Prospector Capital Stock Forecast - Day Median Price
| PRSRDelisted Stock | USD 10.53 0.00 0.00% |
Prospector Stock Forecast is based on your current time horizon.
Prospector |
| Previous Day Median Price | Day Median Price | Trend |
| 10.54 | 10.54 |
| Check Prospector Capital Volatility | Backtest Prospector Capital | Information Ratio |
Prospector Capital Trading Date Momentum
| On November 27 2024 Prospector Capital Corp was traded for 10.53 at the closing time. The top price for the day was 10.55 and the lowest listed price was 10.53 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
The median price is the midpoint of the trading periods range.
Compare Prospector Capital to competition
Prospector Capital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Prospector Capital stock to make a market-neutral strategy. Peer analysis of Prospector Capital could also be used in its relative valuation, which is a method of valuing Prospector Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Prospector Capital Market Strength Events
Market strength indicators help investors to evaluate how Prospector Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prospector Capital shares will generate the highest return on investment. By undertsting and applying Prospector Capital stock market strength indicators, traders can identify Prospector Capital Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0019 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.54 | |||
| Day Typical Price | 10.54 | |||
| Market Facilitation Index | 0.02 | |||
| Price Action Indicator | (0.01) | |||
| Relative Strength Index | 66.5 |
Pair Trading with Prospector Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prospector Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prospector Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Prospector Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prospector Capital 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 Prospector Capital - 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 Prospector Capital Corp to buy it.
The correlation of Prospector Capital 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prospector Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prospector Capital Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prospector Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Prospector Stock
If you are still planning to invest in Prospector Capital Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Prospector Capital's history and understand the potential risks before investing.
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