Pgim Jennison Five Year Return vs. Equity Positions Weight
| PGKAX Fund | USD 27.25 0.40 1.45% |
For Pgim Jennison profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pgim Jennison to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pgim Jennison Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pgim Jennison's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pgim Jennison Technology over time as well as its relative position and ranking within its peers.
Pgim |
Pgim Jennison Technology Equity Positions Weight vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pgim Jennison's current stock value. Our valuation model uses many indicators to compare Pgim Jennison value to that of its competitors to determine the firm's financial worth. Pgim Jennison Technology is rated top fund in five year return among similar funds. It also is rated top fund in equity positions weight among similar funds making about 4.49 of Equity Positions Weight per Five Year Return. 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 Pgim Jennison's earnings, one of the primary drivers of an investment's value.Pgim Equity Positions Weight vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Pgim Jennison |
| = | 21.53 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Pgim Jennison |
| = | 96.71 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Pgim Equity Positions Weight Comparison
Pgim Jennison is currently under evaluation in equity positions weight among similar funds.
Pgim Jennison Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pgim Jennison, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pgim Jennison will eventually generate negative long term returns. The profitability progress is the general direction of Pgim Jennison's change in net profit over the period of time. It can combine multiple indicators of Pgim Jennison, 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 normally invests at least 80 percent of the funds investable assets in equity and equity-related securities of technology or technology-related companies. The term investable assets refers to the funds net assets plus any borrowings for investment purposes. The funds investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It may participate in the initial public offering market. The fund is non-diversified.
Pgim Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pgim Jennison. 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 Pgim Jennison 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 Pgim Jennison's important profitability drivers and their relationship over time.
| Five Year Return vs Year To Date Return | ||
| One Year Return vs Equity Positions Weight | ||
| Five Year Return vs Three Year Return | ||
| Net Asset vs Equity Positions Weight | ||
| Five Year Return vs Cash Position Weight |
Use Pgim Jennison 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 Pgim Jennison 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 Jennison will appreciate offsetting losses from the drop in the long position's value.Pgim Jennison Pair Trading
Pgim Jennison Technology Pair Trading Analysis
The ability to find closely correlated positions to Pgim Jennison 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 Jennison 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 Jennison - 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 Jennison Technology to buy it.
The correlation of Pgim Jennison 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 Jennison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pgim Jennison Technology 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 Jennison 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 Pgim Jennison position
In addition to having Pgim Jennison 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?
Run Software Thematic Idea Now
Software
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 40 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 Software Theme or any other thematic opportunities.
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Other Information on Investing in Pgim Mutual Fund
To fully project Pgim Jennison's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pgim Jennison Technology 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 Pgim Jennison's income statement, its balance sheet, and the statement of cash flows.
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