Prudential Utility Fund Market Value
| PCUFX Fund | USD 15.74 0.36 2.34% |
| Symbol | Prudential |
Prudential Utility 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Prudential Utility's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Prudential Utility.
| 07/30/2023 |
| 07/19/2025 |
If you would invest 0.00 in Prudential Utility on July 30, 2023 and sell it all today you would earn a total of 0.00 from holding Prudential Utility Fund or generate 0.0% return on investment in Prudential Utility over 720 days. Prudential Utility is related to or competes with T Rowe, Sa Worldwide, American Funds, Janus Global, T Rowe, T Rowe, and T Rowe. The fund normally invests at least 80 percent of its investable assets in equity and equity-related and investment-grade... More
Prudential Utility Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Prudential Utility's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Prudential Utility Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.58 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.39 |
Prudential Utility Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential Utility's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential Utility's standard deviation. In reality, there are many statistical measures that can use Prudential Utility historical prices to predict the future Prudential Utility's volatility.| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.0369 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2115 |
Prudential Utility Backtested Returns
At this stage we consider Prudential Mutual Fund to be very steady. Prudential Utility maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prudential Utility, which you can use to evaluate the volatility of the fund. Please check Prudential Utility's Coefficient Of Variation of 857.59, risk adjusted performance of 0.1087, and Semi Deviation of 0.7834 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The fund holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prudential Utility's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential Utility is expected to be smaller as well.
Auto-correlation | 0.19 |
Very weak predictability
Prudential Utility Fund has very weak predictability. Overlapping area represents the amount of predictability between Prudential Utility time series from 30th of July 2023 to 24th of July 2024 and 24th of July 2024 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prudential Utility price movement. The serial correlation of 0.19 indicates that over 19.0% of current Prudential Utility price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Prudential Utility lagged returns against current returns
Autocorrelation, which is Prudential Utility mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Prudential Utility's mutual fund expected returns. We can calculate the autocorrelation of Prudential Utility returns to help us make a trade decision. For example, suppose you find that Prudential Utility has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Prudential Utility regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Prudential Utility mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prudential Utility mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prudential Utility mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Prudential Utility Lagged Returns
When evaluating Prudential Utility's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prudential Utility mutual fund have on its future price. Prudential Utility autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Prudential Utility autocorrelation shows the relationship between Prudential Utility mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Prudential Utility Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Prudential Mutual Fund
Prudential Utility 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 Utility security.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |