PGIM Ultra Etf Forward View - Double Exponential Smoothing
| PULS Etf | USD 49.62 -0.02 -0.04% |
The Double Exponential Smoothing reference data for PGIM Ultra is derived from the equity's published trading history. Forecast values and accuracy indicators are summarized on this page for reference.
The Double Exponential Smoothing forecasted value of PGIM Ultra Short on the next trading day is expected to be 49.62 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.65.When PGIM Ultra Short prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any PGIM Ultra Short trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent PGIM Ultra observations are given relatively more weight in forecasting than the older observations. All forecast values on this page for PGIM Ultra Short are Double Exponential Smoothing reference data derived from historical price series. Double Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of PGIM Ultra Short on the next trading day is expected to be 49.62 with a mean absolute deviation of 0.01 , mean absolute percentage error of 0.0002 , and the sum of the absolute errors of 0.65 .Please note that although there have been many attempts to predict PGIM Etf prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that PGIM Ultra's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
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Forecasted Value
Forecasting PGIM Ultra Short for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of PGIM Ultra etf data series using in forecasting. Note that when a statistical model is used to represent PGIM Ultra etf, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -2.0E-4 |
| MAD | Mean absolute deviation | 0.0109 |
| MAPE | Mean absolute percentage error | 2.0E-4 |
| SAE | Sum of the absolute errors | 0.6453 |
Other Forecasting Options for PGIM Ultra
For both new and experienced investors in PGIM, the ability to analyze PGIM Ultra's price movement is a fundamental investment skill. Price chart noise in PGIM Etf can create false signals and mislead investment decisions.PGIM Ultra Related Equities
The following equities are related to PGIM Ultra within the Ultrashort Bond space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing PGIM Ultra against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
PGIM Ultra Market Strength Events
Tracking market strength indicators for PGIM Ultra provides context for understanding the momentum dynamics of the etf in real time. These signals support informed decisions about when to enter or exit positions in PGIM Ultra Short for maximum return potential.
| Accumulation Distribution | 4.0E-4 | |||
| Daily Balance Of Power | -1.00 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 49.61 | |||
| Day Typical Price | 49.61 | |||
| Market Facilitation Index | 0.02 | |||
| Period Momentum Indicator | -0.02 |
PGIM Ultra Risk Indicators
Properly assessing PGIM Ultra's risk indicators is a prerequisite for building reliable price forecasts. Identifying and quantifying the risks associated with PGIM Ultra's allows investors to make better-informed decisions about accepting or hedging their exposure.
| Mean Deviation | 0.0213 | |||
| Standard Deviation | 0.0262 | |||
| Variance | 7.0E-4 | |||
| Downside Variance | 9.0E-4 | |||
| Semi Variance | -0.01 | |||
| Expected Short fall | -0.03 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for PGIM Ultra
The amount of media and story coverage tied to PGIM Ultra Short can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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More Resources for PGIM Etf Analysis
A full view of PGIM Ultra Short is built from its financial statements and trend data. Financial ratios summarize performance across earnings and efficiency. The data reflects PGIM Ultra's reported financial activity across periods. The following reports provide structured context for PGIM Ultra Short Etf:The Historical Fundamental Analysis of PGIM Ultra dataset supports cross-verification of projections for PGIM Ultra. Historical trends in PGIM Ultra's fundamentals help frame the current projections. The pace of change in historical fundamentals can inform expectations about future trends. PGIM Ultra currently shows P/E of 11.25. PGIM Ultra data on this page supports broader research - the resources below add portfolio-level context. For PGIM Ultra, the analytical tools below add portfolio-level context that single-security review alone cannot provide. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Comparing PGIM Ultra's market price with book value reveals how market sentiment relates to accounting fundamentals. PGIM Ultra P/B of 109.13 reflects a market valuation far exceeding accounting equity. For PGIM Ultra, intrinsic value estimation helps reconcile what the market pays with what the books show.
It is useful to distinguish PGIM Ultra's value from its trading price, which are computed with different methods. For PGIM Ultra, key inputs include a P/E ratio of 11.25, a P/B ratio of 109.13, a profit margin of -10.0%, and revenue of 343.53 M. PGIM Ultra market price reflects the current exchange level formed by active bids and offers. The information is presented without directional commentary.