Prudential Porate Bond Fund Manager Performance Evaluation
| TGMBX Fund | USD 9.77 0.02 0.21% |
The fund holds a Beta of 0.035, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Porate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Porate is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Prudential Porate Bond are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental drivers, Prudential Porate is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of September 2022 | |
| Expense Ratio | 0.5500 |
Prudential |
Prudential Porate Relative Risk vs. Return Landscape
If you would invest 974.00 in Prudential Porate Bond on February 9, 2024 and sell it today you would earn a total of 3.00 from holding Prudential Porate Bond or generate 0.31% return on investment over 90 days. Prudential Porate Bond is currently producing 0.0055% returns and takes up 0.3462% 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 Porate Current Valuation
Fairly Valued
Today
Please note that Prudential Porate's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Prudential Porate Bond holds a recent Real Value of $9.76 per share. The prevailing price of the fund is $9.77. We determine the value of Prudential Porate Bond 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.
Our valuation method for Prudential Porate Bond is useful when determining the fair value of the Prudential mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Prudential Porate. Since Prudential Porate is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Prudential Mutual Fund. However, Prudential Porate'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 9.77 | Real 9.76 | Hype 9.77 |
The real value of Prudential Mutual Fund, also known as its intrinsic value, is the underlying worth of Prudential Porate Bond Mutual Fund, which is reflected in its stock price. It is based on Prudential Porate's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Prudential Porate'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 Porate'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 Porate Bond 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 Porate more accurately as focusing exclusively on Prudential Porate's fundamentals will not take into account other important factors: Prudential Porate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Porate's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Prudential Porate Bond, and traders can use it to determine the average amount a Prudential Porate'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 = 0.0158
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TGMBX |
Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Prudential Porate is performing at about 1% 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 Porate by adding it to a well-diversified portfolio.
Prudential Porate Fundamentals Growth
Prudential Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Prudential Porate, and Prudential Porate 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 | 11.14 M | |||
About Prudential Porate Performance
To evaluate Prudential Porate Bond Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Prudential Porate generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Prudential Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Prudential Porate Bond market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Prudential's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund normally invests at least 80 percent of its investable assets in bonds of corporations with varying maturities. For purposes of this policy, bonds include all fixed-income securities, adjustable rate securities and floating rate securities, other than preferred stock, and corporations include all private issuers.Things to note about Prudential Porate Bond performance evaluation
Checking the ongoing alerts about Prudential Porate for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Prudential Porate Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -3.0% | |
| Prudential Porate Bond maintains about 95.47% of its assets in bonds |
- Analyzing Prudential Porate'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 Porate's stock is overvalued or undervalued compared to its peers.
- Examining Prudential Porate'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 Porate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prudential Porate's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Prudential Porate's mutual fund. These opinions can provide insight into Prudential Porate's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Prudential Porate Bond. 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 bureau of labor statistics. Note that the Prudential Porate Bond information on this page should be used as a complementary analysis to other Prudential Porate'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.