Prysmian SpA (Germany) Price on March 26, 2024
| AEU Stock | EUR 56.52 1.32 2.28% |
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 56.52, as last reported on the 19th of May, with the highest price reaching 57.02 and the lowest price hitting 56.34 during the day. Prysmian SpA appears to be very steady, given 3 months investment horizon. Prysmian SpA maintains Sharpe Ratio (i.e., Efficiency) of 0.3, which implies the firm had a 0.3% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Prysmian SpA, which you can use to evaluate the volatility of the company. Please evaluate Prysmian SpA's Coefficient Of Variation of 289.47, risk adjusted performance of 0.2085, and Semi Deviation of 0.8226 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 = 0.3012
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AEU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Prysmian SpA is performing at about 23% 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 March 26, 2024
It is possible to determine the worth of Prysmian SpA on a given historical date. On March 26, 2024 Prysmian was worth 49.99 at the beginning of the trading date compared to the closed value of 49.09. 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 | |
| 50.00 | 50.10 | 48.76 | 48.76 | 1,036 | |
03/26/2024 | 49.99 | 49.99 | 49.09 | 49.09 | 586.00 |
| 49.66 | 49.66 | 48.51 | 48.51 | 520.00 |
| Backtest Prysmian SpA | | | Prysmian SpA History | | | Prysmian SpA Valuation | Previous | Next |
Prysmian SpA Trading Date Momentum on March 26, 2024
| On March 27 2024 Prysmian SpA was traded for 48.51 at the closing time. The highest daily price throughout the period was 49.66 and the lowest price was 48.51 . The daily volume was 520. The net trading volume on 03/27/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.18% . The trading delta at closing time to current closing price is 2.79% . |
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 | March 26, 2024
| High |
49.99 | 49.09 |
Prysmian SpA May 19, 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 | 0.2085 | |||
| Jensen Alpha | 0.4879 | |||
| Total Risk Alpha | 0.2802 | |||
| Sortino Ratio | 0.3088 | |||
| Treynor Ratio | 2.07 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Global Correlations Find global opportunities by holding instruments from different markets |