Pgim Jennison Technology Fund Market Value

PGKCX Fund  USD 26.76  0.32  1.18%   
Pgim Jennison's market value is the price at which a share of Pgim Jennison trades on a public exchange. It measures the collective expectations of Pgim Jennison Technology investors about its performance. Pgim Jennison is trading at 26.76 as of the 23rd of July 2025; that is 1.18 percent decrease since the beginning of the trading day. The fund's open price was 27.08.
With this module, you can estimate the performance of a buy and hold strategy of Pgim Jennison Technology and determine expected loss or profit from investing in Pgim Jennison over a given investment horizon. Check out Pgim Jennison Correlation, Pgim Jennison Volatility and Pgim Jennison Alpha and Beta module to complement your research on Pgim Jennison.
Symbol

Please note, there is a significant difference between Pgim Jennison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pgim Jennison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pgim Jennison'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.

Pgim Jennison 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pgim Jennison's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pgim Jennison.
0.00
04/24/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/23/2025
0.00
If you would invest  0.00  in Pgim Jennison on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Pgim Jennison Technology or generate 0.0% return on investment in Pgim Jennison over 90 days. Pgim Jennison is related to or competes with Smallcap Fund, Ab Small, Guidemark Smallmid, Ab Small, Nt International, and Needham Small. The fund normally invests at least 80 percent of the funds investable assets in equity and equity-related securities of ... More

Pgim Jennison Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pgim Jennison's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pgim Jennison Technology upside and downside potential and time the market with a certain degree of confidence.

Pgim Jennison Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pgim Jennison's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pgim Jennison's standard deviation. In reality, there are many statistical measures that can use Pgim Jennison historical prices to predict the future Pgim Jennison's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pgim Jennison's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
25.9927.0828.17
Details
Intrinsic
Valuation
LowRealHigh
23.6524.7429.79
Details
Naive
Forecast
LowNextHigh
25.6626.7527.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.0026.8131.63
Details

Pgim Jennison Technology Backtested Returns

Pgim Jennison appears to be very steady, given 3 months investment horizon. Pgim Jennison Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the entity had a 0.34 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pgim Jennison Technology, which you can use to evaluate the volatility of the fund. Please evaluate Pgim Jennison's Risk Adjusted Performance of 0.2577, semi deviation of 0.7717, and Coefficient Of Variation of 355.06 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.0881, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pgim Jennison are expected to decrease at a much lower rate. During the bear market, Pgim Jennison is likely to outperform the market.

Auto-correlation

    
  0.92  

Excellent predictability

Pgim Jennison Technology has excellent predictability. Overlapping area represents the amount of predictability between Pgim Jennison time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pgim Jennison Technology price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Pgim Jennison price fluctuation can be explain by its past prices.
Correlation Coefficient0.92
Spearman Rank Test0.83
Residual Average0.0
Price Variance0.46

Pgim Jennison Technology lagged returns against current returns

Autocorrelation, which is Pgim Jennison mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pgim Jennison's mutual fund expected returns. We can calculate the autocorrelation of Pgim Jennison returns to help us make a trade decision. For example, suppose you find that Pgim Jennison has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Pgim Jennison regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pgim Jennison mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pgim Jennison mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pgim Jennison mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Pgim Jennison Lagged Returns

When evaluating Pgim Jennison's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pgim Jennison mutual fund have on its future price. Pgim Jennison autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pgim Jennison autocorrelation shows the relationship between Pgim Jennison mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pgim Jennison Technology.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Pgim Mutual Fund

Pgim Jennison financial ratios help investors to determine whether Pgim 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 Pgim with respect to the benefits of owning Pgim Jennison security.
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