Prudential Financial Stock Probability of Future Stock Price Finishing Over 99.6

PRU Stock  USD 117.02  1.20  1.04%   
Prudential Financial's implied volatility is one of the determining factors in the pricing options written on Prudential Financial. Implied volatility approximates the future value of Prudential Financial based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Prudential Financial over a specific time period. For example, 2024-04-19 CALL at $115.0 is a CALL option contract on Prudential Financial's common stock with a strick price of 115.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:15:07 for $3.04 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $3.3, and an ask price of $3.5. The implied volatility as of the 28th of March is 19.46. View All Prudential options

Closest to current price Prudential long CALL Option Payoff at Expiration

Prudential Financial's future price is the expected price of Prudential Financial instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Prudential Financial performance during a given time horizon utilizing its historical volatility. 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.
  
At this time, Prudential Financial's Price Earnings Ratio is comparatively stable compared to the past year. Price To Sales Ratio is likely to gain to 0.83 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 5.50 in 2024. Please specify Prudential Financial's target price for which you would like Prudential Financial odds to be computed.

Prudential Financial Target Price Odds to finish over 99.6

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 PriceHorizonTarget PriceOdds to stay above $ 99.60  in 90 days
 117.02 90 days 99.60 
more than 93.0
Based on a normal probability distribution, the odds of Prudential Financial to stay above $ 99.60  in 90 days from now is more than 93.0 (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 $ 99.60  and its current price of $117.02 at the end of the 90-day period is about 92.33 .
Considering the 90-day investment horizon Prudential Financial has a beta of 0.91 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 0.0917, implying that it can generate a 0.0917 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Prudential Financial Price Density   
       Price  

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.
Hype
Prediction
LowEstimatedHigh
116.26117.48118.70
Details
Intrinsic
Valuation
LowRealHigh
107.27108.49128.72
Details
Naive
Forecast
LowNextHigh
116.47117.70118.92
Details
15 Analysts
Consensus
LowTargetHigh
90.4899.43110.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Prudential Financial. Your research has to be compared to or analyzed against Prudential Financial's peers to derive any actionable benefits. When done correctly, Prudential Financial'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 Financial.

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
0.09
β
Beta against NYSE Composite0.91
σ
Overall volatility
4.59
Ir
Information ratio 0.07

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 58.0% 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 simplywall.st: Positive week for Perseus Mining Limited institutional investors who lost 8.8 percent over the past year

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 Outstanding364.6 M
Cash And Short Term Investments340.7 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 58.0% 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 simplywall.st: Positive week for Perseus Mining Limited institutional investors who lost 8.8 percent over the past year
When determining whether Prudential Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Prudential Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Prudential Financial Stock. Highlighted below are key reports to facilitate an investment decision about Prudential Financial Stock:

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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.