Prosus NV (South Africa) Price on May 17, 2024

PRX Stock   74,890  676.00  0.89%   
If you're considering investing in Prosus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prosus NV stands at 74,890, as last reported on the 23rd of December, with the highest price reaching 77,198 and the lowest price hitting 74,209 during the day. At this point, Prosus NV is very steady. Prosus NV maintains Sharpe Ratio (i.e., Efficiency) of 0.084, which implies the firm had a 0.084% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Prosus NV, which you can use to evaluate the volatility of the company. Please check Prosus NV's Semi Deviation of 0.9556, coefficient of variation of 647.87, and Risk Adjusted Performance of 0.1277 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
  
Prosus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.084

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Estimated Market Risk

 1.58
  actual daily
14
86% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Prosus NV is performing at about 6% of its full potential. 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 Prosus NV by adding it to a well-diversified portfolio.

Prosus NV Valuation on May 17, 2024

It is possible to determine the worth of Prosus NV on a given historical date. On May 17, 2024 Prosus was worth 71536.5 at the beginning of the trading date compared to the closed value of 70140.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prosus NV stock. Still, in general, we apply an absolute valuation method to find Prosus NV'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 Prosus NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prosus NV's related companies.
 Open High Low Close Volume
  71,965    72,284    71,191    72,170    786,396  
05/17/2024
  71,536    71,536    70,017    70,141    2,005,971  
  70,191    70,312    69,712    69,791    836,182  
Backtest Prosus NV  |  Prosus NV History  |  Prosus NV Valuation   PreviousNext  
Open Value
71536.5
71,532
Downside
70140.69
Closing Value
71,541
Upside

Prosus NV Trading Date Momentum on May 17, 2024

On May 20 2024 Prosus NV was traded for  69,791  at the closing time. The highest price during the trading period was 70,312  and the lowest recorded bid was listed for  69,712 . The volume for the day was 836.2 K. This history from May 20, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.50% . The trading delta at closing time to the current price is 1.49% .

Prosus NV Fundamentals Correlations and Trends

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

About Prosus NV Stock history

Prosus NV 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 Prosus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prosus NV 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 Prosus NV stock prices may prove useful in developing a viable investing in Prosus NV

Prosus NV Stock Technical Analysis

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

Prosus NV Period Price Range

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Prosus NV December 23, 2024 Market Strength

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

Prosus NV Technical and Predictive Indicators

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

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