Jennison Natural Resources Fund Price on December 2, 2024
| PNRCX Fund | USD 41.13 0.36 0.87% |
Below is the normalized historical share price chart for Jennison Natural Resources extending back to March 13, 2000. 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 Jennison Natural stands at 41.13, as last reported on the 11th of December 2024, with the highest price reaching 41.13 and the lowest price hitting 41.13 during the day.
If you're considering investing in Jennison Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Jennison Mutual Fund to be very steady. Jennison Natural Res holds Efficiency (Sharpe) Ratio of 0.0555, which attests that the entity had a 0.0555% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jennison Natural Res, which you can use to evaluate the volatility of the entity. Please check out Jennison Natural's Market Risk Adjusted Performance of 0.1705, downside deviation of 1.15, and Risk Adjusted Performance of 0.0635 to validate if the risk estimate we provide is consistent with the expected return of 0.0584%.
Jennison Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jennison |
Sharpe Ratio = 0.0555
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Jennison Natural is performing at about 4% 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 Jennison Natural by adding it to a well-diversified portfolio.
Jennison Natural Valuation on December 2, 2024
It is possible to determine the worth of Jennison Natural on a given historical date. On December 2, 2024 Jennison was worth 42.27 at the beginning of the trading date compared to the closed value of 42.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jennison Natural mutual fund. Still, in general, we apply an absolute valuation method to find Jennison Natural'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 Jennison Natural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jennison Natural's related companies.
| Open | High | Low | Close | Volume | |
| 42.72 | 42.72 | 42.72 | 42.72 | 1.00 | |
12/02/2024 | 42.27 | 42.27 | 42.27 | 42.27 | 1.00 |
| 42.64 | 42.64 | 42.64 | 42.64 | 1.00 |
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Jennison Natural Trading Date Momentum on December 2, 2024
| On December 03 2024 Jennison Natural Resources was traded for 42.64 at the closing time. The highest daily price throughout the period was 42.64 and the lowest price was 42.64 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.88% . The trading delta at closing time to current closing price is 2.70% . |
Jennison Natural Res Fundamentals Correlations and Trends
By evaluating Jennison Natural'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 Jennison Natural's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jennison financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jennison Natural Mutual Fund history
Jennison Natural 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 Jennison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jennison Natural Res 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 Jennison Natural stock prices may prove useful in developing a viable investing in Jennison Natural
The fund normally invests at least 80 percent of investable assets in equity and equity-related securities of natural resource companies and in asset-based securities. Natural resource companies are U.S. and foreign companies that own, explore, mine, process or otherwise develop, or provide goods and services with respect to, natural resources. Asset-based securities are securities, the values of which are related to the market value of a natural resource. The principal type of equity in which the fund invests is common stock.
Jennison Natural Mutual Fund Technical Analysis
Jennison Natural 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
Jennison Natural Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Jennison Natural Resources 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.
Jennison Natural December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Jennison Natural 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 Jennison Natural shares will generate the highest return on investment. By undertsting and applying Jennison Natural mutual fund market strength indicators, traders can identify Jennison Natural Resources entry and exit signals to maximize returns
Jennison Natural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jennison Natural's price direction in advance. Along with the technical and fundamental analysis of Jennison Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jennison 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 | 0.0635 | |||
| Jensen Alpha | 0.0228 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1605 |
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Other Information on Investing in Jennison Mutual Fund
Jennison Natural financial ratios help investors to determine whether Jennison 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 Jennison with respect to the benefits of owning Jennison Natural security.
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