Prysmian SpA (Germany) Price on February 13, 2024
| AEU Stock | EUR 58.82 1.08 1.80% |
If you're considering investing in Prysmian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prysmian SpA stands at 58.82, as last reported on the 30th of May, with the highest price reaching 59.20 and the lowest price hitting 58.82 during the day. Prysmian SpA appears to be very steady, given 3 months investment horizon. Prysmian SpA maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the firm had a 0.28% return per unit of risk over the last 3 months. We have found thirty technical indicators for Prysmian SpA, which you can use to evaluate the volatility of the company. Please evaluate Prysmian SpA's Risk Adjusted Performance of 0.1665, coefficient of variation of 366.25, and Semi Deviation of 1.08 to confirm if our risk estimates are consistent with your expectations.
Prysmian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prysmian |
Sharpe Ratio = 0.2764
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Prysmian SpA is performing at about 21% 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 Prysmian SpA by adding it to a well-diversified portfolio.
Prysmian SpA Valuation on February 13, 2024
It is possible to determine the worth of Prysmian SpA on a given historical date. On February 13, 2024 Prysmian was worth 41.8 at the beginning of the trading date compared to the closed value of 40.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prysmian SpA stock. Still, in general, we apply an absolute valuation method to find Prysmian SpA'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 Prysmian SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prysmian SpA's related companies.
| Open | High | Low | Close | Volume | |
| 42.33 | 42.52 | 41.03 | 41.03 | 177.00 | |
02/13/2024 | 41.80 | 41.88 | 40.43 | 40.43 | 750.00 |
| 41.03 | 41.65 | 40.81 | 40.94 | 1,610 |
| Backtest Prysmian SpA | | | Prysmian SpA History | | | Prysmian SpA Valuation | Previous | Next |
Prysmian SpA Trading Date Momentum on February 13, 2024
| On February 14 2024 Prysmian SpA was traded for 40.94 at the closing time. The highest daily price throughout the period was 41.65 and the lowest price was 40.81 . The daily volume was 1.6 K. The net trading volume on 02/14/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.26% . The trading delta at closing time to current closing price is 11.43% . |
Prysmian SpA Fundamentals Correlations and Trends
By evaluating Prysmian SpA'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 Prysmian SpA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prysmian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prysmian SpA Stock history
Prysmian SpA 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 Prysmian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prysmian SpA 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 Prysmian SpA stock prices may prove useful in developing a viable investing in Prysmian SpA
Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The Telecom segment manufactures cable systems and connectivity products comprising optical fiber, optical cables, connectivity components and accessories, optical ground wires, and copper cables used in telecommunication networks. PRYSMIAN S operates under Communication Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 29394 people.
Prysmian SpA Stock Technical Analysis
Prysmian SpA 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
Prysmian SpA Period Price Range
Low | February 13, 2024
| High |
41.80 | 40.43 |
Prysmian SpA May 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Prysmian SpA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prysmian SpA shares will generate the highest return on investment. By undertsting and applying Prysmian SpA stock market strength indicators, traders can identify Prysmian SpA entry and exit signals to maximize returns
Prysmian SpA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prysmian SpA's price direction in advance. Along with the technical and fundamental analysis of Prysmian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prysmian 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 | 0.1665 | |||
| Jensen Alpha | 0.4192 | |||
| Total Risk Alpha | 0.35 | |||
| Sortino Ratio | 0.2623 | |||
| Treynor Ratio | (3.65) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Prysmian SpA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Prysmian Stock analysis
When running Prysmian SpA's price analysis, check to measure Prysmian SpA'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 Prysmian SpA is operating at the current time. Most of Prysmian SpA's value examination focuses on studying past and present price action to predict the probability of Prysmian SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prysmian SpA's price. Additionally, you may evaluate how the addition of Prysmian SpA to your portfolios can decrease your overall portfolio volatility.
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