Prosafe SE (Norway) Price on June 9, 2023

PRS Stock  NOK 6.64  0.09  1.34%   
If you're considering investing in Prosafe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prosafe SE stands at 6.64, as last reported on the 30th of November, with the highest price reaching 7.05 and the lowest price hitting 6.45 during the day. Prosafe SE maintains Sharpe Ratio (i.e., Efficiency) of -0.4, which implies the firm had a -0.4% return per unit of risk over the last 3 months. Prosafe SE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prosafe SE's Coefficient Of Variation of (247.28), risk adjusted performance of (0.30), and Variance of 31.18 to confirm the risk estimate we provide.
  
Prosafe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.3994

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Estimated Market Risk

 5.63
  actual daily
50
50% of assets are less volatile

Expected Return

 -2.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.4
  actual daily
0
Most of other assets perform better
Based on monthly moving average Prosafe SE 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 Prosafe SE by adding Prosafe SE to a well-diversified portfolio.

Prosafe SE Valuation on June 9, 2023

It is possible to determine the worth of Prosafe SE on a given historical date. On June 9, 2023 Prosafe was worth 124.4 at the beginning of the trading date compared to the closed value of 119.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prosafe SE stock. Still, in general, we apply an absolute valuation method to find Prosafe SE'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 Prosafe SE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prosafe SE's related companies.
 Open High Low Close Volume
  117.00    118.80    115.20    117.00    25,326  
06/09/2023
  124.40    124.40    117.20    119.60    15,753  
  119.40    119.40    113.20    113.80    63,926  
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Open Value
124.4
107.52
Downside
119.6
Closing Value
141.28
Upside

Prosafe SE Trading Date Momentum on June 9, 2023

On June 12 2023 Prosafe SE was traded for  113.80  at the closing time. The maximum traded price for the trading interval was 119.40  and the lowest daily price was  113.20 . The daily volume was recorded at 63.9 K. The volume of trading on 12th of June 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 4.85% . The trading delta at closing time to the closing price today is 1.34% .

Prosafe SE Fundamentals Correlations and Trends

By evaluating Prosafe SE'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 Prosafe SE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prosafe financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Prosafe SE Stock history

Prosafe SE 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 Prosafe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prosafe SE 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 Prosafe SE stock prices may prove useful in developing a viable investing in Prosafe SE
Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and Asia. The company was founded in 1972 and is headquartered in Stavanger, Norway. PROSAFE SE operates under Oil And Gas Equipment And Services classification in Norway and is traded on Oslo Stock Exchange. It employs 103 people.

Prosafe SE Stock Technical Analysis

Prosafe SE 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.
A focus of Prosafe SE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prosafe SE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Prosafe SE Period Price Range

Low
November 30, 2024
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High

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Prosafe SE 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.

Prosafe SE November 30, 2024 Market Strength

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

Prosafe SE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Prosafe SE's price direction in advance. Along with the technical and fundamental analysis of Prosafe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prosafe 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.

Other Information on Investing in Prosafe Stock

Prosafe SE financial ratios help investors to determine whether Prosafe 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 Prosafe with respect to the benefits of owning Prosafe SE security.