Prudential Health Sciences Fund Fundamentals
PHLQX Fund | USD 51.99 0.24 0.46% |
Prudential Health Sciences fundamentals help investors to digest information that contributes to Prudential Health's financial success or failures. It also enables traders to predict the movement of Prudential Mutual Fund. The fundamental analysis module provides a way to measure Prudential Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Prudential Health mutual fund.
Prudential |
Prudential Health Sciences Mutual Fund Year To Date Return Analysis
Prudential Health's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Prudential Health Year To Date Return | 15.26 % |
Most of Prudential Health's fundamental indicators, such as Year To Date Return, 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 Health Sciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Competition |
Based on the company's disclosures, Prudential Health Sciences has a Year To Date Return of 15.2591%. This is much higher than that of the PGIM Funds (Prudential) family and significantly higher than that of the Health category. The year to date return for all United States funds is notably lower than that of the firm.
Prudential Health Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prudential Health's current stock value. Our valuation model uses many indicators to compare Prudential Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prudential Health competition to find correlations between indicators driving Prudential Health's intrinsic value. More Info.Prudential Health Sciences is regarded third largest fund in year to date return among similar funds. It is rated top fund in one year return among similar funds reporting about 1.68 of One Year Return per Year To Date 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 Prudential Health's earnings, one of the primary drivers of an investment's value.Prudential Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prudential Health's direct or indirect competition against its Year To Date Return 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 Health could also be used in its relative valuation, which is a method of valuing Prudential Health by comparing valuation metrics of similar companies.Prudential Health is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Prudential Health
The fund consists of 94.87% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Prudential Health's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Prudential Fundamentals
Total Asset | 1.55 B | ||||
Year To Date Return | 15.26 % | ||||
One Year Return | 25.64 % | ||||
Three Year Return | 6.61 % | ||||
Five Year Return | 12.46 % | ||||
Ten Year Return | 17.77 % | ||||
Net Asset | 2.61 B | ||||
Cash Position Weight | 5.13 % | ||||
Equity Positions Weight | 94.87 % |
About Prudential Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prudential Health Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prudential Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prudential Health Sciences 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.The fund seeks investments whose prices will increase over time. It normally invests at least 80 percent of its investable assets in equity and equity-related securities of companies within the health sciences sector, such as pharmaceutical companies, biotechnology companies, medical device manufacturers, healthcare service providers and health maintenance organizations and other companies that derive at least 50 percent of their assets, revenues or profits from operations in the healthcare sector.
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Prudential Health financial ratios help investors to determine whether Prudential Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prudential with respect to the benefits of owning Prudential Health security.
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