Prudential Plc (Germany) Probability of Future Stock Price Finishing Under 27.4
| PRU2 Stock | EUR 16.10 0.50 3.21% |
Prudential |
Prudential Plc Target Price Odds to finish below 27.4
The tendency of Prudential Stock 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 Price | Horizon | Target Price | Odds to stay under € 27.40 after 90 days |
| 16.10 | 90 days | 27.40 | close to 99 |
Based on a normal probability distribution, the odds of Prudential Plc to stay under € 27.40 after 90 days from now is close to 99 (This Prudential plc probability density function shows the probability of Prudential Stock to fall within a particular range of prices over 90 days) . Probability of Prudential plc price to stay between its current price of € 16.10 and € 27.40 at the end of the 90-day period is about 12.48 .
Assuming the 90 days trading horizon Prudential Plc has a beta of 0.8 indicating as returns on the market go up, Prudential Plc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prudential plc will be expected to be much smaller as well. Additionally Prudential plc has an alpha of 0.1038, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Prudential Plc Price Density |
| Price |
Predictive Modules for Prudential Plc
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 plc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Prudential Plc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prudential Plc is not an exception. The market had few large corrections towards the Prudential Plc'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 plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prudential Plc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 0.80 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | 0.04 |
Prudential Plc 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 Plc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prudential plc 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 plc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 26.5 B. Net Loss for the year was (2.04 B) with profit before overhead, payroll, taxes, and interest of 6 B. | |
| Prudential plc has accumulated about 433.61 M in cash with (145 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. |
Prudential Plc Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Prudential Stock often depends not only on the future outlook of the current and potential Prudential Plc's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Prudential Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B |
Prudential Plc Technical Analysis
Prudential Plc's future price can be derived by breaking down and analyzing its technical indicators over time. Prudential Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prudential plc. In general, you should focus on analyzing Prudential Stock price patterns and their correlations with different microeconomic environments and drivers.
Prudential Plc Predictive Forecast Models
Prudential Plc's time-series forecasting models is one of many Prudential Plc's stock 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 Plc'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 stock market movement and maximize returns from investment trading.
Things to note about Prudential plc
Checking the ongoing alerts about Prudential Plc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prudential plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prudential plc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 26.5 B. Net Loss for the year was (2.04 B) with profit before overhead, payroll, taxes, and interest of 6 B. | |
| Prudential plc has accumulated about 433.61 M in cash with (145 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. |
Other Information on Investing in Prudential Stock
Prudential Plc financial ratios help investors to determine whether Prudential Stock 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 Plc security.