Prudential Utility Fund Technical Analysis
| PRUZX Fund | USD 17.42 0.11 0.63% |
As of the 24th of November, Prudential Utility holds the Risk Adjusted Performance of 0.1553, coefficient of variation of 502.04, and Semi Deviation of 0.7624. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prudential Utility, as well as the relationship between them.
Prudential Utility Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prudential, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrudentialPrudential |
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.
Prudential Utility Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Prudential Utility volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Prudential Utility Trend Analysis
Use this graph to draw trend lines for Prudential Utility Fund. You can use it to identify possible trend reversals for Prudential Utility as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Prudential Utility price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Prudential Utility Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Prudential Utility Fund applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Prudential Utility Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 20.79, which is the sum of squared deviations for the predicted Prudential Utility price change compared to its average price change.About Prudential Utility Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Prudential Utility Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Prudential Utility Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Prudential Utility price pattern first instead of the macroeconomic environment surrounding Prudential Utility. By analyzing Prudential Utility's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Prudential Utility's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Prudential Utility specific price patterns or momentum indicators. Please read more on our technical analysis page.
Prudential Utility November 24, 2024 Technical Indicators
Most technical analysis of Prudential help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Prudential from various momentum indicators to cycle indicators. When you analyze Prudential charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1553 | |||
| Market Risk Adjusted Performance | 0.6915 | |||
| Mean Deviation | 0.8124 | |||
| Semi Deviation | 0.7624 | |||
| Downside Deviation | 0.9715 | |||
| Coefficient Of Variation | 502.04 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.05 | |||
| Information Ratio | 0.0715 | |||
| Jensen Alpha | 0.1596 | |||
| Total Risk Alpha | 0.0327 | |||
| Sortino Ratio | 0.0753 | |||
| Treynor Ratio | 0.6815 | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.92 | |||
| Downside Variance | 0.9439 | |||
| Semi Variance | 0.5812 | |||
| Expected Short fall | (0.97) | |||
| Skewness | 0.0278 | |||
| Kurtosis | 0.5251 |
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.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |