Prothena Plc Stock Price on February 23, 2024
| PRTA Stock | USD 20.04 0.06 0.30% |
Below is the normalized historical share price chart for Prothena plc extending back to December 21, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Prothena Plc stands at 20.04, as last reported on the 28th of May, with the highest price reaching 20.34 and the lowest price hitting 19.89 during the day.
If you're considering investing in Prothena Stock, it is important to understand the factors that can impact its price. Prothena plc maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. Prothena plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prothena Plc's Risk Adjusted Performance of (0.06), variance of 12.14, and Coefficient Of Variation of (898.23) to confirm the risk estimate we provide.
The current year's Stock Based Compensation is expected to grow to about 43 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 35.1 M. . At present, Prothena Plc's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.62, whereas Price To Sales Ratio is forecasted to decline to 20.11. Prothena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of December 2012 | 200 Day MA 35.4012 | 50 Day MA 22.7414 | Beta 0.302 |
Prothena |
Sharpe Ratio = -0.1582
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| Negative Returns | PRTA |
Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prothena Plc 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 Prothena Plc by adding Prothena Plc to a well-diversified portfolio.
Price Book 2.1283 | Enterprise Value Ebitda (3.09) | Price Sales 13.0759 | Shares Float 38.3 M | Wall Street Target Price 63.43 |
Prothena Plc Valuation on February 23, 2024
It is possible to determine the worth of Prothena Plc on a given historical date. On February 23, 2024 Prothena was worth 27.03 at the beginning of the trading date compared to the closed value of 27.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prothena Plc stock. Still, in general, we apply an absolute valuation method to find Prothena Plc'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 Prothena Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prothena Plc's related companies.
| Open | High | Low | Close | Volume | |
| 27.00 | 27.50 | 26.13 | 26.95 | 642,197 | |
02/23/2024 | 27.03 | 27.65 | 26.80 | 27.22 | 586,766 |
| 27.20 | 28.43 | 27.20 | 28.18 | 537,535 |
| Backtest Prothena Plc | | | Prothena Plc History | | | Prothena Plc Valuation | Previous | Next |
Prothena Plc Trading Date Momentum on February 23, 2024
| On February 26 2024 Prothena plc was traded for 28.18 at the closing time. The top price for the day was 28.43 and the lowest listed price was 27.20 . The trading volume for the day was 537.5 K. The trading history from February 26, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 3.53% . The trading delta at closing time against the current closing price is 5.91% . |
Prothena plc Fundamentals Correlations and Trends
By evaluating Prothena Plc'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 Prothena Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prothena financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prothena Plc Stock history
Prothena Plc 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 Prothena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prothena plc 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 Prothena Plc stock prices may prove useful in developing a viable investing in Prothena Plc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 53.2 M | 35.1 M | |
| Net Loss | -105.3 M | -110.5 M |
Prothena Plc Quarterly Net Working Capital |
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Prothena Plc Stock Technical Analysis
Prothena Plc 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
Prothena Plc Period Price Range
Low | February 23, 2024
| High |
27.03 | 27.22 |
Prothena Plc May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Prothena Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prothena Plc shares will generate the highest return on investment. By undertsting and applying Prothena Plc stock market strength indicators, traders can identify Prothena plc entry and exit signals to maximize returns
| Accumulation Distribution | 18038.01 | |||
| Daily Balance Of Power | 0.2235 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 27.23 | |||
| Day Typical Price | 27.22 | |||
| Price Action Indicator | 0.09 | |||
| Period Momentum Indicator | (7.18) | |||
| Relative Strength Index | 54.76 |
Prothena Plc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prothena Plc's price direction in advance. Along with the technical and fundamental analysis of Prothena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prothena 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 | (0.06) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.17) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prothena plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Prothena Stock analysis
When running Prothena Plc's price analysis, check to measure Prothena Plc'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 Prothena Plc is operating at the current time. Most of Prothena Plc's value examination focuses on studying past and present price action to predict the probability of Prothena Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prothena Plc's price. Additionally, you may evaluate how the addition of Prothena Plc to your portfolios can decrease your overall portfolio volatility.
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Is Prothena Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prothena Plc. If investors know Prothena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prothena Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.21) | Revenue Per Share 1.668 | Quarterly Revenue Growth (0.98) | Return On Assets (0.20) | Return On Equity (0.31) |
The market value of Prothena plc is measured differently than its book value, which is the value of Prothena that is recorded on the company's balance sheet. Investors also form their own opinion of Prothena Plc's value that differs from its market value or its book value, called intrinsic value, which is Prothena Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prothena Plc's market value can be influenced by many factors that don't directly affect Prothena Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prothena Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prothena Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prothena Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.