Prudential 6040 Allocation Fund Price History

PALDX Fund  USD 14.39  0.01  0.07%   
Below is the normalized historical share price chart for Prudential 6040 Allocation extending back to September 13, 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 60/40 stands at 14.39, as last reported on the 4th of December, with the highest price reaching 14.39 and the lowest price hitting 14.39 during the day.
 
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If you're considering investing in PRUDENTIAL Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider PRUDENTIAL Mutual Fund to be very steady. Prudential 6040 Allo maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prudential 6040 Allo, which you can use to evaluate the volatility of the fund. Please check Prudential 60/40's Semi Deviation of 0.3729, coefficient of variation of 769.17, and Risk Adjusted Performance of 0.0924 to confirm if the risk estimate we provide is consistent with the expected return of 0.0812%.
  
PRUDENTIAL Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1885

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Estimated Market Risk

 0.43
  actual daily
3
97% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Prudential 60/40 is performing at about 14% 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 Prudential 60/40 by adding it to a well-diversified portfolio.

Prudential 60/40 Mutual Fund Price History Chart

There are several ways to analyze Prudential 6040 Allocation Fund price data. The simplest method is using a basic PRUDENTIAL candlestick price chart, which shows Prudential 60/40 price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 2, 202414.4
Lowest PriceSeptember 10, 202413.66

Prudential 60/40 December 4, 2024 Mutual Fund Price Synopsis

Various analyses of Prudential 60/40's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell PRUDENTIAL Mutual Fund. It can be used to describe the percentage change in the price of Prudential 60/40 from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of PRUDENTIAL Mutual Fund.
Prudential 60/40 Price Rate Of Daily Change 1.00 

Prudential 60/40 December 4, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Prudential 6040 Allocation Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Prudential 60/40 intraday prices and daily technical indicators to check the level of noise trading in Prudential 6040 Allocation Fund and then apply it to test your longer-term investment strategies against PRUDENTIAL.

PRUDENTIAL Mutual Fund Price History Data

The price series of Prudential 60/40 for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 0.86 with a coefficient of variation of 1.36. The price distribution for the period has arithmetic mean of 14.03. The median price for the last 90 days is 14.03. The company had dividends distributed to its stock-holders on December 19, 2019.
OpenHighLowCloseVolume
12/04/2024
 14.39  14.39  14.39  14.39 
12/03/2024 14.39  14.39  14.39  14.39  1.00 
12/02/2024 14.40  14.40  14.40  14.40  1.00 
11/29/2024 14.37  14.37  14.37  14.37  1.00 
11/27/2024 14.30  14.30  14.30  14.30  1.00 
11/26/2024 14.31  14.31  14.31  14.31  1.00 
11/25/2024 14.28  14.28  14.28  14.28  1.00 
11/22/2024 14.21  14.21  14.21  14.21  1.00 
11/21/2024 14.17  14.17  14.17  14.17  1.00 
11/20/2024 14.13  14.13  14.13  14.13  1.00 
11/19/2024 14.15  14.15  14.15  14.15  1.00 
11/18/2024 14.09  14.09  14.09  14.09  1.00 
11/15/2024 14.06  14.06  14.06  14.06  1.00 
11/14/2024 14.18  14.18  14.18  14.18  1.00 
11/13/2024 14.24  14.24  14.24  14.24  1.00 
11/12/2024 14.24  14.24  14.24  14.24  1.00 
11/11/2024 14.29  14.29  14.29  14.29  1.00 
11/08/2024 14.29  14.29  14.29  14.29  1.00 
11/07/2024 14.24  14.24  14.24  14.24  1.00 
11/06/2024 14.14  14.14  14.14  14.14  1.00 
11/05/2024 13.97  13.97  13.97  13.97  1.00 
11/04/2024 13.86  13.86  13.86  13.86  1.00 
11/01/2024 13.85  13.85  13.85  13.85  1.00 
10/31/2024 13.84  13.84  13.84  13.84  1.00 
10/30/2024 14.00  14.00  14.00  14.00  1.00 
10/29/2024 14.02  14.02  14.02  14.02  1.00 
10/28/2024 14.02  14.02  14.02  14.02  1.00 
10/25/2024 14.00  14.00  14.00  14.00  1.00 
10/24/2024 14.02  14.02  14.02  14.02  1.00 
10/23/2024 13.99  13.99  13.99  13.99  1.00 
10/22/2024 14.09  14.09  14.09  14.09  1.00 
10/21/2024 14.10  14.10  14.10  14.10  1.00 
10/18/2024 14.16  14.16  14.16  14.16  1.00 
10/17/2024 14.12  14.12  14.12  14.12  1.00 
10/16/2024 14.15  14.15  14.15  14.15  1.00 
10/15/2024 14.11  14.11  14.11  14.11  1.00 
10/14/2024 14.15  14.15  14.15  14.15  1.00 
10/11/2024 14.09  14.09  14.09  14.09  1.00 
10/10/2024 14.03  14.03  14.03  14.03  1.00 
10/09/2024 14.04  14.04  14.04  14.04  1.00 
10/08/2024 13.99  13.99  13.99  13.99  1.00 
10/07/2024 13.91  13.91  13.91  13.91  1.00 
10/04/2024 13.96  13.96  13.96  13.96  1.00 
10/03/2024 13.96  13.96  13.96  13.96  1.00 
10/02/2024 13.99  13.99  13.99  13.99  1.00 
10/01/2024 14.00  14.00  14.00  14.00  1.00 
09/30/2024 14.06  14.06  14.06  14.06  1.00 
09/27/2024 14.04  14.04  14.04  14.04  1.00 
09/26/2024 14.04  14.04  14.04  14.04  1.00 
09/25/2024 14.00  14.00  14.00  14.00  1.00 
09/24/2024 14.04  14.04  14.04  14.04  1.00 
09/23/2024 14.00  14.00  14.00  14.00  1.00 
09/20/2024 13.99  13.99  13.99  13.99  1.00 
09/19/2024 14.02  14.02  14.02  14.02  1.00 
09/18/2024 13.87  13.87  13.87  13.87  1.00 
09/17/2024 13.91  13.91  13.91  13.91  1.00 
09/16/2024 13.90  13.90  13.90  13.90  1.00 
09/13/2024 13.87  13.87  13.87  13.87  1.00 
09/12/2024 13.81  13.81  13.81  13.81  1.00 
09/11/2024 13.75  13.75  13.75  13.75  1.00 
09/10/2024 13.66  13.66  13.66  13.66  1.00 

About Prudential 60/40 Mutual Fund history

Prudential 60/40 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 6040 Allo 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 60/40 stock prices may prove useful in developing a viable investing in Prudential 60/40
The fund pursues its objective by primarily investing in a portfolio of other mutual funds within the PGIM fund family that provide exposure to equity and fixed income. The investments held by underlying funds that provide exposure to equities will include equity and equity-related securities of large capitalization U.S. companies. underlying funds that provide exposure to fixed income will invest primarily in bonds. Such fixed-income securities may include below investment grade bonds, commonly known as junk bonds.

Prudential 60/40 Mutual Fund Technical Analysis

Prudential 60/40 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.
A focus of Prudential 60/40 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prudential 60/40 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Prudential 60/40 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Prudential 60/40'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.

Other Information on Investing in PRUDENTIAL Mutual Fund

Prudential 60/40 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 60/40 security.
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