Prudential Core Conservative Fund Market Value

PQCNX Fund  USD 8.59  0.02  0.23%   
Prudential Core's market value is the price at which a share of Prudential Core trades on a public exchange. It measures the collective expectations of Prudential Core Conservative investors about its performance. Prudential Core is trading at 8.59 as of the 15th of March 2025; that is 0.23 percent decrease since the beginning of the trading day. The fund's open price was 8.61.
With this module, you can estimate the performance of a buy and hold strategy of Prudential Core Conservative and determine expected loss or profit from investing in Prudential Core over a given investment horizon. Check out Prudential Core Correlation, Prudential Core Volatility and Prudential Core Alpha and Beta module to complement your research on Prudential Core.
Symbol

Please note, there is a significant difference between Prudential Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Prudential Core '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 Core's mutual fund 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 Core.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Prudential Core on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Prudential Core Conservative or generate 0.0% return on investment in Prudential Core over 90 days. Prudential Core is related to or competes with Aam Select, and Ab Select. The fund invests at least 80 percent of its investable assets in bonds More

Prudential Core 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 Core's mutual fund 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 Core Conservative upside and downside potential and time the market with a certain degree of confidence.

Prudential Core Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Core's standard deviation. In reality, there are many statistical measures that can use Prudential Core historical prices to predict the future Prudential Core's volatility.
Hype
Prediction
LowEstimatedHigh
8.278.598.91
Details
Intrinsic
Valuation
LowRealHigh
8.258.578.89
Details

Prudential Core Cons Backtested Returns

At this stage we consider Prudential Mutual Fund to be very steady. Prudential Core Cons maintains Sharpe Ratio (i.e., Efficiency) of 0.0671, which implies the entity had a 0.0671 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Prudential Core Cons, which you can use to evaluate the volatility of the fund. Please check Prudential Core's Variance of 0.1048, risk adjusted performance of (0.02), and Coefficient Of Variation of (10,761) to confirm if the risk estimate we provide is consistent with the expected return of 0.0216%. The fund holds a Beta of 0.0446, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Core is expected to be smaller as well.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Prudential Core Conservative has very weak reverse predictability. Overlapping area represents the amount of predictability between Prudential Core time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Core Cons price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Prudential Core price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test0.21
Residual Average0.0
Price Variance0.01

Prudential Core Cons lagged returns against current returns

Autocorrelation, which is Prudential Core mutual fund'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 Core's mutual fund expected returns. We can calculate the autocorrelation of Prudential Core returns to help us make a trade decision. For example, suppose you find that Prudential Core has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Core 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 Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prudential Core mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Prudential Core Lagged Returns

When evaluating Prudential Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Core mutual fund have on its future price. Prudential Core 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 Core autocorrelation shows the relationship between Prudential Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Prudential Core Conservative.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Prudential Mutual Fund

Prudential Core 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 Core security.
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