Prosus Stock Volume Indicators On Balance Volume

PROSF Stock  USD 41.10  0.10  0.24%   
Prosus volume indicators tool provides the execution environment for running the On Balance Volume indicator and other technical functions against Prosus. Prosus value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volume indicators indicators. As with most other technical indicators, the On Balance Volume indicator function is designed to identify and follow existing trends. Prosus volume indicators are based on Chaikin accumulation (buying pressure) and distribution (selling pressure) factors to determine the likely sustainability of a given price move.

Indicator
The output start index for this execution was zero with a total number of output elements of sixty-one. The On Balance Volume indicator was developed by Joe Granville to show time series momentum that relates Prosus volume to price change. It can show when Prosus is accumulated or sold by a large number of investors.

Prosus Technical Analysis Modules

Most technical analysis of Prosus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Prosus from various momentum indicators to cycle indicators. When you analyze Prosus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Prosus Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prosus. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prosus based on widely used predictive technical indicators. In general, we focus on analyzing Prosus Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prosus's daily price indicators and compare them against related drivers, such as volume indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Prosus's intrinsic value. In addition to deriving basic predictive indicators for Prosus, we also check how macroeconomic factors affect Prosus price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prosus' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
39.1541.1043.05
Details
Intrinsic
Valuation
LowRealHigh
32.0233.9745.21
Details
Naive
Forecast
LowNextHigh
38.3640.3142.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.9440.4841.01
Details

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Prosus pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prosus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prosus will appreciate offsetting losses from the drop in the long position's value.

Prosus Pair Trading

Prosus Pair Trading Analysis

The ability to find closely correlated positions to Prosus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prosus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prosus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prosus to buy it.
The correlation of Prosus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prosus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prosus moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prosus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Prosus Pink Sheet

Prosus financial ratios help investors to determine whether Prosus Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prosus with respect to the benefits of owning Prosus security.