Prothena Plc Stock Price on October 12, 2023

PRTA Stock  USD 13.85  1.03  6.92%   
If you're considering investing in Prothena Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prothena Plc stands at 13.85, as last reported on the 2nd of January, with the highest price reaching 15.30 and the lowest price hitting 12.79 during the day. Prothena plc maintains Sharpe Ratio (i.e., Efficiency) of -0.0216, which implies the firm had a -0.0216% return per unit of risk over the last 3 months. Prothena plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prothena Plc's Coefficient Of Variation of (4,622), variance of 42.07, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Prothena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0216

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Estimated Market Risk

 6.49
  actual daily
57
57% of assets are less volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Prothena Plc 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 Prothena Plc by adding Prothena Plc to a well-diversified portfolio.

Prothena Plc Valuation on October 12, 2023

It is possible to determine the worth of Prothena Plc on a given historical date. On October 12, 2023 Prothena was worth 46.99 at the beginning of the trading date compared to the closed value of 45.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prothena Plc stock. Still, in general, we apply an absolute valuation method to find Prothena Plc'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 Prothena Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prothena Plc's related companies.
 Open High Low Close Volume
  47.29    49.20    46.24    47.17    204,190  
10/12/2023
  46.99    47.98    45.37    45.92    607,197  
  46.22    46.22    43.60    44.08    558,709  
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Open Value
46.99
45.92
Closing Value
66.45
Upside

Prothena Plc Trading Date Momentum on October 12, 2023

On October 13 2023 Prothena plc was traded for  44.08  at the closing time. The top price for the day was 46.22  and the lowest listed price was  43.60 . The trading volume for the day was 558.7 K. The trading history from October 13, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.01% . The trading delta at closing time against the current closing price is 5.01% .

Prothena plc Fundamentals Correlations and Trends

By evaluating Prothena Plc'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 Prothena Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prothena financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Prothena Plc Stock history

Prothena Plc 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 Prothena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prothena plc 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 Prothena Plc stock prices may prove useful in developing a viable investing in Prothena Plc
Prothena Corporation plc, a late-stage clinical company, focuses on discovery and development of novel therapies for life-threatening diseases in the United States. The company was founded in 2012 and is based in Dublin, Ireland. Prothena Corp operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 82 people.

Prothena Plc Stock Technical Analysis

Prothena Plc 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 Prothena Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prothena Plc 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

Prothena Plc Period Price Range

Low
January 2, 2025
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Prothena plc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Prothena Plc January 2, 2025 Market Strength

Market strength indicators help investors to evaluate how Prothena Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prothena Plc shares will generate the highest return on investment. By undertsting and applying Prothena Plc stock market strength indicators, traders can identify Prothena plc entry and exit signals to maximize returns

Prothena Plc Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Prothena Plc's price direction in advance. Along with the technical and fundamental analysis of Prothena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prothena 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 Prothena Stock analysis

When running Prothena Plc's price analysis, check to measure Prothena Plc'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 Prothena Plc is operating at the current time. Most of Prothena Plc's value examination focuses on studying past and present price action to predict the probability of Prothena Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prothena Plc's price. Additionally, you may evaluate how the addition of Prothena Plc to your portfolios can decrease your overall portfolio volatility.
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