Prudential Qma Mid Cap Fund Price on November 4, 2024
| PMVQX Fund | USD 26.37 0.22 0.83% |
Below is the normalized historical share price chart for Prudential Qma Mid Cap extending back to January 18, 2011. 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 Qma stands at 26.37, as last reported on the 11th of December 2024, with the highest price reaching 26.37 and the lowest price hitting 26.37 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 Qma Mid maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prudential Qma Mid, which you can use to evaluate the volatility of the fund. Please check Prudential Qma's Risk Adjusted Performance of 0.1303, coefficient of variation of 555.95, and Semi Deviation of 0.3717 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Prudential Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Prudential |
Sharpe Ratio = 0.173
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Prudential Qma is performing at about 13% 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 Qma by adding it to a well-diversified portfolio.
Prudential Qma Valuation on November 4, 2024
It is possible to determine the worth of Prudential Qma on a given historical date. On November 4, 2024 Prudential was worth 25.12 at the beginning of the trading date compared to the closed value of 25.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prudential Qma mutual fund. Still, in general, we apply an absolute valuation method to find Prudential Qma'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 Prudential Qma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prudential Qma's related companies.
| Open | High | Low | Close | Volume | |
| 25.06 | 25.06 | 25.06 | 25.06 | 1.00 | |
11/04/2024 | 25.12 | 25.12 | 25.12 | 25.12 | 1.00 |
| 25.48 | 25.48 | 25.48 | 25.48 | 1.00 |
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Prudential Qma Trading Date Momentum on November 4, 2024
| On November 05 2024 Prudential Qma Mid Cap was traded for 25.48 at the closing time. The highest daily price throughout the period was 25.48 and the lowest price was 25.48 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.43% . The trading delta at closing time to current closing price is 3.62% . |
Prudential Qma Mid Fundamentals Correlations and Trends
By evaluating Prudential Qma's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prudential Qma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prudential financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prudential Qma Mutual Fund history
Prudential Qma 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 Qma Mid 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 Qma stock prices may prove useful in developing a viable investing in Prudential Qma
The fund normally invests at least 80 percent of its investable assets in equity and equity-related securities of mid-cap companies. The sub-adviser considers mid-cap companies to be companies with market capitalizations within the market cap range of companies included in the Russell Midcap Index . Most of the funds assets will typically be invested in U.S. equity and equity-related securities, including up to 25 percent of its total assets in real estate investment trusts .
Prudential Qma Mutual Fund Technical Analysis
Prudential Qma 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 Qma Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Prudential Qma Mid Cap 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 Qma December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Prudential Qma 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 Qma shares will generate the highest return on investment. By undertsting and applying Prudential Qma mutual fund market strength indicators, traders can identify Prudential Qma Mid Cap entry and exit signals to maximize returns
Prudential Qma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prudential Qma'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 | 0.1303 | |||
| Jensen Alpha | 0.1088 | |||
| Total Risk Alpha | 0.0062 | |||
| Sortino Ratio | 0.0181 | |||
| Treynor Ratio | 0.8625 |
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Other Information on Investing in Prudential Mutual Fund
Prudential Qma 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 Qma security.
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