Prudential Balanced Fund Price on November 24, 6024
| PABFX Fund | USD 19.10 0.06 0.32% |
Below is the normalized historical share price chart for Prudential Balanced Fund extending back to August 13, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Prudential Balanced stands at 19.10, as last reported on the 12th of December 2024, with the highest price reaching 19.10 and the lowest price hitting 19.10 during the day.
If you're considering investing in Prudential Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Prudential Mutual Fund to be very steady. Prudential Balanced maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prudential Balanced, which you can use to evaluate the volatility of the fund. Please check Prudential Balanced's Risk Adjusted Performance of 0.1196, coefficient of variation of 567.72, and Semi Deviation of 0.2754 to confirm if the risk estimate we provide is consistent with the expected return of 0.0515%.
Prudential Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Prudential |
Sharpe Ratio = 0.1261
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| Cash | PABFX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Prudential Balanced is performing at about 9% 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 Prudential Balanced by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Prudential Balanced Mutual Fund history
Prudential Balanced investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Prudential is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prudential Balanced will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Prudential Balanced stock prices may prove useful in developing a viable investing in Prudential Balanced
The fund invests in a portfolio of equity, fixed-income and money market securities that is actively managed to capitalize on opportunities created by perceived misvaluation. It will invest 45 percent to 70 percent of its total assets in equity and equity-related securities. Under normal circumstances, 30 percent to 55 percent of the funds total assets are invested in fixed income securities. It may invest up to 15 percent of its total assets in equity and equity-related securities of small companies.
Prudential Balanced Mutual Fund Technical Analysis
Prudential Balanced technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Prudential Balanced Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Prudential Balanced Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Prudential Balanced December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Prudential Balanced mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prudential Balanced shares will generate the highest return on investment. By undertsting and applying Prudential Balanced mutual fund market strength indicators, traders can identify Prudential Balanced Fund entry and exit signals to maximize returns
Prudential Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prudential Balanced's price direction in advance. Along with the technical and fundamental analysis of Prudential Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prudential 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 | 0.1196 | |||
| Jensen Alpha | 0.0134 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.1457 |
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Other Information on Investing in Prudential Mutual Fund
Prudential Balanced 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 Balanced security.
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