Proximar Seafood (Norway) Price on September 6, 2024
| PROXI Stock | NOK 3.63 0.06 1.63% |
If you're considering investing in Proximar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Proximar Seafood stands at 3.63, as last reported on the 23rd of November, with the highest price reaching 3.69 and the lowest price hitting 3.48 during the day. Proximar Seafood maintains Sharpe Ratio (i.e., Efficiency) of -0.0441, which implies the firm had a -0.0441% return per unit of risk over the last 3 months. Proximar Seafood exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Proximar Seafood's Coefficient Of Variation of (1,927), risk adjusted performance of (0.03), and Variance of 5.73 to confirm the risk estimate we provide.
Proximar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Proximar |
Sharpe Ratio = -0.0441
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| Negative Returns | PROXI |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Proximar Seafood 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 Proximar Seafood by adding Proximar Seafood to a well-diversified portfolio.
Proximar Seafood Valuation on September 6, 2024
It is possible to determine the worth of Proximar Seafood on a given historical date. On September 6, 2024 Proximar was worth 3.66 at the beginning of the trading date compared to the closed value of 3.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Proximar Seafood stock. Still, in general, we apply an absolute valuation method to find Proximar Seafood'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 Proximar Seafood where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Proximar Seafood's related companies.
| Open | High | Low | Close | Volume | |
| 3.86 | 3.86 | 3.68 | 3.76 | 127,028 | |
09/06/2024 | 3.66 | 3.70 | 3.60 | 3.64 | 37,390 |
| 3.55 | 3.67 | 3.55 | 3.56 | 121,974 |
| Backtest Proximar Seafood | | | Proximar Seafood History | | | Proximar Seafood Valuation | Previous | Next |
Proximar Seafood Trading Date Momentum on September 6, 2024
| On September 09 2024 Proximar Seafood AS was traded for 3.56 at the closing time. The highest price during the trading period was 3.67 and the lowest recorded bid was listed for 3.55 . The volume for the day was 122 K. This history from September 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.20% . The trading delta at closing time to the current price is 4.95% . |
Proximar Seafood Fundamentals Correlations and Trends
By evaluating Proximar Seafood'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 Proximar Seafood's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Proximar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Proximar Seafood Stock history
Proximar Seafood 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 Proximar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Proximar Seafood 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 Proximar Seafood stock prices may prove useful in developing a viable investing in Proximar Seafood
Proximar Seafood Stock Technical Analysis
Proximar Seafood 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
Proximar Seafood Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Proximar Seafood AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Proximar Seafood November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Proximar Seafood stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Proximar Seafood shares will generate the highest return on investment. By undertsting and applying Proximar Seafood stock market strength indicators, traders can identify Proximar Seafood AS entry and exit signals to maximize returns
Proximar Seafood Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Proximar Seafood's price direction in advance. Along with the technical and fundamental analysis of Proximar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Proximar 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 | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.37) |
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Other Information on Investing in Proximar Stock
Proximar Seafood financial ratios help investors to determine whether Proximar 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 Proximar with respect to the benefits of owning Proximar Seafood security.