Prosus NV Stock Forecast - Daily Balance Of Power

PRX Stock   71,651  547.00  0.76%   
Prosus Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Prosus NV stock prices and determine the direction of Prosus NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Prosus NV's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Prosus NV has current Daily Balance Of Power of (0.50). Balance of Power indicator (or BOP) measures the strength of Prosus NV market sensitivity to bulls and bears. It estimates the ability of Prosus NV buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Prosus NV Balance of Power indicator one can determine a trend of the price direction.
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Prosus NV Trading Date Momentum

On November 22 2024 Prosus NV was traded for  71,651  at the closing time. The highest price during the trading period was 72,043  and the lowest recorded bid was listed for  70,942 . The volume for the day was 683.9 K. This history from November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 0.55% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Prosus NV

For every potential investor in Prosus, whether a beginner or expert, Prosus NV's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prosus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prosus. Basic forecasting techniques help filter out the noise by identifying Prosus NV's price trends.

Prosus NV 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 Prosus NV stock to make a market-neutral strategy. Peer analysis of Prosus NV could also be used in its relative valuation, which is a method of valuing Prosus NV by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Prosus NV Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Prosus NV's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Prosus NV's current price.

Prosus NV Market Strength Events

Market strength indicators help investors to evaluate how Prosus NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prosus NV shares will generate the highest return on investment. By undertsting and applying Prosus NV stock market strength indicators, traders can identify Prosus NV entry and exit signals to maximize returns.

Prosus NV Risk Indicators

The analysis of Prosus NV's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Prosus NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prosus stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

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.

Other Information on Investing in Prosus Stock

Prosus NV financial ratios help investors to determine whether Prosus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prosus with respect to the benefits of owning Prosus NV security.