Prudential Absolute Return Fund Price History

PADQX Fund  USD 9.12  0.01  0.11%   
Below is the normalized historical share price chart for Prudential Absolute Return extending back to March 30, 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 Absolute stands at 9.12, as last reported on the 29th of November, with the highest price reaching 9.12 and the lowest price hitting 9.12 during the day.
 
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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 Absolute maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Prudential Absolute, which you can use to evaluate the volatility of the fund. Please check Prudential Absolute's Standard Deviation of 0.1312, downside deviation of 0.1159, and Risk Adjusted Performance of 0.1285 to confirm if the risk estimate we provide is consistent with the expected return of 0.0229%.
  
Prudential Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1862

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Estimated Market Risk

 0.12
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Prudential Absolute is performing at about 14% 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 Absolute by adding it to a well-diversified portfolio.

Prudential Absolute Mutual Fund Price History Chart

There are several ways to analyze Prudential Absolute Return Fund price data. The simplest method is using a basic Prudential candlestick price chart, which shows Prudential Absolute price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 8, 20249.13
Lowest PriceSeptember 6, 20248.97

Prudential Absolute November 29, 2024 Mutual Fund Price Synopsis

Various analyses of Prudential Absolute's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Prudential Mutual Fund. It can be used to describe the percentage change in the price of Prudential Absolute from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Prudential Mutual Fund.
Prudential Absolute Price Action Indicator(0.01)
Prudential Absolute Price Rate Of Daily Change 1.00 

Prudential Absolute November 29, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Prudential Absolute Return Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Prudential Absolute intraday prices and daily technical indicators to check the level of noise trading in Prudential Absolute Return Fund and then apply it to test your longer-term investment strategies against Prudential.

Prudential Mutual Fund Price History Data

The price series of Prudential Absolute for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 0.19 with a coefficient of variation of 0.64. The price distribution for the period has arithmetic mean of 9.05. The median price for the last 90 days is 9.06. The company had dividends distributed to its stock-holders on 30th of April 2020.
OpenHighLowCloseVolume
11/29/2024
 9.12  9.12  9.12  9.12 
11/27/2024 9.12  9.12  9.12  9.12  1.00 
11/26/2024 9.13  9.13  9.13  9.13  1.00 
11/25/2024 9.13  9.13  9.13  9.13  1.00 
11/22/2024 9.13  9.13  9.13  9.13  1.00 
11/21/2024 9.13  9.13  9.13  9.13  1.00 
11/20/2024 9.13  9.13  9.13  9.13  1.00 
11/19/2024 9.12  9.12  9.12  9.12  1.00 
11/18/2024 9.12  9.12  9.12  9.12  1.00 
11/15/2024 9.12  9.12  9.12  9.12  1.00 
11/14/2024 9.12  9.12  9.12  9.12  1.00 
11/13/2024 9.13  9.13  9.13  9.13  1.00 
11/12/2024 9.13  9.13  9.13  9.13  1.00 
11/11/2024 9.13  9.13  9.13  9.13  1.00 
11/08/2024 9.13  9.13  9.13  9.13  1.00 
11/07/2024 9.12  9.12  9.12  9.12  1.00 
11/06/2024 9.12  9.12  9.12  9.12  1.00 
11/05/2024 9.11  9.11  9.11  9.11  1.00 
11/04/2024 9.11  9.11  9.11  9.11  1.00 
11/01/2024 9.10  9.10  9.10  9.10  1.00 
10/31/2024 9.11  9.11  9.11  9.11  1.00 
10/30/2024 9.06  9.06  9.06  9.06  1.00 
10/29/2024 9.07  9.07  9.07  9.07  1.00 
10/28/2024 9.07  9.07  9.07  9.07  1.00 
10/25/2024 9.06  9.06  9.06  9.06  1.00 
10/24/2024 9.06  9.06  9.06  9.06  1.00 
10/23/2024 9.06  9.06  9.06  9.06  1.00 
10/22/2024 9.06  9.06  9.06  9.06  1.00 
10/21/2024 9.06  9.06  9.06  9.06  1.00 
10/18/2024 9.06  9.06  9.06  9.06  1.00 
10/17/2024 9.06  9.06  9.06  9.06  1.00 
10/16/2024 9.06  9.06  9.06  9.06  1.00 
10/15/2024 9.06  9.06  9.06  9.06  1.00 
10/14/2024 9.07  9.07  9.07  9.07  1.00 
10/11/2024 9.05  9.05  9.05  9.05  1.00 
10/10/2024 9.06  9.06  9.06  9.06  1.00 
10/09/2024 9.06  9.06  9.06  9.06  1.00 
10/08/2024 9.06  9.06  9.06  9.06  1.00 
10/07/2024 9.06  9.06  9.06  9.06  1.00 
10/04/2024 9.06  9.06  9.06  9.06  1.00 
10/03/2024 9.05  9.05  9.05  9.05  1.00 
10/02/2024 9.04  9.04  9.04  9.04  1.00 
10/01/2024 9.04  9.04  9.04  9.04  1.00 
09/30/2024 9.05  9.05  9.05  9.05  1.00 
09/27/2024 9.00  9.00  9.00  9.00  1.00 
09/26/2024 9.00  9.00  9.00  9.00  1.00 
09/25/2024 9.00  9.00  9.00  9.00  1.00 
09/24/2024 9.00  9.00  9.00  9.00  1.00 
09/23/2024 9.00  9.00  9.00  9.00  1.00 
09/20/2024 9.00  9.00  9.00  9.00  1.00 
09/19/2024 9.01  9.01  9.01  9.01  1.00 
09/18/2024 8.99  8.99  8.99  8.99  1.00 
09/17/2024 8.99  8.99  8.99  8.99  1.00 
09/16/2024 8.98  8.98  8.98  8.98  1.00 
09/13/2024 8.98  8.98  8.98  8.98  1.00 
09/12/2024 8.98  8.98  8.98  8.98  1.00 
09/11/2024 8.98  8.98  8.98  8.98  1.00 
09/10/2024 8.97  8.97  8.97  8.97  1.00 
09/09/2024 8.98  8.98  8.98  8.98  1.00 
09/06/2024 8.97  8.97  8.97  8.97  1.00 
09/05/2024 8.98  8.98  8.98  8.98  1.00 

About Prudential Absolute Mutual Fund history

Prudential Absolute 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 Absolute 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 Absolute stock prices may prove useful in developing a viable investing in Prudential Absolute
The fund invests at least 80 percent of its investable assets in debt securities andor investments that provide exposure to bonds. It may invest up to 50 percent of its total assets in debt securities that are rated below investment grade or, if unrated, of comparable quality at the time of purchase as determined by the funds subadviser.

Prudential Absolute Mutual Fund Technical Analysis

Prudential Absolute 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.
A focus of Prudential Absolute technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prudential Absolute trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Prudential Absolute Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Prudential Absolute'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.

Other Information on Investing in Prudential Mutual Fund

Prudential Absolute 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 Absolute security.
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