Pgim Global High Fund Manager Performance Evaluation
| GHY Fund | USD 12.70 0.09 0.71% |
The fund holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pgim Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pgim Global is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Pgim Global High are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical indicators, Pgim Global is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Trading With Integrated Risk Controls - Stock Traders Daily | 11/01/2024 |
| Expense Ratio | 1.4900 |
Pgim |
Pgim Global Relative Risk vs. Return Landscape
If you would invest 1,234 in Pgim Global High on September 3, 2024 and sell it today you would earn a total of 36.00 from holding Pgim Global High or generate 2.92% return on investment over 90 days. Pgim Global High is generating 0.0472% of daily returns assuming volatility of 0.6751% on return distribution over 90 days investment horizon. In other words, 6% of funds are less volatile than Pgim, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Pgim Global Current Valuation
Overvalued
Today
Please note that Pgim Global's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Pgim Global High holds a recent Real Value of $12.34 per share. The prevailing price of the fund is $12.7. We determine the value of Pgim Global High from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Pgim Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pgim Fund. However, Pgim Global'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 12.7 | Real 12.34 | Hype 12.7 | Naive 12.7 |
The intrinsic value of Pgim Global'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 Pgim Global'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 Pgim Global High helps investors to forecast how Pgim 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 Pgim Global more accurately as focusing exclusively on Pgim Global's fundamentals will not take into account other important factors: Pgim Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pgim Global's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Pgim Global High, and traders can use it to determine the average amount a Pgim Global'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 = 0.0699
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GHY |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Pgim Global is performing at about 5% 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 Pgim Global by adding it to a well-diversified portfolio.
Pgim Global Fundamentals Growth
Pgim Fund prices reflect investors' perceptions of the future prospects and financial health of Pgim Global, and Pgim Global 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 Pgim Fund performance.
| Shares Outstanding | 40.92 M | ||||
| Price To Earning | 20.02 X | ||||
| Earnings Per Share | 0.53 X | ||||
About Pgim Global Performance
Evaluating Pgim Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pgim Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pgim Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moodys Investors Service, Inc. or BB or lower by Standard Poors Ratings Services. It seeks to maintain a weighted average maturity of five years or less. PGIM Global Short Duration High Yield Fund, Inc. was formed on December 26, 2012 and is domiciled in the United States.Things to note about Pgim Global High performance evaluation
Checking the ongoing alerts about Pgim Global for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Pgim Global High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Pgim Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pgim Global's fund performance include:- Analyzing Pgim Global'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 Pgim Global's stock is overvalued or undervalued compared to its peers.
- Examining Pgim Global'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 Pgim Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pgim Global's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Pgim Global's fund. These opinions can provide insight into Pgim Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pgim Fund
Pgim Global financial ratios help investors to determine whether Pgim 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 Pgim with respect to the benefits of owning Pgim Global security.
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