Prudential Plc (Mexico) Market Value

PUKN Stock  MXN 439.00  0.00  0.00%   
Prudential Plc's market value is the price at which a share of Prudential Plc trades on a public exchange. It measures the collective expectations of Prudential plc investors about its performance. Prudential Plc is trading at 439.00 as of the 23rd of December 2024; that is No Change since the beginning of the trading day. The stock's open price was 439.0.
With this module, you can estimate the performance of a buy and hold strategy of Prudential plc and determine expected loss or profit from investing in Prudential Plc over a given investment horizon. Check out Prudential Plc Correlation, Prudential Plc Volatility and Prudential Plc Alpha and Beta module to complement your research on Prudential Plc.
Symbol

Please note, there is a significant difference between Prudential Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Plc'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 Plc '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 Plc's stock 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 Plc.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/23/2024
0.00
If you would invest  0.00  in Prudential Plc on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Prudential plc or generate 0.0% return on investment in Prudential Plc over 720 days. Prudential Plc is related to or competes with FibraHotel, Walmart, Grupo Profuturo, Grupo Herdez, Netflix, and Cognizant Technology. Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management soluti... More

Prudential Plc 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 Plc's stock 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 plc upside and downside potential and time the market with a certain degree of confidence.

Prudential Plc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Plc's standard deviation. In reality, there are many statistical measures that can use Prudential Plc historical prices to predict the future Prudential Plc's volatility.
Hype
Prediction
LowEstimatedHigh
439.00439.00439.00
Details
Intrinsic
Valuation
LowRealHigh
439.00439.00439.00
Details

Prudential plc Backtested Returns

We have found three technical indicators for Prudential plc, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Prudential Plc are completely uncorrelated.

Auto-correlation

    
  0.12  

Insignificant predictability

Prudential plc has insignificant predictability. Overlapping area represents the amount of predictability between Prudential Plc time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 2024. 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 plc price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Prudential Plc price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.99
Residual Average0.0
Price Variance0.0

Prudential plc lagged returns against current returns

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

Prudential Plc Lagged Returns

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

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Additional Tools for Prudential Stock Analysis

When running Prudential Plc's price analysis, check to measure Prudential Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prudential Plc is operating at the current time. Most of Prudential Plc's value examination focuses on studying past and present price action to predict the probability of Prudential Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prudential Plc's price. Additionally, you may evaluate how the addition of Prudential Plc to your portfolios can decrease your overall portfolio volatility.