Prudential Qma Small Cap Fund Price on November 7, 2024
| TRACX Fund | USD 17.82 2.24 11.17% |
Below is the normalized historical share price chart for Prudential Qma Small Cap extending back to June 19, 2015. 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 Qma stands at 17.82, as last reported on the 15th of December 2024, with the highest price reaching 17.82 and the lowest price hitting 17.82 during the day.
If you're considering investing in Prudential Mutual Fund, it is important to understand the factors that can impact its price. Prudential Qma Small maintains Sharpe Ratio (i.e., Efficiency) of -0.0366, which implies the entity had a -0.0366% return per unit of risk over the last 3 months. Prudential Qma Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prudential Qma's Variance of 3.56, insignificant risk adjusted performance, and Coefficient Of Variation of (10,045) to confirm the risk estimate we provide.
Prudential Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Prudential |
Sharpe Ratio = -0.0366
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TRACX |
Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prudential Qma is not performing at its full potential. However, 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 Qma by adding Prudential Qma to a well-diversified portfolio.
Prudential Qma Valuation on November 7, 2024
It is possible to determine the worth of Prudential Qma on a given historical date. On November 7, 2024 Prudential was worth 20.05 at the beginning of the trading date compared to the closed value of 20.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prudential Qma mutual fund. Still, in general, we apply an absolute valuation method to find Prudential Qma'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 Qma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prudential Qma's related companies.
| Open | High | Low | Close | Volume | |
| 20.34 | 20.34 | 20.34 | 20.34 | 1.00 | |
11/07/2024 | 20.05 | 20.05 | 20.05 | 20.05 | 1.00 |
| 20.09 | 20.09 | 20.09 | 20.09 | 1.00 |
| Backtest Prudential Qma | | | Prudential Qma History | | | Prudential Qma Valuation | Previous | Next |
Prudential Qma Trading Date Momentum on November 7, 2024
| On November 08 2024 Prudential Qma Small Cap was traded for 20.09 at the closing time. The highest daily price throughout the period was 20.09 and the lowest price was 20.09 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.20% . The trading delta at closing time to current closing price is 2.24% . |
Prudential Qma Small Fundamentals Correlations and Trends
By evaluating Prudential Qma'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 Qma'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 Qma Mutual Fund history
Prudential Qma 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 Qma Small 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 Qma stock prices may prove useful in developing a viable investing in Prudential Qma
The fund normally invests at least 80 percent of its investable assets in equity and equity-related securities of small-cap companies. The subadviser considers small-cap companies to be companies with market capitalizations within the market capitalization range of companies included in the Russell 2000 Index. Most assets will typically be invested in U.S. equity and equity-related securities, including up to 25 percent of total assets in real estate investment trusts .
Prudential Qma Mutual Fund Technical Analysis
Prudential Qma 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 Qma Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Prudential Qma Small Cap 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 Qma December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Prudential Qma 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 Qma shares will generate the highest return on investment. By undertsting and applying Prudential Qma mutual fund market strength indicators, traders can identify Prudential Qma Small Cap entry and exit signals to maximize returns
Prudential Qma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prudential Qma'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) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.02) |
| 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 Qma 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 Qma security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |