Prosafe SE (Germany) Price on October 21, 2024

1Q6 Stock  EUR 0.61  0.10  19.61%   
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 0.61, as last reported on the 23rd of December, with the highest price reaching 0.61 and the lowest price hitting 0.46 during the day. Prosafe SE maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Prosafe SE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prosafe SE's Variance of 105.37, coefficient of variation of (642.53), and Risk Adjusted Performance of (0.11) 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.

Sharpe Ratio = -0.1503

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Estimated Market Risk

 10.34
  actual daily
92
92% of assets are less volatile

Expected Return

 -1.55
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  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 October 21, 2024

It is possible to determine the worth of Prosafe SE on a given historical date. On October 21, 2024 Prosafe was worth 1.98 at the beginning of the trading date compared to the closed value of 1.98. 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
  1.92    1.92    1.92    1.92    750.00  
10/21/2024
  1.98    1.98    1.98    1.98    750.00  
  1.87    1.87    1.87    1.87    750.00  
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Open Value
1.98
1.98
Closing Value
33.00
Upside

Prosafe SE Trading Date Momentum on October 21, 2024

On October 22 2024 Prosafe SE was traded for  1.87  at the closing time. The highest daily price throughout the period was 1.87  and the lowest price was  1.87 . The daily volume was 750. The net trading volume on 10/22/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 5.56% . The trading delta at closing time to current closing price is 18.18% .

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.
A focus of Prosafe SE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prosafe SE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Prosafe SE Period Price Range

Low
December 23, 2024
0.00  NaN%
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 23, 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.

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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