Prudential Financial 5950 Stock Market Value
| PRH Stock | USD 25.83 0.23 0.90% |
| Symbol | Prudential |
Prudential Financial 5950 Price To Book Ratio
Is Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prudential Financial. If investors know Prudential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prudential Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Prudential Financial 5950 is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential Financial's value that differs from its market value or its book value, called intrinsic value, which is Prudential Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prudential Financial's market value can be influenced by many factors that don't directly affect Prudential Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prudential Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Prudential Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Prudential Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Prudential Financial.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Prudential Financial on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Prudential Financial 5950 or generate 0.0% return on investment in Prudential Financial over 180 days. Prudential Financial is related to or competes with Reinsurance Group, ATT, Affiliated Managers, Entergy New, and Entergy New. Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial pro... More
Prudential Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Prudential Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Prudential Financial 5950 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 2.42 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 0.8497 |
Prudential Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Financial's standard deviation. In reality, there are many statistical measures that can use Prudential Financial historical prices to predict the future Prudential Financial's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.38) |
Prudential Financial 5950 Backtested Returns
Prudential Financial 5950 maintains Sharpe Ratio (i.e., Efficiency) of -0.0251, which implies the firm had a -0.0251% return per unit of risk over the last 3 months. Prudential Financial 5950 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prudential Financial's Risk Adjusted Performance of (0.03), variance of 0.3088, and Coefficient Of Variation of (3,038) to confirm the risk estimate we provide. The company holds a Beta of 0.0745, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Financial is expected to be smaller as well. At this point, Prudential Financial 5950 has a negative expected return of -0.0141%. Please make sure to check Prudential Financial's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Prudential Financial 5950 performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
Prudential Financial 5950 has modest reverse predictability. Overlapping area represents the amount of predictability between Prudential Financial time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prudential Financial 5950 price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Prudential Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Prudential Financial 5950 lagged returns against current returns
Autocorrelation, which is Prudential Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Prudential Financial's stock expected returns. We can calculate the autocorrelation of Prudential Financial returns to help us make a trade decision. For example, suppose you find that Prudential Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Prudential Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Prudential Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prudential Financial stock over time.
Current vs Lagged Prices |
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Prudential Financial Lagged Returns
When evaluating Prudential Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Financial stock have on its future price. Prudential Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Prudential Financial autocorrelation shows the relationship between Prudential Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Prudential Financial 5950.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Prudential Financial 5950 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prudential Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prudential Financial 5950 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prudential Financial 5950 Stock:Check out Prudential Financial Correlation, Prudential Financial Volatility and Prudential Financial Alpha and Beta module to complement your research on Prudential Financial. For more detail on how to invest in Prudential Stock please use our How to Invest in Prudential Financial guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Prudential Financial technical stock 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, stock market cycles, or different charting patterns.