Prudential Real Estate Fund Market Value

PRKQX Fund  USD 6.42  0.07  1.10%   
Prudential Real's market value is the price at which a share of Prudential Real stock trades on a public exchange. It measures the collective expectations of Prudential Real Estate investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Prudential Real Estate and determine expected loss or profit from investing in Prudential Real over a given investment horizon. Check out Prudential Real Correlation, Prudential Real Volatility and Prudential Real Alpha and Beta module to complement your research on Prudential Real.
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Please note, there is a significant difference between Prudential Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Real'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 Real '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 Real'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 Real.
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11/06/2022
No Change 0.00  0.0 
In 1 year and 25 days
12/01/2023
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If you would invest  0.00  in Prudential Real on November 6, 2022 and sell it all today you would earn a total of 0.00 from holding Prudential Real Estate or generate 0.0% return on investment in Prudential Real over 390 days. Prudential Real is related to or competes with Vanguard Reit, Vanguard Reit, Dfa Real, Cohen Steers, Cohen Steers, Cohen Steers, and Vanguard Reit. The fund seeks to achieve its investment objective by investing primarily in real estate securities that the subadviser ... More

Prudential Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.

Prudential Real Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Real's standard deviation. In reality, there are many statistical measures that can use Prudential Real historical prices to predict the future Prudential Real's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Prudential Real'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. Please use the tools below to analyze the current value of Prudential Real in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
5.246.427.60
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Intrinsic
Valuation
LowRealHigh
5.166.347.52
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Prudential Real. Your research has to be compared to or analyzed against Prudential Real's peers to derive any actionable benefits. When done correctly, Prudential Real's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Prudential Real Estate.

Prudential Real Estate Backtested Returns

Prudential Real Estate maintains Sharpe Ratio (i.e., Efficiency) of -0.0049, which implies the entity had -0.0049% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Prudential Real Estate exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please check Prudential Real Estate Risk Adjusted Performance of 0.0029, coefficient of variation of (193,155), and Variance of 1.34 to confirm the risk estimate we provide. The fund holds a Beta of 1.2741, 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 Real will likely underperform. Prudential Real Estate exposes twenty different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.50  

Modest predictability

Prudential Real Estate has modest predictability. Overlapping area represents the amount of predictability between Prudential Real time series from 6th of November 2022 to 20th of May 2023 and 20th of May 2023 to 1st of December 2023. 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 Real Estate price movement. The serial correlation of 0.5 indicates that about 50.0% of current Prudential Real price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.06

Prudential Real Estate lagged returns against current returns

Autocorrelation, which is Prudential Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Prudential Real returns to help us make a trade decision. For example, suppose you find that Prudential Real mutual fund 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Prudential Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Real 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 Real mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Prudential Real Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Prudential Real without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Risk-Return Analysis

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Currently Active Assets on Macroaxis

Check out Prudential Real Correlation, Prudential Real Volatility and Prudential Real Alpha and Beta module to complement your research on Prudential Real.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Prudential Mutual Fund analysis

When running Prudential Real's price analysis, check to measure Prudential Real'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 Real is operating at the current time. Most of Prudential Real's value examination focuses on studying past and present price action to predict the probability of Prudential Real'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 Real's price. Additionally, you may evaluate how the addition of Prudential Real to your portfolios can decrease your overall portfolio volatility.
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Prudential Real 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 Real technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prudential Real 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...