Prudential Financial Correlations

PRU Stock

USD 104.31 1.04 0.99%

The current 90-days correlation between Prudential Financial and Aflac Incorporated is 0.52 (i.e., Very weak diversification). The correlation of Prudential Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Prudential Financial Correlation With Market

Poor diversification

The correlation between Prudential Financial and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prudential Financial and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Prudential Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prudential Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.

Moving together with Prudential Stock

0.68	GNW	Genworth Financial Earnings Call This Week	Pair Corr
0.7	JXN	Jackson Financial	Pair Corr
0.62	MET	MetLife Earnings Call This Week	Pair Corr
0.67	PUK	Prudential PLC ADR	Pair Corr
0.62	L	Loews Corp Earnings Call This Week	Pair Corr
0.62	GS	Goldman Sachs Group	Pair Corr

Moving against Prudential Stock

0.43	ABL	Abacus Life	Pair Corr
0.37	FG	FG Annuities Life	Pair Corr
0.36	CIA	Citizens Earnings Call This Week	Pair Corr
0.37	ABLLW	Abacus Life	Pair Corr

Related Correlations Analysis

	LNC	AFL	BHF	UNM	MET	JXN	MFC	GL	PUK
LNC		-0.21	-0.49	0.55	0.12	0.89	0.11	0.23	0.64	LNC
AFL	-0.21		0.38	0.08	0.09	-0.33	-0.04	0.41	-0.56	AFL
BHF	-0.49	0.38		0.04	0.42	-0.54	0.44	-0.17	-0.64	BHF
UNM	0.55	0.08	0.04		0.44	0.42	0.43	0.25	0.18	UNM
MET	0.12	0.09	0.42	0.44		0.27	0.55	-0.45	0.12	MET
JXN	0.89	-0.33	-0.54	0.42	0.27		0.14	0.19	0.84	JXN
MFC	0.11	-0.04	0.44	0.43	0.55	0.14		0.15	0.17	MFC
GL	0.23	0.41	-0.17	0.25	-0.45	0.19	0.15		0.13	GL
PUK	0.64	-0.56	-0.64	0.18	0.12	0.84	0.17	0.13		PUK
	LNC	AFL	BHF	UNM	MET	JXN	MFC	GL	PUK

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

JXN	+ 0.89	LNC
PUK	+ 0.84	JXN
PUK	+ 0.64	LNC
UNM	+ 0.55	LNC
MFC	+ 0.55	MET
MFC	+ 0.44	BHF

High negative correlations

PUK	- 0.64	BHF
PUK	- 0.56	AFL
JXN	- 0.54	BHF
BHF	- 0.49	LNC
GL	- 0.45	MET
JXN	- 0.33	AFL

Risk-Adjusted Indicators

There is a big difference between Prudential Stock performing well and Prudential Financial Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Prudential Financial's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LNC	1.34	(0.10)	(0.04)	0.15	1.42	(1.43)	3.57	(2.21)	8.86
AFL	0.87	(0.19)	0.00	(0.16)	0.00	0.00	1.49	(1.62)	5.25
BHF	1.68	(0.37)	0.00	(0.14)	0.00	0.00	2.79	(4.61)	13.53
UNM	1.06	(0.13)	(0.14)	0.04	1.36	(0.98)	1.85	(2.05)	5.80
MET	0.97	(0.14)	(0.06)	0.13	1.00	(1.00)	2.36	(1.82)	6.85
JXN	1.49	(0.02)	0.00	0.22	1.60	(1.68)	2.81	(3.41)	9.16
MFC	0.88	(0.16)	(0.13)	0.07	1.24	(0.95)	2.09	(1.72)	6.65
GL	1.12	(0.13)	(0.07)	0.11	1.53	(1.11)	2.17	(2.44)	7.18
PUK	1.04	0.10	0.02	0.38	0.80	(1.30)	2.25	(1.55)	5.65

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC