Prudential Plc (Germany) Market Value
| PRU Stock | EUR 13.40 0.10 0.74% |
| Symbol | Prudential |
Prudential Plc '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 Plc'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 Plc.
| 01/22/2024 |
| 01/11/2026 |
If you would invest 0.00 in Prudential Plc on January 22, 2024 and sell it all today you would earn a total of 0.00 from holding Prudential plc or generate 0.0% return on investment in Prudential Plc over 720 days. Prudential Plc is related to or competes with EUROBANK, CREDIT AGRICOLE, Westlake Chemical, TFS FINANCIAL, AIR PRODCHEMICALS, SILICON LABORATOR, and REVO INSURANCE. More
Prudential Plc 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 Plc'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 plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0975 | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.5 |
Prudential Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Plc's standard deviation. In reality, there are many statistical measures that can use Prudential Plc historical prices to predict the future Prudential Plc's volatility.| Risk Adjusted Performance | 0.1268 | |||
| Jensen Alpha | 0.2064 | |||
| Total Risk Alpha | 0.0619 | |||
| Sortino Ratio | 0.091 | |||
| Treynor Ratio | 1.17 |
Prudential plc Backtested Returns
Prudential Plc appears to be very steady, given 3 months investment horizon. Prudential plc maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Prudential plc, which you can use to evaluate the volatility of the company. Please evaluate Prudential Plc's Semi Deviation of 1.06, risk adjusted performance of 0.1268, and Coefficient Of Variation of 609.57 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Prudential Plc holds a performance score of 13. The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Plc is expected to be smaller as well. Please check Prudential Plc's semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to make a quick decision on whether Prudential Plc's historical price patterns will revert.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Prudential plc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Prudential Plc time series from 22nd of January 2024 to 16th of January 2025 and 16th of January 2025 to 11th of January 2026. 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 plc price movement. The serial correlation of -0.79 indicates that around 79.0% of current Prudential Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 2.38 |
Prudential plc lagged returns against current returns
Autocorrelation, which is Prudential Plc 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 Plc's stock expected returns. We can calculate the autocorrelation of Prudential Plc returns to help us make a trade decision. For example, suppose you find that Prudential Plc 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 |
| Timeline |
Prudential Plc 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 Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prudential Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Prudential Plc Lagged Returns
When evaluating Prudential Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Plc stock have on its future price. Prudential Plc 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 Plc autocorrelation shows the relationship between Prudential Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Prudential plc.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetOther Information on Investing in Prudential Stock
Prudential Plc financial ratios help investors to determine whether Prudential Stock 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 Plc security.