Prosus NV (South Africa) Price on December 4, 2023

PRX Stock   75,624  139.00  0.18%   
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 75,624, as last reported on the 24th of December, with the highest price reaching 76,042 and the lowest price hitting 75,500 during the day. At this point, Prosus NV is very steady. Prosus NV maintains Sharpe Ratio (i.e., Efficiency) of 0.0946, which implies the firm had a 0.0946% 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 0.9797, coefficient of variation of 751.24, and Risk Adjusted Performance of 0.1107 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
  
Prosus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0946

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Estimated Market Risk

 1.57
  actual daily
13
87% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Prosus NV is performing at about 7% 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 December 4, 2023

It is possible to determine the worth of Prosus NV on a given historical date. On December 4, 2023 Prosus was worth 60592.96 at the beginning of the trading date compared to the closed value of 62114.75. 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
  61,752    62,156    60,946    61,022    1,061,146  
12/04/2023
  60,593    62,588    60,433    62,115    1,044,660  
  60,987    61,235    60,093    61,144    807,886  
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Open Value
60592.96
60,588
Downside
62114.75
Closing Value
60,598
Upside

Prosus NV Trading Date Momentum on December 4, 2023

On December 05 2023 Prosus NV was traded for  61,144  at the closing time. The highest price during the trading period was 61,235  and the lowest recorded bid was listed for  60,093 . The volume for the day was 807.9 K. This history from December 5, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.56% . The trading delta at closing time to the current price is 1.20% .

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 24, 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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