Prudential Financial Stock Probability of Future Stock Price Finishing Under 117.86
PRU Stock | USD 110.50 0.68 0.61% |
Closest to current price Prudential long CALL Option Payoff at Expiration
Prudential |
Prudential Financial Target Price Odds to finish below 117.86
The tendency of Prudential Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to stay under $ 117.86 after 90 days |
110.50 | 90 days | 117.86 | roughly 97.0 |
Based on a normal probability distribution, the odds of Prudential Financial to stay under $ 117.86 after 90 days from now is roughly 97.0 (This Prudential Financial probability density function shows the probability of Prudential Stock to fall within a particular range of prices over 90 days) . Probability of Prudential Financial price to stay between its current price of $ 110.50 and $ 117.86 at the end of the 90-day period is about 40.34 .
Considering the 90-day investment horizon Prudential Financial has a beta of 0.9 indicating Prudential Financial market returns are related to returns on the market. As the market goes up or down, Prudential Financial is expected to follow. Additionally Prudential Financial has an alpha of 0.0248, implying that it can generate a 0.0248 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Prudential Financial Price Density |
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Predictive Modules for Prudential Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prudential Financial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prudential Financial'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 Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prudential Financial is not an exception. The market had few large corrections towards the Prudential Financial's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Prudential Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prudential Financial within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.90 | |
σ | Overall volatility | 4.35 | |
Ir | Information ratio | 0.01 |
Prudential Financial Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Prudential Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prudential Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.About 59.0% of the company shares are owned by institutional investors | |
On 14th of March 2024 Prudential Financial paid $ 1.3 per share dividend to its current shareholders | |
Latest headline from prnewswire.com: Prudential Financial empowers young changemakers with 15,000 each at Emerging Visionaries Summit |
Prudential Financial Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Prudential Stock often depends not only on the future outlook of the current and potential Prudential Financial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Prudential Financial's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 364.6 M | |
Cash And Short Term Investments | 340.7 B |
Prudential Financial Technical Analysis
Prudential Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Prudential Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prudential Financial. In general, you should focus on analyzing Prudential Stock price patterns and their correlations with different microeconomic environments and drivers.
Prudential Financial Predictive Forecast Models
Prudential Financial's time-series forecasting models is one of many Prudential Financial's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Prudential Financial's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Prudential Financial
Checking the ongoing alerts about Prudential Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prudential Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 59.0% of the company shares are owned by institutional investors | |
On 14th of March 2024 Prudential Financial paid $ 1.3 per share dividend to its current shareholders | |
Latest headline from prnewswire.com: Prudential Financial empowers young changemakers with 15,000 each at Emerging Visionaries Summit |
Check out Prudential Financial Backtesting, Prudential Financial Valuation, Prudential Financial Correlation, Prudential Financial Hype Analysis, Prudential Financial Volatility, Prudential Financial History as well as Prudential Financial Performance. For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Prudential Stock analysis
When running Prudential Financial's price analysis, check to measure Prudential Financial'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 Financial is operating at the current time. Most of Prudential Financial's value examination focuses on studying past and present price action to predict the probability of Prudential Financial'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 Financial's price. Additionally, you may evaluate how the addition of Prudential Financial to your portfolios can decrease your overall portfolio volatility.
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Is Prudential Financial'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 Financial. 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 Financial 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 0.527 | Dividend Share 5 | Earnings Share 6.74 | Revenue Per Share 148.498 | Quarterly Revenue Growth 0.561 |
The market value of Prudential Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Prudential Financial'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 Financial's market value can be influenced by many factors that don't directly affect Prudential Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Financial'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.