Prysmian Spa Stock Price on September 16, 2024

PRYMF Stock  USD 62.93  0.68  1.09%   
If you're considering investing in Prysmian Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Prysmian SpA stands at 62.93, as last reported on the 23rd of November, with the highest price reaching 62.99 and the lowest price hitting 61.90 during the day. Prysmian SpA maintains Sharpe Ratio (i.e., Efficiency) of -0.0386, which implies the firm had a -0.0386% return per unit of risk over the last 3 months. Prysmian SpA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prysmian SpA's Risk Adjusted Performance of (0.01), variance of 7.69, and Coefficient Of Variation of (4,985) to confirm the risk estimate we provide.
  
Prysmian Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0386

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Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.11
  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 Prysmian SpA 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 Prysmian SpA by adding Prysmian SpA to a well-diversified portfolio.

Prysmian SpA Valuation on September 16, 2024

It is possible to determine the worth of Prysmian SpA on a given historical date. On September 16, 2024 Prysmian was worth 70.21 at the beginning of the trading date compared to the closed value of 70.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prysmian SpA pink sheet. Still, in general, we apply an absolute valuation method to find Prysmian SpA'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 Prysmian SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prysmian SpA's related companies.
 Open High Low Close Volume
  70.21    70.21    70.21    70.21    452.00  
09/16/2024
  70.21    70.21    70.21    70.21    400.00  
  68.02    68.02    68.02    68.02    2,100  
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Open Value
70.21
70.21
Closing Value
78.53
Upside

Prysmian SpA Trading Date Momentum on September 16, 2024

On September 17 2024 Prysmian SpA was traded for  68.02  at the closing time. The highest daily price throughout the period was 68.02  and the lowest price was  68.02 . The daily volume was 2.1 K. The net trading volume on 09/17/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 3.12% . The trading delta at closing time to current closing price is 8.96% .

Prysmian SpA Fundamentals Correlations and Trends

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

About Prysmian SpA Pink Sheet history

Prysmian SpA 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 Prysmian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prysmian SpA 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 Prysmian SpA stock prices may prove useful in developing a viable investing in Prysmian SpA
Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. Prysmian S.p.A. was founded in 1879 and is headquartered in Milan, Italy. PRYSMIAN SPA operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 30862 people.

Prysmian SpA Pink Sheet Technical Analysis

Prysmian SpA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Prysmian SpA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prysmian SpA 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

Prysmian SpA Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Prysmian SpA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Prysmian SpA November 23, 2024 Market Strength

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

Prysmian SpA Technical and Predictive Indicators

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

Complementary Tools for Prysmian Pink Sheet analysis

When running Prysmian SpA's price analysis, check to measure Prysmian SpA'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 Prysmian SpA is operating at the current time. Most of Prysmian SpA's value examination focuses on studying past and present price action to predict the probability of Prysmian SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prysmian SpA's price. Additionally, you may evaluate how the addition of Prysmian SpA to your portfolios can decrease your overall portfolio volatility.
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