While taking a look at financials, we can look at a number of key indicators about Prudential Financial, Inc. (PRU). Average true range (ATR-14) of the company is at 1.75. Developed by J. Welles Wilder, ATR is an indicator that measures volatility. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. It may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system.
Stock price volatility is an indicator that is most often used by options traders to find changes in trends in the market place. There are two main types of stock volatility including historical volatility and implied volatility that are used in the options markets. The increase or decrease in volatility results from changes in investors emotions in the market place. More specifically greed and fear in the market place are the two main factors that cause stock prices to change. Stock price volatility tends to rise when there is new information released in the markets however the extent to which it rises is determined by the relevance of that new information as well as to the degree in which the news surprises investors. In today’s article we will discuss both types of volatility and how each type is used.
In this article we are focusing Historical volatility of Prudential Financial, Inc. (PRU). How PRU stock remained volatile for the past five days and past 30 days?
When selecting a security for investment, traders look at its historical volatility to help determine the relative risk of a potential trade. There are numerous metrics that measure volatility in differing contexts, and each trader has favorites. Regardless of which metric you utilize, a firm understanding of the concept of volatility and how it is measured is essential to successful investing. Simply put, volatility is a reflection of the degree to which price moves. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile. A stock that maintains a relatively stable price has low volatility. A highly volatile stock is inherently riskier, but that risk cuts both ways. When investing in a volatile security, the risk of success is increased just as much as the risk of failure. For this reason, many traders with a high risk tolerance look to multiple measures of volatility to help inform their trade strategies.
The Stock has shows volatility of 1.12% in recent 5 days and demonstrated volatility of 1.55% in last 30 days.
Prudential Financial, Inc. (PRU) stock added 0.85% beyond one week and declined -8.80% during previous one month session. The stock went down -2.14% at some stage in past quarter. The stock price escalated 1.11% to finalize at $102.82 throughout previous buying and selling session. A total of 2.07 million shares exchanged at hands and its average trading volume is standing at 1.87 million shares. Shares of Prudential Financial, Inc. (PRU) are trading -10.79% downward from the 52-week high mark and 34.19% above from the fifty two-week low mark. Important factors to focus when evaluating a stock’s present and future value are the 52 week price high and low levels. Taking a glance at past performance, we will examine different up or down moving trends about PRU. Inside the closing six months period the stock’s performance declined -7.33% while overall yearly performance gained 33.03%. The Company’s year to date (YTD) performance is now negative at -1.19%. The company has a Return on Assets (ROA) of 0.50%. Presently, it has a Return on Equity (ROE) of 7.90% and Return on Investment (ROI) of 6.50%. Tracking most recent quarter period, Price to book (P/B) ration is at 0.91 and Price to cash per share ration is at 2.68.
Relative strength index (RSI-14) for Prudential Financial, Inc. (PRU) is at 37.66. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions.
Prudential Financial, Inc. (PRU) stock price away from 20 day simple moving average slumped at -4.45% while its distance from 50 day simple moving average declined -5.38% along with -3.53% below away from two hundred simple moving averages. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.
Beta of 1 means volatility that mirrors the degree and direction of the market as a whole. Beta less than 1 means low and over 1 indicates high volatility while 0 shows no volatility. Beta value of the stock is marked at 1.50.