Prothena Plc Stock Alpha and Beta Analysis
| PRTA Stock | USD 14.15 0.40 2.75% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Prothena plc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Prothena Plc over a specified time horizon. Remember, high Prothena Plc's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Prothena Plc's market risk premium analysis include:
Beta 3.07 | Alpha (0.84) | Risk 4.51 | Sharpe Ratio (0.13) | Expected Return (0.60) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Prothena |
Prothena Plc Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Prothena Plc market risk premium is the additional return an investor will receive from holding Prothena Plc long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Prothena Plc. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Prothena Plc's performance over market.| α | -0.84 | β | 3.07 |
Prothena Plc expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Prothena Plc's Buy-and-hold return. Our buy-and-hold chart shows how Prothena Plc performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Prothena Plc Market Price Analysis
Market price analysis indicators help investors to evaluate how Prothena Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prothena Plc shares will generate the highest return on investment. By understating and applying Prothena Plc stock market price indicators, traders can identify Prothena Plc position entry and exit signals to maximize returns.
Prothena Plc Return and Market Media
The median price of Prothena Plc for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 is 16.8 with a coefficient of variation of 14.18. The daily time series for the period is distributed with a sample standard deviation of 2.44, arithmetic mean of 17.23, and mean deviation of 1.87. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Chad Swanson of 40000 shares of Prothena Plc at 16.65 subject to Rule 16b-3 | 10/01/2024 |
2 | Acquisition by Garren Hideki of 85000 shares of Prothena Plc at 30.3 subject to Rule 16b-3 | 10/04/2024 |
3 | Acquisition by Walker Karin L of 54000 shares of Prothena Plc at 30.3 subject to Rule 16b-3 | 10/23/2024 |
4 | Disposition of 66 shares by Walker Karin L of Prothena Plc at 68.9572 subject to Rule 16b-3 | 10/25/2024 |
5 | Prothena to Report Third Quarter 2024 Financial Results on November 12 | 11/05/2024 |
6 | Wellington Management Group LLPs Strategic Acquisition in Prothena Corp PLC | 11/08/2024 |
7 | Prothena Co. plc Given Consensus Recommendation of Moderate Buy by Brokerages | 11/12/2024 |
8 | EcoR1 Capital, LLC Increases Stake in Crinetics Pharmaceuticals Inc | 11/15/2024 |
9 | Prothenas SWOT analysis high-risk pipeline stock faces crucial readouts | 12/04/2024 |
10 | Wellington Management Group LLP Purchases 539,359 Shares of Prothena Co. plc - MarketBeat | 12/11/2024 |
About Prothena Plc Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Prothena or other stocks. Alpha measures the amount that position in Prothena plc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Graham Number | 18.95 | 25.61 | 17.34 | Receivables Turnover | 869.44 | 17.71 | 16.83 |
Prothena Plc Upcoming Company Events
As portrayed in its financial statements, the presentation of Prothena Plc's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Prothena Plc's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Prothena Plc's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Prothena Plc. Please utilize our Beneish M Score to check the likelihood of Prothena Plc's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Prothena Plc
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Check out Prothena Plc Backtesting, Prothena Plc Valuation, Prothena Plc Correlation, Prothena Plc Hype Analysis, Prothena Plc Volatility, Prothena Plc History and analyze Prothena Plc Performance. For information on how to trade Prothena Stock refer to our How to Trade Prothena Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Prothena Plc 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.