Statistics of Price Movements of Prudential Financial Inc 5.625% Junior (PRS)

The price movements of Prudential Financial Inc 5.625% Junior (ticker PRS) are summarized in five ways:

• Table 1. Statistics of daily price changes using the closing prices
• Table 2. Statistics of daily price changes using the closing and opening prices
• Table 3 – 7. Statistics of daily price changes when PRS opened with an increase of 1%, 2%, 3%, 4%, or more than 5%
• Table 8 – 10. Statistics of stock price changes in the 20 days after PRS had a big price move
• Table 11. Statistics of daily price changes in the 20 days after PRS moved 5% with twice the 30-day average volume

The statistics are calculated using PRS's price data across 600 trading days from 2018 to 2020.

Table 1. Statistics of PRS one-day price changes

In this table, the one-day price change is calculated using the closing price and the previous day's closing price.

In the past 600 trading days, 49.6% of the time (297 days), PRS closed above the previous day's closing price. 43.2% of the time (259 days), it closed below the previous day's closing price. 7.2% of the time (43 days), it did not change.

Also see: VIX price movement study.

PRS Price Change (%)	Number of Days	% of Total Sessions
14 – 15%	1	0.17%
7 – 8%	2	0.33%
6 – 7%	1	0.17%
3 – 4%	2	0.33%
2 – 3%	2	0.33%
1 – 2%	18	3.01%
0 – 1%	271	45.24%
0%	43	7.18%
0 – -1%	235	39.23%
-1 – -2%	17	2.84%
-2 – -3%	3	0.50%
-3 – -4%	1	0.17%
-6 – -7%	1	0.17%
-8 – -9%	1	0.17%
-18 – -19%	1	0.17%

Table 2. Statistics of PRS: Closing vs. Open

In this table, instead of using the closing price of the previous day, the opening price is used to calculate the one-day price change of PRS.

45.2% of the time (271 days), PRS closed above the opening price. 48.5% of the time (291 days), it closed below the opening price. 6.3% of the time (38 days), it closed where it started.

Closing - Open (%)	Number of Days	% of Total Sessions
10 – 11%	1	0.17%
5 – 6%	3	0.50%
4 – 5%	1	0.17%
2 – 3%	2	0.33%
1 – 2%	9	1.50%
0 – 1%	255	42.50%
0%	38	6.33%
0 – -1%	271	45.17%
-1 – -2%	16	2.67%
-2 – -3%	2	0.33%
-7 – -8%	1	0.17%
-16 – -17%	1	0.17%

Table 3. One-day performance when PRS opened 5% higher than previous close

In the past 600 trading days, PRS opened more than 5% higher than the previous day's closing price 0 times. Of these days, NaN% (0 days) had closing prices above the opening price, and NaN% (0 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions

Table 4. Closing vs. open when PRS opened 4–5% higher

On 0 days, PRS opened 4–5% higher than the previous day's closing price. Of these days, NaN% (0 days) had closing prices above the opening price, and NaN% (0 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions

Table 5. Closing vs. open when PRS open 3 – 4% higher

1 times PRS opened 3 – 4% higher than the previous day's closing price. Among these days, 100.0% (1 days) closed above the opening price, 0.0% (0 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
10 – 11%	1	100.00%

Table 6. Closing vs. open when PRS open 2 – 3% higher

1 times PRS opened 2 – 3% higher than the previous day's closing price. Among these days, 100.0% (1 days) closed above the opening price, 0.0% (0 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
4 – 5%	1	100.00%

Table 7. Closing vs. open when PRS open 1 – 2% higher

6 times PRS opened 1 – 2% higher than the previous day's closing price. Among these days, 50.0% (3 days) closed above the opening price, 50.0% (3 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
5 – 6%	1	16.67%
2 – 3%	1	16.67%
0 – 1%	1	16.67%
0 – -1%	2	33.33%
-1 – -2%	1	16.67%

Table 8. Periods when PRS moved 15% or more

In this table, we track the price movements in the 20 days after PRS had a one-day price change of at least 15%.

Date	Price Change	Price Change after 15% Move
Days after:		1	4	7	10	13	16	19
20200318	-18.4%	7.0	19.7	28.8	25.7	29.9	35.0	33.8

Table 9. Periods when PRS moved 10% or more

In this table, we track the price movements in the 20 days after PRS had a one-day price change of at least 10%.

Date	Price Change	Price Change after 10% Move
Days after:		1	4	7	10	13	16	19
20200324	14%	6.0	8.4	5.4	10.4	12.7	11.6	13.5
20200318	-18.4%	7.0	19.7	28.8	25.7	29.9	35.0	33.8

Table 9a. PRS average price changes following a 10% up day

Of the 600 trading days from 2018 to 2020, there were 1 days in which PRS was up more than 10%. This table shows the average price changes over the 1 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 10%	6.0	8.4	5.4	10.4	12.7	11.6	13.5

Table 9b. PRS average price changes following a 10% down day

Of the 600 trading days from 2018 to 2020, there were 1 days in which PRS was down more than -10%. This table shows the average price changes over the 1 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -10%	7.0	19.7	28.8	25.7	29.9	35.0	33.8

Table 10. Periods when PRS moved 5% or more

In this table, we track the price movements in the 20 days after PRS had a one-day price change of at least 5%.

Date	Price Change	Price Change after 5% Move
Days after:		1	4	7	10	13	16	19
20200324	14%	6.0	8.4	5.4	10.4	12.7	11.6	13.5
20200320	7.6%	-8.9	13.9	12.7	8.9	15.5	14.9	16.7
20200319	7%	7.6	18.6	21.3	17.9	23.5	26.1	24.9
20200325	6%	3.4	2.3	-1.2	4.8	4.2	5.9	6.1
20200316	-6.3%	-1.2	-7.2	2.3	4.6	1.7	6.5	8.8
20200323	-8.8%	14.1	22.7	19.8	23.7	28.6	27.5	29.7
20200318	-18.4%	7.0	19.7	28.8	25.7	29.9	35.0	33.8

Table 10a. PRS average price changes following a 5% up day

Of the 600 trading days from 2018 to 2020, there were 4 days in which PRS was up more than 5%. This table shows the average price changes over the 4 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 5%	2.0	10.8	9.6	10.5	14.0	14.6	15.3

Table 10b. PRS average price changes following a 5% down day

Of the 600 trading days from 2018 to 2020, there were 3 days in which PRS was down more than -5%. This table shows the average price changes over the 3 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -5%	6.6	11.8	17.0	18.0	20.1	23.0	24.1

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Also see: VIX price movement study.