Proact IT (Sweden) Price on November 6, 2024
PACT Stock | SEK 132.40 2.00 1.49% |
If you're considering investing in Proact Stock, it is important to understand the factors that can impact its price. As of today, the current price of Proact IT stands at 132.40, as last reported on the 30th of November, with the highest price reaching 134.00 and the lowest price hitting 130.40 during the day. Proact IT Group maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Proact IT Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Proact IT's Variance of 2.42, risk adjusted performance of (0.11), and Coefficient Of Variation of (664.26) to confirm the risk estimate we provide.
Proact Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Proact |
Sharpe Ratio = -0.1505
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Estimated Market Risk
1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Proact IT is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Proact IT by adding Proact IT to a well-diversified portfolio.
Proact IT Valuation on November 6, 2024
It is possible to determine the worth of Proact IT on a given historical date. On November 6, 2024 Proact was worth 137.0 at the beginning of the trading date compared to the closed value of 135.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Proact IT stock. Still, in general, we apply an absolute valuation method to find Proact IT's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Proact IT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Proact IT's related companies.
Open | High | Low | Close | Volume | |
136.40 | 137.60 | 135.60 | 136.00 | 21,235 | |
11/06/2024 | 137.00 | 138.20 | 135.20 | 135.20 | 15,526 |
135.20 | 136.80 | 135.00 | 135.20 | 13,987 |
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Proact IT Trading Date Momentum on November 6, 2024
On November 07 2024 Proact IT Group was traded for 135.20 at the closing time. The highest price during the trading period was 136.80 and the lowest recorded bid was listed for 135.00 . The volume for the day was 14 K. This history from November 7, 2024 did not cause price change. The trading delta at closing time to the current price is 2.96% . |
Proact IT Group Fundamentals Correlations and Trends
By evaluating Proact IT's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Proact IT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Proact financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Proact IT Stock history
Proact IT investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Proact is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Proact IT Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Proact IT stock prices may prove useful in developing a viable investing in Proact IT
Proact IT Group AB , together with its subsidiaries, provides data and information management services with focus on cloud services and data center solutions. Proact IT Group AB was incorporated in 1994 and is headquartered in Kista, Sweden. Proact IT operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1049 people.
Proact IT Stock Technical Analysis
Proact IT technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Proact IT Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Proact IT Group cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Proact IT November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Proact IT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Proact IT shares will generate the highest return on investment. By undertsting and applying Proact IT stock market strength indicators, traders can identify Proact IT Group entry and exit signals to maximize returns
Proact IT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Proact IT's price direction in advance. Along with the technical and fundamental analysis of Proact Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Proact to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.11) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | 1.14 |
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Additional Tools for Proact Stock Analysis
When running Proact IT's price analysis, check to measure Proact IT'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 Proact IT is operating at the current time. Most of Proact IT's value examination focuses on studying past and present price action to predict the probability of Proact IT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Proact IT's price. Additionally, you may evaluate how the addition of Proact IT to your portfolios can decrease your overall portfolio volatility.