Prudential Balanced Fund Price on November 14, 2024
| PIBAX Fund | USD 18.81 0.10 0.53% |
Below is the normalized historical share price chart for Prudential Balanced Fund extending back to March 13, 2000. 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 Balanced stands at 18.81, as last reported on the 1st of December, with the highest price reaching 18.81 and the lowest price hitting 18.81 during the day.
If you're considering investing in PRUDENTIAL Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider PRUDENTIAL Mutual Fund to be very steady. Prudential Balanced maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prudential Balanced, which you can use to evaluate the volatility of the fund. Please check Prudential Balanced's Risk Adjusted Performance of 0.0724, semi deviation of 0.4211, and Coefficient Of Variation of 967.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.0619%.
PRUDENTIAL Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
PRUDENTIAL |
Sharpe Ratio = 0.1421
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PIBAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Prudential Balanced is performing at about 11% 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 Balanced by adding it to a well-diversified portfolio.
Prudential Balanced Valuation on November 14, 2024
It is possible to determine the worth of Prudential Balanced on a given historical date. On November 14, 2024 PRUDENTIAL was worth 18.55 at the beginning of the trading date compared to the closed value of 18.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prudential Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Prudential Balanced'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 Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prudential Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 18.61 | 18.61 | 18.61 | 18.61 | 1.00 | |
11/14/2024 | 18.55 | 18.55 | 18.55 | 18.55 | 1.00 |
| 18.40 | 18.40 | 18.40 | 18.40 | 1.00 |
| Backtest Prudential Balanced | | | Prudential Balanced History | | | Prudential Balanced Valuation | Previous | Next |
Prudential Balanced Trading Date Momentum on November 14, 2024
| On November 15 2024 Prudential Balanced Fund was traded for 18.40 at the closing time. The highest daily price throughout the period was 18.40 and the lowest price was 18.40 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.81% . The trading delta at closing time to current closing price is 0.81% . |
Prudential Balanced Fundamentals Correlations and Trends
By evaluating Prudential Balanced'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 Balanced'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 Balanced Mutual Fund history
Prudential Balanced 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 Balanced 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 Balanced stock prices may prove useful in developing a viable investing in Prudential Balanced
The fund invests in a portfolio of equity, fixed-income and money market securities that is actively managed to capitalize on opportunities created by perceived misvaluation. It will invest 45 percent to 70 percent of its total assets in equity and equity-related securities. Under normal circumstances, 30 percent to 55 percent of the funds total assets are invested in fixed income securities. It may invest up to 15 percent of its total assets in equity and equity-related securities of small companies.
Prudential Balanced Mutual Fund Technical Analysis
Prudential Balanced 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.
Price Boundaries
Prudential Balanced Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Prudential Balanced Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Prudential Balanced December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Prudential Balanced mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prudential Balanced shares will generate the highest return on investment. By undertsting and applying Prudential Balanced mutual fund market strength indicators, traders can identify Prudential Balanced Fund entry and exit signals to maximize returns
Prudential Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prudential Balanced's price direction in advance. Along with the technical and fundamental analysis of PRUDENTIAL Mutual Fund 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 | 0.0724 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.0792 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in PRUDENTIAL Mutual Fund
Prudential Balanced financial ratios help investors to determine whether PRUDENTIAL Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PRUDENTIAL with respect to the benefits of owning Prudential Balanced security.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |