Prosus NV Correlations
| PROSY Stock | USD 8.66 0.10 1.14% |
The current 90-days correlation between Prosus NV ADR and Sabio Holdings is -0.14 (i.e., Good diversification). The correlation of Prosus NV 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Prosus NV Correlation With Market
Weak diversification
The correlation between Prosus NV ADR and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prosus NV ADR and DJI in the same portfolio, assuming nothing else is changed.
Prosus |
The ability to find closely correlated positions to Prosus NV 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 NV 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 NV - 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 NV ADR to buy it.
Moving together with Prosus Pink Sheet
| 0.86 | META | Meta Platforms | PairCorr |
| 0.93 | TCTZF | Tencent Holdings | PairCorr |
| 0.95 | TCEHY | Tencent Holdings | PairCorr |
| 0.96 | PROSF | Prosus | PairCorr |
| 0.74 | DASH | DoorDash, Class A | PairCorr |
| 0.78 | BAIDF | Baidu Inc | PairCorr |
| 0.75 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.69 | WMT | Walmart | PairCorr |
| 0.63 | ALGGY | Alliance Global Group | PairCorr |
Moving against Prosus Pink Sheet
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Prosus NV without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Prosus NV Corporate Management
| David Tudor | Group Officer | Profile | |
| Vasileios Sgourdos | Financial CFO | Profile | |
| Justin Weiss | Global Privacy | Profile | |
| Eoin Ryan | Head Relations | Profile | |
| Aileen OToole | Chief Officer | Profile | |
| Euro Beinat | Global Intelligence | Profile | |
| Shamiela Letsoalo | Media Director | Profile |