Prosus Correlations
| PROSF Stock | USD 39.53 0.47 1.17% |
The current 90-days correlation between Prosus and DouYu International Holdings is 0.08 (i.e., Significant diversification). The correlation of Prosus 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.
Prosus Correlation With Market
Average diversification
The correlation between Prosus and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prosus and DJI in the same portfolio, assuming nothing else is changed.
Prosus |
The ability to find closely correlated positions to Prosus 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 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 - 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 to buy it.
Moving together with Prosus Pink Sheet
| 0.89 | META | Meta Platforms | PairCorr |
| 0.91 | TCTZF | Tencent Holdings | PairCorr |
| 0.9 | TCEHY | Tencent Holdings | PairCorr |
| 0.96 | PROSY | Prosus NV ADR Earnings Call This Week | PairCorr |
| 0.61 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.74 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.62 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.69 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.65 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.7 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against Prosus Pink Sheet
| 0.71 | NFPDF | Nissin Foods Holdings | PairCorr |
| 0.55 | AMIX | Autonomix Medical, Common | PairCorr |
| 0.43 | NPSNY | Naspers Ltd ADR Earnings Call This Week | PairCorr |
| 0.37 | DAIUF | Daifuku | PairCorr |
| 0.43 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| -0.08 | 0.55 | -0.55 | -0.42 | -0.45 | TRVG | ||
| -0.08 | -0.25 | 0.1 | 0.19 | 0.26 | YY | ||
| 0.55 | -0.25 | -0.07 | 0.05 | -0.19 | DOYU | ||
| -0.55 | 0.1 | -0.07 | 0.86 | 0.84 | TME | ||
| -0.42 | 0.19 | 0.05 | 0.86 | 0.8 | MOMO | ||
| -0.45 | 0.26 | -0.19 | 0.84 | 0.8 | ZH | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Prosus Pink Sheet performing well and Prosus Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Prosus' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TRVG | 1.20 | (0.25) | 0.00 | 1.31 | 0.00 | 1.74 | 11.03 | |||
| YY | 1.50 | (0.03) | (0.06) | (0.01) | 2.02 | 3.61 | 8.81 | |||
| DOYU | 4.18 | (0.81) | 0.00 | (0.14) | 0.00 | 7.28 | 53.61 | |||
| TME | 2.39 | 0.12 | 0.04 | 0.27 | 2.38 | 5.81 | 21.86 | |||
| MOMO | 2.11 | (0.04) | 0.00 | 0.25 | 0.00 | 3.99 | 15.29 | |||
| ZH | 3.02 | 0.16 | 0.06 | 0.26 | 3.11 | 6.49 | 23.67 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Prosus 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 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 |