Prosus Nv Adr Stock Probability of Future Pink Sheet Price Finishing Over 9.92
PROSY Stock | USD 8.14 0.11 1.37% |
Prosus |
Prosus NV Target Price Odds to finish over 9.92
The tendency of Prosus Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move over $ 9.92 or more in 90 days |
8.14 | 90 days | 9.92 | near 1 |
Based on a normal probability distribution, the odds of Prosus NV to move over $ 9.92 or more in 90 days from now is near 1 (This Prosus NV ADR probability density function shows the probability of Prosus Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Prosus NV ADR price to stay between its current price of $ 8.14 and $ 9.92 at the end of the 90-day period is about 48.53 .
Assuming the 90 days horizon Prosus NV has a beta of 0.25 indicating as returns on the market go up, Prosus NV average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prosus NV ADR will be expected to be much smaller as well. Additionally Prosus NV ADR has an alpha of 0.1076, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Prosus NV Price Density |
Price |
Predictive Modules for Prosus NV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prosus NV ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prosus NV is not an exception. The market had few large corrections towards the Prosus NV's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Prosus NV ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prosus NV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | 0.01 |
Prosus NV Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Prosus NV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prosus NV ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Prosus NV ADR has accumulated about 13.57 B in cash with (605 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07. |
Prosus NV Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Prosus Pink Sheet often depends not only on the future outlook of the current and potential Prosus NV's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Prosus NV's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 2 B |
Prosus NV Technical Analysis
Prosus NV's future price can be derived by breaking down and analyzing its technical indicators over time. Prosus Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prosus NV ADR. In general, you should focus on analyzing Prosus Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Prosus NV Predictive Forecast Models
Prosus NV's time-series forecasting models is one of many Prosus NV's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Prosus NV's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Prosus NV ADR
Checking the ongoing alerts about Prosus NV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prosus NV ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Prosus NV ADR has accumulated about 13.57 B in cash with (605 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07. |
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.