Absa Prudential (South Africa) Price on November 1, 2024
| 0P000182JS | 4.29 0.11 2.50% |
If you're considering investing in Absa Fund, it is important to understand the factors that can impact its price. As of today, the current price of Absa Prudential stands at 4.29, as last reported on the 5th of January, with the highest price reaching 4.29 and the lowest price hitting 4.29 during the day. At this point, Absa Prudential is very steady. Absa Prudential secures Sharpe Ratio (or Efficiency) of 0.0195, which signifies that the fund had a 0.0195% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Absa Prudential, which you can use to evaluate the volatility of the entity. Please confirm Absa Prudential's Risk Adjusted Performance of (0.01), mean deviation of 0.2451, and Downside Deviation of 0.6557 to double-check if the risk estimate we provide is consistent with the expected return of 0.0086%.
Absa Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Absa |
Sharpe Ratio = 0.0195
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| Negative Returns | 0P000182JS |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Absa Prudential is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Absa Prudential by adding it to a well-diversified portfolio.
Absa Prudential Valuation on November 1, 2024
It is possible to determine the worth of Absa Prudential on a given historical date. On November 1, 2024 Absa was worth 4.26 at the beginning of the trading date compared to the closed value of 4.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Absa Prudential fund. Still, in general, we apply an absolute valuation method to find Absa Prudential's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Absa Prudential where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Absa Prudential's related companies.
| Open | High | Low | Close | Volume | |
| 4.27 | 4.27 | 4.27 | 4.27 | 1.00 | |
11/01/2024 | 4.26 | 4.26 | 4.26 | 4.26 | 1.00 |
| 4.26 | 4.26 | 4.26 | 4.26 | 1.00 |
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Absa Prudential Trading Date Momentum on November 1, 2024
| On November 04 2024 Absa Prudential was traded for 4.26 at the closing time. The highest price during the trading period was 4.26 and the lowest recorded bid was listed for 4.26 . There was no trading activity during the period 1.0. Lack of trading volume on November 4, 2024 did not affect price variability. The overall trading delta to the current price is 1.64% . |
Price Boundaries
Absa Prudential Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
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Absa Prudential January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Absa Prudential fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Absa Prudential shares will generate the highest return on investment. By undertsting and applying Absa Prudential fund market strength indicators, traders can identify Absa Prudential entry and exit signals to maximize returns
Absa Prudential Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Absa Prudential's price direction in advance. Along with the technical and fundamental analysis of Absa Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Absa to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1365 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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