Prudential Short Term Porate Fund Chance Of Distress

PIFZX Fund  USD 10.43  0.02  0.19%   
Prudential Short-term's odds of distress is under 20% at this time. It has slight probability of undergoing some form of financial straits in the near future. Chance of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Short Term Porate. 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 nation.
  

Prudential Short Term Porate Mutual Fund chance of distress Analysis

Prudential Short-term's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Prudential Short-term Probability Of Bankruptcy

    
  Less than 20%  
Most of Prudential Short-term's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Prudential Short Term Porate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Prudential Short-term probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Prudential Short-term odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Prudential Short Term Porate financial health.
Please note, there is a significant difference between Prudential Short-term's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Short-term is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Short-term'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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Prudential Short Term Porate has a Probability Of Bankruptcy of 20.0%. This is much higher than that of the PGIM Investments family and significantly higher than that of the Short-Term Bond category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

Prudential Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prudential Short-term's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Prudential Short-term could also be used in its relative valuation, which is a method of valuing Prudential Short-term by comparing valuation metrics of similar companies.
Prudential Short is currently under evaluation in probability of bankruptcy among similar funds.

Prudential Fundamentals

About Prudential Short-term Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Prudential Short Term Porate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prudential Short-term using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prudential Short Term Porate based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Short Term Porate. 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 nation.
Note that the Prudential Short Term information on this page should be used as a complementary analysis to other Prudential Short-term'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Please note, there is a significant difference between Prudential Short-term's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Short-term is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Short-term'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.