Prudential Utility Fund Price on March 22, 2023
| PRUAX Fund | USD 16.54 0.04 0.24% |
Below is the normalized historical share price chart for Prudential Utility Fund extending back to April 16, 1990. 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 Utility stands at 16.54, as last reported on the 11th of December 2024, with the highest price reaching 16.54 and the lowest price hitting 16.54 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 Utility maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prudential Utility, which you can use to evaluate the volatility of the fund. Please check Prudential Utility's Coefficient Of Variation of 764.32, risk adjusted performance of 0.0979, and Semi Deviation of 0.8976 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Prudential Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Prudential |
Sharpe Ratio = 0.1039
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PRUAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Prudential Utility is performing at about 8% 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 Utility by adding it to a well-diversified portfolio.
Prudential Utility Valuation on March 22, 2023
It is possible to determine the worth of Prudential Utility on a given historical date. On March 22, 2023 Prudential was worth 12.29 at the beginning of the trading date compared to the closed value of 12.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prudential Utility mutual fund. Still, in general, we apply an absolute valuation method to find Prudential Utility'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 Utility where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prudential Utility's related companies.
| Open | High | Low | Close | Volume | |
| 12.53 | 12.53 | 12.53 | 12.53 | 1.00 | |
03/22/2023 | 12.29 | 12.29 | 12.29 | 12.29 | 1.00 |
| 12.16 | 12.16 | 12.16 | 12.16 | 1.00 |
| Backtest Prudential Utility | | | Prudential Utility History | | | Prudential Utility Valuation | Previous | Next |
Prudential Utility Trading Date Momentum on March 22, 2023
| On March 23 2023 Prudential Utility Fund was traded for 12.16 at the closing time. The highest daily price throughout the period was 12.16 and the lowest price was 12.16 . There was no trading activity during the period 1.0. Lack of trading volume on 03/23/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.06% . The trading delta at closing time to current closing price is 4.56% . |
Prudential Utility Fundamentals Correlations and Trends
By evaluating Prudential Utility'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 Utility'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 Utility Mutual Fund history
Prudential Utility 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 Utility 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 Utility stock prices may prove useful in developing a viable investing in Prudential Utility
The fund normally invests at least 80 percent of its investable assets in equity and equity-related and investment-grade debt securities of utility companies. The term investable assets refers to the funds net assets plus any borrowings for investment purposes. The funds investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It is non-diversified.
Prudential Utility Mutual Fund Technical Analysis
Prudential Utility 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 Utility Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Prudential Utility 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 Utility December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Prudential Utility 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 Utility shares will generate the highest return on investment. By undertsting and applying Prudential Utility mutual fund market strength indicators, traders can identify Prudential Utility Fund entry and exit signals to maximize returns
Prudential Utility Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prudential Utility'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 | 0.0979 | |||
| Jensen Alpha | 0.0975 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0166 | |||
| Treynor Ratio | 0.435 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Prudential Mutual Fund
Prudential Utility 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 Utility security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |