Prosus Nv Adr Stock Market Value
| PROSY Stock | USD 8.66 0.10 1.14% |
| Symbol | Prosus |
Prosus NV 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Prosus NV's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Prosus NV.
| 10/22/2022 |
| 10/11/2024 |
If you would invest 0.00 in Prosus NV on October 22, 2022 and sell it all today you would earn a total of 0.00 from holding Prosus NV ADR or generate 0.0% return on investment in Prosus NV over 720 days. Prosus NV is related to or competes with Sabio Holdings. Prosus N.V. engages in the e-commerce and internet businesses More
Prosus NV Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Prosus NV's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Prosus NV ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.0965 | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 3.45 |
Prosus NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prosus NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prosus NV's standard deviation. In reality, there are many statistical measures that can use Prosus NV historical prices to predict the future Prosus NV's volatility.| Risk Adjusted Performance | 0.1259 | |||
| Jensen Alpha | 0.2166 | |||
| Total Risk Alpha | 0.0559 | |||
| Sortino Ratio | 0.118 | |||
| Treynor Ratio | 0.3446 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prosus NV's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Prosus NV ADR Backtested Returns
Prosus NV appears to be not too volatile, given 3 months investment horizon. Prosus NV ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Prosus NV ADR, which you can use to evaluate the volatility of the company. Please evaluate Prosus NV's Semi Deviation of 1.49, risk adjusted performance of 0.1259, and Coefficient Of Variation of 685.95 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Prosus NV holds a performance score of 11. The company holds a Beta of 0.87, which implies possible diversification benefits within a given portfolio. Prosus NV returns are very sensitive to returns on the market. As the market goes up or down, Prosus NV is expected to follow. Please check Prosus NV's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Prosus NV's historical price patterns will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
Prosus NV ADR has very weak reverse predictability. Overlapping area represents the amount of predictability between Prosus NV time series from 22nd of October 2022 to 17th of October 2023 and 17th of October 2023 to 11th of October 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prosus NV ADR price movement. The serial correlation of -0.02 indicates that only 2.0% of current Prosus NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Prosus NV ADR lagged returns against current returns
Autocorrelation, which is Prosus NV pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Prosus NV's pink sheet expected returns. We can calculate the autocorrelation of Prosus NV returns to help us make a trade decision. For example, suppose you find that Prosus NV has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Prosus NV regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Prosus NV pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prosus NV pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prosus NV pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Prosus NV Lagged Returns
When evaluating Prosus NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prosus NV pink sheet have on its future price. Prosus NV autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Prosus NV autocorrelation shows the relationship between Prosus NV pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Prosus NV ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Prosus Pink Sheet 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.