudential 60/40 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential 6040 Allo 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 Prudential 60/40 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.Use Investing Themes to Complement your Prudential 60/40 position
In addition to having Prudential 60/40 in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Iron
Companies involved in production of steel and iron. The Iron theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
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Other Information on Investing in PRUDENTIAL Mutual Fund
To fully project Prudential 60/40's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prudential 6040 Allo at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Prudential 60/40's income statement, its balance sheet, and the statement of cash flows.
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