Prudential Public Limited Stock Market Value
| PUK Stock | USD 18.05 0.41 2.32% |
| Symbol | Prudential |
Prudential Public Price To Book Ratio
Is Prudential Public's industry 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 Public. 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 Public 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 0.498 | Dividend Share 0.205 | Earnings Share 1.24 | Revenue Per Share 2.0135 | Quarterly Revenue Growth 0.004 |
The market value of Prudential Public 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 Public's value that differs from its market value or its book value, called intrinsic value, which is Prudential Public'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 Public's market value can be influenced by many factors that don't directly affect Prudential Public'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 Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Public'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 Public '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 Public'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 Public.
| 10/21/2023 |
| 04/18/2024 |
If you would invest 0.00 in Prudential Public on October 21, 2023 and sell it all today you would earn a total of 0.00 from holding Prudential Public Limited or generate 0.0% return on investment in Prudential Public over 180 days. Prudential Public is related to or competes with American Equity, CNO Financial, Jackson Financial, National Western, MetLife Preferred, Jackson Financial, and MetLife Preferred. Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management soluti... More
Prudential Public 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 Public'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 Public Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.27 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.4 |
Prudential Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Public's standard deviation. In reality, there are many statistical measures that can use Prudential Public historical prices to predict the future Prudential Public's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prudential Public'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.
Prudential Public Backtested Returns
Prudential Public maintains Sharpe Ratio (i.e., Efficiency) of -0.089, which implies the firm had a -0.089% return per unit of risk over the last 3 months. Prudential Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prudential Public's Coefficient Of Variation of (772.24), variance of 3.39, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of 1.57, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Prudential Public will likely underperform. Prudential Public has an expected return of -0.16%. Please make sure to check Prudential Public value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Prudential Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Prudential Public Limited has below average predictability. Overlapping area represents the amount of predictability between Prudential Public time series from 21st of October 2023 to 19th of January 2024 and 19th of January 2024 to 18th of April 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 Public price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Prudential Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.09 |
Prudential Public lagged returns against current returns
Autocorrelation, which is Prudential Public 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 Public's stock expected returns. We can calculate the autocorrelation of Prudential Public returns to help us make a trade decision. For example, suppose you find that Prudential Public 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 Public 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 Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prudential Public stock over time.
Current vs Lagged Prices |
| Timeline |
Prudential Public Lagged Returns
When evaluating Prudential Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Public stock have on its future price. Prudential Public 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 Public autocorrelation shows the relationship between Prudential Public stock current value and its past values and can show if there is a momentum factor associated with investing in Prudential Public Limited.
Regressed Prices |
| Timeline |
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Check out Prudential Public Correlation, Prudential Public Volatility and Prudential Public Alpha and Beta module to complement your research on Prudential Public. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Prudential Stock analysis
When running Prudential Public's price analysis, check to measure Prudential Public'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 Public is operating at the current time. Most of Prudential Public's value examination focuses on studying past and present price action to predict the probability of Prudential Public'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 Public's price. Additionally, you may evaluate how the addition of Prudential Public to your portfolios can decrease your overall portfolio volatility.
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Prudential Public technical stock 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, stock market cycles, or different charting patterns.