Prudential Jennison Equity Fund Probability of Future Mutual Fund Price Finishing Under 14.68

PJIQX Fund  USD 14.29  0.08  0.56%   
Prudential Jennison's future price is the expected price of Prudential Jennison instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Prudential Jennison Equity performance during a given time horizon utilizing its historical volatility. Check out Prudential Jennison Backtesting, Portfolio Optimization, Prudential Jennison Correlation, Prudential Jennison Hype Analysis, Prudential Jennison Volatility, Prudential Jennison History as well as Prudential Jennison Performance.
  
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Prudential Jennison Target Price Odds to finish below 14.68

The tendency of Prudential Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay under $ 14.68  after 90 days
 14.29 90 days 14.68 
more than 94.0
Based on a normal probability distribution, the odds of Prudential Jennison to stay under $ 14.68  after 90 days from now is more than 94.0 (This Prudential Jennison Equity probability density function shows the probability of Prudential Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Prudential Jennison price to stay between its current price of $ 14.29  and $ 14.68  at the end of the 90-day period is about 59.48 .
Assuming the 90 days horizon Prudential Jennison has a beta of 0.57 indicating as returns on the market go up, Prudential Jennison average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prudential Jennison Equity will be expected to be much smaller as well. Additionally Prudential Jennison Equity has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Prudential Jennison Price Density   
       Price  

Predictive Modules for Prudential Jennison

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prudential Jennison. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
13.7314.2914.85
Details
Intrinsic
Valuation
LowRealHigh
13.7314.2914.85
Details
Naive
Forecast
LowNextHigh
14.0114.5715.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.2514.2914.32
Details

Prudential Jennison Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Prudential Jennison is not an exception. The market had few large corrections towards the Prudential Jennison's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Prudential Jennison Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prudential Jennison within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.08
β
Beta against Dow Jones0.57
σ
Overall volatility
0.20
Ir
Information ratio -0.23

Prudential Jennison Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Prudential Jennison for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prudential Jennison can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Prudential Jennison generated a negative expected return over the last 90 days
The fund maintains 94.78% of its assets in stocks

Prudential Jennison Technical Analysis

Prudential Jennison's future price can be derived by breaking down and analyzing its technical indicators over time. Prudential Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prudential Jennison Equity. In general, you should focus on analyzing Prudential Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Prudential Jennison Predictive Forecast Models

Prudential Jennison's time-series forecasting models is one of many Prudential Jennison's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Prudential Jennison's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Prudential Jennison

Checking the ongoing alerts about Prudential Jennison for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prudential Jennison help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Prudential Jennison generated a negative expected return over the last 90 days
The fund maintains 94.78% of its assets in stocks

Other Information on Investing in Prudential Mutual Fund

Prudential Jennison 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 Jennison security.
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