Prudential Financial Stock Price on May 2, 2024
| PRU Stock | USD 121.31 1.30 1.08% |
Below is the normalized historical share price chart for Prudential Financial extending back to December 13, 2001. 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 Financial stands at 121.31, as last reported on the 20th of May, with the highest price reaching 121.40 and the lowest price hitting 119.96 during the day.
If you're considering investing in Prudential Stock, it is important to understand the factors that can impact its price. Prudential Financial appears to be very steady, given 3 months investment horizon. Prudential Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Prudential Financial, which you can use to evaluate the volatility of the company. Please evaluate Prudential Financial's Semi Deviation of 0.7151, coefficient of variation of 437.44, and Risk Adjusted Performance of 0.1379 to confirm if our risk estimates are consistent with your expectations.
At this time, Prudential Financial's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 369.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 679 B in 2024. . At this time, Prudential Financial's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 15.91 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 5.50 in 2024. Prudential Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of December 2001 | 200 Day MA 102.5369 | 50 Day MA 113.9206 | Beta 1.346 |
Prudential |
Sharpe Ratio = 0.2115
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Prudential Financial is performing at about 16% 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 Financial by adding it to a well-diversified portfolio.
Price Book 1.417 | Price Sales 0.7303 | Shares Float 357.8 M | Dividend Share 5.05 | Wall Street Target Price 113.4 |
Prudential Financial Main Headline on 2nd of May 2024
FTSE 100 ahead of European peers after dollar boost by independent.co.uk
The blue-chip index closed 50.91 points higher, or 0.63, to 8,172.15.
Prudential Financial Valuation on May 2, 2024
It is possible to determine the worth of Prudential Financial on a given historical date. On May 2, 2024 Prudential was worth 112.65 at the beginning of the trading date compared to the closed value of 111.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prudential Financial stock. Still, in general, we apply an absolute valuation method to find Prudential Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Prudential Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prudential Financial's related companies.
| Open | High | Low | Close | Volume | |
| 109.65 | 113.64 | 108.95 | 112.30 | 2,451,314 | |
05/02/2024 | 112.65 | 113.37 | 110.28 | 111.29 | 1,798,253 |
| 112.21 | 112.79 | 110.61 | 112.26 | 1,028,915 |
| Backtest Prudential Financial | | | Prudential Financial History | | | Prudential Financial Valuation | Previous | Next |
Prudential Financial Trading Date Momentum on May 2, 2024
| On May 03 2024 Prudential Financial was traded for 112.26 at the closing time. Highest Prudential Financial's price during the trading hours was 112.79 and the lowest price during the day was 110.61 . The net volume was 1 M. The overall trading history on the 3rd of May contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.87% . The trading delta at closing time to current price is 6.93% . |
Prudential Financial Fundamentals Correlations and Trends
By evaluating Prudential Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prudential Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prudential financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prudential Financial Stock history
Prudential Financial 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 Financial 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 Financial stock prices may prove useful in developing a viable investing in Prudential Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 364.6 M | 369.7 M | |
| Net Loss | -1.7 B | -1.6 B |
Prudential Financial Stock Technical Analysis
Prudential Financial 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.
Price Boundaries
Prudential Financial Period Price Range
Low | May 2, 2024
| High |
112.65 | 111.29 |
Prudential Financial May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Prudential Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prudential Financial shares will generate the highest return on investment. By undertsting and applying Prudential Financial stock market strength indicators, traders can identify Prudential Financial entry and exit signals to maximize returns
| Accumulation Distribution | 49012.98 | |||
| Daily Balance Of Power | (0.44) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 111.83 | |||
| Day Typical Price | 111.65 | |||
| Price Action Indicator | (1.21) | |||
| Period Momentum Indicator | 10.02 |
Prudential Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prudential Financial's price direction in advance. Along with the technical and fundamental analysis of Prudential Stock 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.
| Risk Adjusted Performance | 0.1379 | |||
| Jensen Alpha | 0.1248 | |||
| Total Risk Alpha | 0.0637 | |||
| Sortino Ratio | 0.1263 | |||
| Treynor Ratio | 0.2178 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 (0.21) | Dividend Share 5.05 | Earnings Share 5.93 | Revenue Per Share 167.143 | Quarterly Revenue Growth 0.379 |
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.