Prudential Jennison International Fund Statistic Functions Beta

PWJAX Fund  USD 31.93  -1.13  -3.42%   
The statistic functions module provides an execution environment for Beta function and related indicators on Prudential Jennison. It emphasizes statistical functions describing dispersion and variability while keeping volatility, risk, and performance context in view.Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Prudential Jennison correlated with the market. If Beta is less than 0 Prudential Jennison generally moves in the opposite direction as compared to the market. If Prudential Jennison Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prudential Jennison is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prudential Jennison is generally in the same direction as the market. If Beta > 1 Prudential Jennison moves generally in the same direction as, but more than the movement of the benchmark.

Prudential Jennison Technical Analysis Modules

Most technical analysis of Prudential Jennison help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Prudential from various momentum indicators to cycle indicators. When you analyze Prudential charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Mutual Fund Overview, Methodology & Data Sources

The fund overview for Prudential Jennison summarizes mandate, holdings profile, and risk characteristics. The fund has exposure to PGIM Funds, Large Growth Funds, Foreign Large Growth Funds. The current allocation is approximately 92.0% equities and 8.0% cash. It is classified under Foreign Large Growth within the PGIM family.

Methodology

Unless otherwise specified, data for Prudential Jennison International is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Prudential Jennison International market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. Assumptions: We primarily rely on public fund disclosures, holdings reports, and market data feeds, including disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR. Data is normalized for analytical consistency across reporting formats. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Research Sources

Prudential Jennison International may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board

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Tracking Prudential Jennison inside a portfolio is useful because individual winners can still weaken diversification or distort overall risk targets. A disciplined tracking process turns performance data into better decisions instead of more noise.

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Prudential Jennison pair trading

Pair trading with Prudential Jennison can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

Prudential Jennison Pair Trading

Prudential Jennison International Pair Trading Analysis

The ability to find closely correlated positions to Prudential Jennison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential Jennison when you sell it.
The correlation of Prudential Jennison is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1.
Correlation analysis and pair trading evaluation for Prudential Jennison can be used to frame hedging context. The approach can be applied within sectors or across broader universes.
Pair CorrelationCorrelation Matching