Prothena to Report Third Quarter 2024 Financial Results on November 12

PRTA Stock  USD 15.81  0.68  4.49%   
About 59% of all Prothena Plc's investors are looking to take a long position. The analysis of the overall investor sentiment regarding Prothena plc suggests that some traders are interested. The current market sentiment, together with Prothena Plc's historical and current headlines, can help investors time the market. In addition, many technical investors use Prothena plc stock news signals to limit their universe of possible portfolio assets.
  
Prothena today announced that it will report its third quarter and first nine months of 2024 financial results on Tuesday, November 12, 2024.

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Prothena plc Current Investor Sentiment

Comfort Level 59

 Interested

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Prothena Plc's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Prothena plc.

Prothena Plc Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Prothena Plc can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Prothena plc Historical Investor Sentiment

Investor biases related to Prothena Plc's public news can be used to forecast risks associated with an investment in Prothena. The trend in average sentiment can be used to explain how an investor holding Prothena can time the market purely based on public headlines and social activities around Prothena plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Prothena Plc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Prothena Plc and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Prothena Plc news discussions. The higher the estimate score, the more favorable the investor's outlook on Prothena Plc.

Prothena Plc Maximum Pain Price Across April 17th 2025 Option Contracts

Prothena Plc's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Prothena Plc close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Prothena Plc's options.

Prothena Plc Fundamental Analysis

We analyze Prothena Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prothena Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prothena Plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Earnings To Growth

Price To Earnings To Growth Comparative Analysis

Prothena Plc is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Prothena plc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Prothena Plc stock to make a market-neutral strategy. Peer analysis of Prothena Plc could also be used in its relative valuation, which is a method of valuing Prothena Plc by comparing valuation metrics with similar companies.

Peers

Prothena Plc Related Equities

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ONCYOncolytics Biotech   2.94   
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ACLXArcellx   3.38   
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NUVLNuvalent   5.27   
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STOKStoke Therapeutics   5.73   
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CGEMCullinan Oncology   5.77   
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VRDNViridian Therapeutics   7.21   
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MDGLMadrigal Pharmaceuticals   8.15   
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VTYXVentyx Biosciences   8.86   
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PLRXPliant Therapeutics   59.88   
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