Prosafe SE (Germany) Price on March 28, 2023
1Q6 Stock | EUR 0.51 0.04 7.27% |
If you're considering investing in Prosafe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prosafe SE stands at 0.51, as last reported on the 20th of December, with the highest price reaching 0.51 and the lowest price hitting 0.51 during the day. Prosafe SE maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19% return per unit of risk over the last 3 months. Prosafe SE exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prosafe SE's Coefficient Of Variation of (512.28), risk adjusted performance of (0.15), and Variance of 98.36 to confirm the risk estimate we provide.
Prosafe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prosafe |
Sharpe Ratio = -0.1864
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Negative Returns | 1Q6 |
Estimated Market Risk
9.99 actual daily | 88 88% of assets are less volatile |
Expected Return
-1.86 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prosafe SE 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 Prosafe SE by adding Prosafe SE to a well-diversified portfolio.
Prosafe SE Valuation on March 28, 2023
It is possible to determine the worth of Prosafe SE on a given historical date. On March 28, 2023 Prosafe was worth 11.05 at the beginning of the trading date compared to the closed value of 11.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prosafe SE stock. Still, in general, we apply an absolute valuation method to find Prosafe SE'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 Prosafe SE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prosafe SE's related companies.
Open | High | Low | Close | Volume | |
11.09 | 11.09 | 11.09 | 11.09 | 1.00 | |
03/28/2023 | 11.05 | 11.64 | 11.05 | 11.64 | 1,125 |
11.67 | 11.67 | 11.67 | 11.67 | 1.00 |
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Prosafe SE Trading Date Momentum on March 28, 2023
On March 29 2023 Prosafe SE was traded for 11.67 at the closing time. The highest daily price throughout the period was 11.67 and the lowest price was 11.67 . There was no trading activity during the period 1.0. Lack of trading volume on 03/29/2023 added to the next day price rise. The daily price change to closing price of the next trading day was 0.26% . The trading delta at closing time to current closing price is 1.98% . |
Prosafe SE Fundamentals Correlations and Trends
By evaluating Prosafe SE'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 Prosafe SE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prosafe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prosafe SE Stock history
Prosafe SE 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 Prosafe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prosafe SE 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 Prosafe SE stock prices may prove useful in developing a viable investing in Prosafe SE
Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and internationally. Prosafe SE was founded in 1972 and is headquarter in Stavanger, Norway. PROSAFE SE is traded on Frankfurt Stock Exchange in Germany.
Prosafe SE Stock Technical Analysis
Prosafe SE technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Prosafe SE Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Prosafe SE cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Prosafe SE December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Prosafe SE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prosafe SE shares will generate the highest return on investment. By undertsting and applying Prosafe SE stock market strength indicators, traders can identify Prosafe SE entry and exit signals to maximize returns
Prosafe SE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prosafe SE's price direction in advance. Along with the technical and fundamental analysis of Prosafe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prosafe 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 | (0.15) | |||
Jensen Alpha | (1.93) | |||
Total Risk Alpha | (2.24) | |||
Treynor Ratio | 2.35 |
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Volume Indicators |
Complementary Tools for Prosafe Stock analysis
When running Prosafe SE's price analysis, check to measure Prosafe SE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prosafe SE is operating at the current time. Most of Prosafe SE's value examination focuses on studying past and present price action to predict the probability of Prosafe SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosafe SE's price. Additionally, you may evaluate how the addition of Prosafe SE to your portfolios can decrease your overall portfolio volatility.
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