PGIM Active Five Year Return vs. Last Dividend Paid
| PHYL Etf | USD 35.24 0.08 0.23% |
For PGIM Active profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PGIM Active to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PGIM Active High utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PGIM Active's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PGIM Active High over time as well as its relative position and ranking within its peers.
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The market value of PGIM Active High 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 Active's value that differs from its market value or its book value, called intrinsic value, which is PGIM Active'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 Active's market value can be influenced by many factors that don't directly affect PGIM Active'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 Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGIM Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM Active'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.
PGIM Active High Last Dividend Paid vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PGIM Active's current stock value. Our valuation model uses many indicators to compare PGIM Active value to that of its competitors to determine the firm's financial worth. PGIM Active High is rated below average in five year return as compared to similar ETFs. It is regarded fourth largest ETF in last dividend paid as compared to similar ETFs creating about 0.04 of Last Dividend Paid per Five Year Return. The ratio of Five Year Return to Last Dividend Paid for PGIM Active High is roughly 24.99 . Comparative valuation analysis is a catch-all technique that is used if you cannot value PGIM Active by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.PGIM Last Dividend Paid 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 Active |
| = | 4.30 % |
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.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
PGIM Active |
| = | 0.17 |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
PGIM Last Dividend Paid Comparison
PGIM Active is currently under evaluation in last dividend paid as compared to similar ETFs.
PGIM Active Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PGIM Active, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PGIM Active will eventually generate negative long term returns. The profitability progress is the general direction of PGIM Active's change in net profit over the period of time. It can combine multiple indicators of PGIM Active, 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.
Under normal market conditions, the fund invests at least 80 percent of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments with similar economic characteristics. PGIM Active is traded on NYSEARCA Exchange in the United States.
PGIM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PGIM Active. 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 Active 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 Active's important profitability drivers and their relationship over time.
Use PGIM Active 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 Active 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 Active will appreciate offsetting losses from the drop in the long position's value.PGIM Active Pair Trading
PGIM Active High Pair Trading Analysis
The ability to find closely correlated positions to PGIM Active 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 Active 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 Active - 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 Active High to buy it.
The correlation of PGIM Active 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 Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PGIM Active High 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 Active 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 Active position
In addition to having PGIM Active 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project PGIM Active's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PGIM Active High 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 Active's income statement, its balance sheet, and the statement of cash flows.