Prodways Group (France) Price on September 26, 2023
| PWG Stock | EUR 0.48 0.01 2.04% |
If you're considering investing in Prodways Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prodways Group stands at 0.48, as last reported on the 2nd of December, with the highest price reaching 0.49 and the lowest price hitting 0.43 during the day. Prodways Group SA 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. Prodways Group SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prodways Group's Variance of 4.16, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,023) to confirm the risk estimate we provide.
Prodways Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prodways |
Sharpe Ratio = -0.0216
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Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.04 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 Prodways Group 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 Prodways Group by adding Prodways Group to a well-diversified portfolio.
Prodways Group Valuation on September 26, 2023
It is possible to determine the worth of Prodways Group on a given historical date. On September 26, 2023 Prodways was worth 1.6 at the beginning of the trading date compared to the closed value of 1.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prodways Group stock. Still, in general, we apply an absolute valuation method to find Prodways Group'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 Prodways Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prodways Group's related companies.
| Open | High | Low | Close | Volume | |
| 1.60 | 1.64 | 1.58 | 1.60 | 20,144 | |
09/26/2023 | 1.60 | 1.61 | 1.55 | 1.59 | 27,429 |
| 1.60 | 1.65 | 1.60 | 1.65 | 11,955 |
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Prodways Group Trading Date Momentum on September 26, 2023
| On September 27 2023 Prodways Group SA was traded for 1.65 at the closing time. The maximum traded price for the trading interval was 1.65 and the lowest daily price was 1.60 . The daily volume was recorded at 12 K. The volume of trading on 27th of September 2023 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 3.77% . The trading delta at closing time to the closing price today is 5.66% . |
Prodways Group SA Fundamentals Correlations and Trends
By evaluating Prodways Group'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 Prodways Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prodways financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prodways Group Stock history
Prodways Group 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 Prodways is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prodways Group SA 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 Prodways Group stock prices may prove useful in developing a viable investing in Prodways Group
Prodways Group SA manufactures and sells industrial and professional 3D printers in Europe. Prodways Group SA was founded in 2013 and is headquartered in Paris, France. Prodways SAS operates under Diversified Industrials classification in France and is traded on Paris Stock Exchange. It employs 460 people.
Prodways Group Stock Technical Analysis
Prodways Group 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
Prodways Group Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Prodways Group SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Prodways Group December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Prodways Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prodways Group shares will generate the highest return on investment. By undertsting and applying Prodways Group stock market strength indicators, traders can identify Prodways Group SA entry and exit signals to maximize returns
Prodways Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prodways Group's price direction in advance. Along with the technical and fundamental analysis of Prodways Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prodways 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 | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.3899 |
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Complementary Tools for Prodways Stock analysis
When running Prodways Group's price analysis, check to measure Prodways Group'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 Prodways Group is operating at the current time. Most of Prodways Group's value examination focuses on studying past and present price action to predict the probability of Prodways Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prodways Group's price. Additionally, you may evaluate how the addition of Prodways Group to your portfolios can decrease your overall portfolio volatility.
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