Prudential Plc Adr Stock Momentum Indicators Average Directional Movement Index Rating
| PUK Stock | USD 16.71 0.41 2.39% |
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Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Prudential PLC ADR is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Prudential PLC ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.
Prudential PLC Technical Analysis Modules
Most technical analysis of Prudential PLC help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Prudential from various momentum indicators to cycle indicators. When you analyze Prudential charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Prudential PLC Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prudential PLC ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prudential PLC ADR based on widely used predictive technical indicators. In general, we focus on analyzing Prudential Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prudential PLC's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Prudential PLC's intrinsic value. In addition to deriving basic predictive indicators for Prudential PLC, we also check how macroeconomic factors affect Prudential PLC price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2018 | 2019 | 2023 | 2024 (projected) | PTB Ratio | 2.81 | 2.55 | 2.29 | 2.47 | Price To Sales Ratio | 1.73 | 0.53 | 0.48 | 0.46 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prudential PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Prudential PLC ADR pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prudential PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prudential PLC will appreciate offsetting losses from the drop in the long position's value.Prudential PLC Pair Trading
Prudential PLC ADR Pair Trading Analysis
The ability to find closely correlated positions to Prudential PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prudential PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prudential PLC ADR to buy it.
The correlation of Prudential PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prudential PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prudential PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prudential PLC. If investors know Prudential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prudential PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Dividend Share 0.211 | Earnings Share 0.64 | Revenue Per Share 1.9965 | Quarterly Revenue Growth (0.02) |
The market value of Prudential PLC ADR is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential PLC's value that differs from its market value or its book value, called intrinsic value, which is Prudential PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prudential PLC's market value can be influenced by many factors that don't directly affect Prudential PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.