Pgim Wadhwani Systematic Fund Quote
| PGAFX Fund | USD 9.46 0.03 0.32% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Pgim Wadhwani is trading at 9.46 as of the 21st of May 2024; that is 0.32 percent up since the beginning of the trading day. The fund's open price was 9.43. Pgim Wadhwani has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Pgim Wadhwani Systematic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of November 2023 and ending today, the 21st of May 2024. Click here to learn more.
The fund will seek to achieve its investment objective by investing globally in instruments that provide exposure to three broad asset classes equities, fixed income and currencies. The adviser may gain exposure to equities through derivative instruments such as equity index futures and equity index swaps or by direct investment in equities. More on Pgim Wadhwani Systematic
Moving together with Pgim Mutual Fund
| 0.62 | PWJZX | Prudential Jennison | PairCorr |
| 0.62 | PWJAX | Prudential Jennison | PairCorr |
| 0.63 | PWJCX | Prudential Jennison | PairCorr |
Pgim Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pgim Wadhwani's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pgim Wadhwani or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | PGIM Investments Funds, Large Blend Funds, Macro Trading Funds, Macro Trading, PGIM Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
Pgim Wadhwani Systematic [PGAFX] is traded in USA and was established 21st of May 2024. Pgim Wadhwani is listed under PGIM Investments category by Fama And French industry classification. The fund is listed under Macro Trading category and is part of PGIM Investments family. Pgim Wadhwani Systematic at this time has accumulated 39.37 M in assets with no minimum investment requirements with the current yeild of 0.01%.
Check Pgim Wadhwani Probability Of Bankruptcy
Pgim Wadhwani Systematic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pgim Wadhwani market risk premium is the additional return an investor will receive from holding Pgim Wadhwani long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pgim Wadhwani. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pgim Wadhwani's alpha and beta are two of the key measurements used to evaluate Pgim Wadhwani's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3224 | |||
| Standard Deviation | 0.4008 | |||
| Variance | 0.1606 | |||
| Risk Adjusted Performance | (0.01) |
Pgim Wadhwani Against Markets
Picking the right benchmark for Pgim Wadhwani mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pgim Wadhwani mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pgim Wadhwani is critical whether you are bullish or bearish towards Pgim Wadhwani Systematic at a given time. Please also check how Pgim Wadhwani's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pgim Wadhwani without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Pgim Mutual Fund?
Before investing in Pgim Wadhwani, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pgim Wadhwani. To buy Pgim Wadhwani fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pgim Wadhwani. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pgim Wadhwani fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pgim Wadhwani Systematic fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pgim Wadhwani Systematic fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Pgim Wadhwani Systematic, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Pgim Wadhwani Systematic?
The danger of trading Pgim Wadhwani Systematic is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pgim Wadhwani is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pgim Wadhwani. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pgim Wadhwani Systematic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pgim Wadhwani Systematic. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Pgim Wadhwani Systematic information on this page should be used as a complementary analysis to other Pgim Wadhwani's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.