Prudential Real Estate Fund Price on October 24, 2024
PJEQX Fund | USD 15.56 0.03 0.19% |
Below is the normalized historical share price chart for Prudential Real Estate extending back to May 26, 2017. 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 Real stands at 15.56, as last reported on the 27th of December, with the highest price reaching 15.56 and the lowest price hitting 15.56 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 Real Estate maintains Sharpe Ratio (i.e., Efficiency) of -0.0723, which implies the entity had a -0.0723% return per unit of risk over the last 3 months. Prudential Real Estate exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prudential Real's Coefficient Of Variation of (1,257), risk adjusted performance of (0.06), and Variance of 0.9567 to confirm the risk estimate we provide.
Prudential Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Prudential |
Sharpe Ratio = -0.0723
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Estimated Market Risk
1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prudential Real is not performing at its full potential. However, 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 Real by adding Prudential Real to a well-diversified portfolio.
Prudential Real Valuation on October 24, 2024
It is possible to determine the worth of Prudential Real on a given historical date. On October 24, 2024 Prudential was worth 16.21 at the beginning of the trading date compared to the closed value of 16.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prudential Real mutual fund. Still, in general, we apply an absolute valuation method to find Prudential Real's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Prudential Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prudential Real's related companies.
Open | High | Low | Close | Volume | |
16.25 | 16.25 | 16.25 | 16.25 | 1.00 | |
10/24/2024 | 16.21 | 16.21 | 16.21 | 16.21 | 1.00 |
16.14 | 16.14 | 16.14 | 16.14 | 1.00 |
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Prudential Real Trading Date Momentum on October 24, 2024
On October 25 2024 Prudential Real Estate was traded for 16.14 at the closing time. The highest daily price throughout the period was 16.14 and the lowest price was 16.14 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.43% . The trading delta at closing time to current closing price is 1.85% . |
Prudential Real Estate Fundamentals Correlations and Trends
By evaluating Prudential Real's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prudential Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prudential financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prudential Real Mutual Fund history
Prudential Real 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 Real Estate 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 Real stock prices may prove useful in developing a viable investing in Prudential Real
The fund normally invests at least 80 percent of its investable assets in the equity-related securities of real estate companies operating in the United States, principally real estate investment trusts and other real estate securities. It may invest up to 20 percent of its investable assets in other securities, including equity-related securities of foreign real estate companies. It is non-diversified.
Prudential Real Mutual Fund Technical Analysis
Prudential Real 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 Real Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Prudential Real Estate 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 Real December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Prudential Real 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 Real shares will generate the highest return on investment. By undertsting and applying Prudential Real mutual fund market strength indicators, traders can identify Prudential Real Estate entry and exit signals to maximize returns
Prudential Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prudential Real'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 | (0.06) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | (1.65) |
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Other Information on Investing in Prudential Mutual Fund
Prudential Real 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 Real security.
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