Prudential Utility Fund Price on September 30, 8024
| PRUZX Fund | USD 17.67 0.02 0.11% |
Below is the normalized historical share price chart for Prudential Utility Fund extending back to January 03, 1997. 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 17.67, as last reported on the 1st of December, with the highest price reaching 17.67 and the lowest price hitting 17.67 during the day.
If you're considering investing in Prudential Mutual Fund, it is important to understand the factors that can impact its price. Prudential Utility appears to be very steady, given 3 months investment horizon. Prudential Utility maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21% 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 evaluate Prudential Utility's Risk Adjusted Performance of 0.1653, coefficient of variation of 469.87, and Semi Deviation of 0.7306 to confirm if our risk estimates are consistent with your expectations.
Prudential Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Prudential |
Sharpe Ratio = 0.2114
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Prudential Utility is performing at about 16% 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.
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 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 1, 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 1, 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 | 0.1653 | |||
| Jensen Alpha | 0.1754 | |||
| Total Risk Alpha | 0.0374 | |||
| Sortino Ratio | 0.0849 | |||
| Treynor Ratio | 0.779 |
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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.
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