Prosus NV (Netherlands) Technical Analysis
| PRX Stock | EUR 33.67 0.42 1.26% |
As of the 7th of May, Prosus NV holds the Coefficient Of Variation of 685.6, semi deviation of 1.14, and Risk Adjusted Performance of 0.0972. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prosus NV, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Prosus NV, which can be compared to its competitors. Please check Prosus NV jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Prosus NV is priced some-what accurately, providing market reflects its current price of 33.67 per share.
Prosus NV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prosus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProsusProsus |
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.
Prosus NV Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Prosus NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Prosus NV Trend Analysis
Use this graph to draw trend lines for Prosus NV. You can use it to identify possible trend reversals for Prosus NV as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Prosus NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Prosus NV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Prosus NV applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Prosus NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 153.05, which is the sum of squared deviations for the predicted Prosus NV price change compared to its average price change.About Prosus NV Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Prosus NV on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Prosus NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Prosus NV price pattern first instead of the macroeconomic environment surrounding Prosus NV. By analyzing Prosus NV's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Prosus NV's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Prosus NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
Prosus NV May 7, 2024 Technical Indicators
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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0972 | |||
| Market Risk Adjusted Performance | 0.4894 | |||
| Mean Deviation | 1.26 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.34 | |||
| Coefficient Of Variation | 685.6 | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.5 | |||
| Information Ratio | 0.0983 | |||
| Jensen Alpha | 0.1906 | |||
| Total Risk Alpha | 0.0555 | |||
| Sortino Ratio | 0.1157 | |||
| Treynor Ratio | 0.4794 | |||
| Maximum Drawdown | 5.84 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.88 | |||
| Downside Variance | 1.8 | |||
| Semi Variance | 1.3 | |||
| Expected Short fall | (1.51) | |||
| Skewness | 0.3393 | |||
| Kurtosis | 0.31 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosus NV. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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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