Prothena Plc Stock Technical Analysis
| PRTA Stock | USD 13.78 1.22 8.13% |
As of the 4th of December, Prothena Plc holds the Variance of 19.63, risk adjusted performance of (0.1), and Coefficient Of Variation of (708.18). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prothena Plc, as well as the relationship between them.
Prothena Plc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prothena, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProthenaProthena |
Prothena Plc Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 89.39 | Strong Buy | 8 | Odds |
Most Prothena analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Prothena stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Prothena plc, talking to its executives and customers, or listening to Prothena conference calls.
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.
Prothena plc Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Prothena plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Prothena plc Trend Analysis
Use this graph to draw trend lines for Prothena plc. You can use it to identify possible trend reversals for Prothena Plc as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Prothena Plc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Prothena Plc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Prothena plc applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that Prothena plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 453.25, which is the sum of squared deviations for the predicted Prothena Plc price change compared to its average price change.About Prothena Plc Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Prothena plc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Prothena plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Prothena plc price pattern first instead of the macroeconomic environment surrounding Prothena plc. By analyzing Prothena Plc's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Prothena Plc's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Prothena Plc specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Graham Number | 18.95 | 25.61 | 17.34 | Receivables Turnover | 869.44 | 17.71 | 16.83 |
Prothena Plc December 4, 2024 Technical Indicators
Most technical analysis of Prothena help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Prothena from various momentum indicators to cycle indicators. When you analyze Prothena charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 2.91 | |||
| Coefficient Of Variation | (708.18) | |||
| Standard Deviation | 4.43 | |||
| Variance | 19.63 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | (0.22) | |||
| Maximum Drawdown | 27.95 | |||
| Value At Risk | (7.46) | |||
| Potential Upside | 4.0 | |||
| Skewness | (0.40) | |||
| Kurtosis | 4.31 |
Complementary Tools for Prothena Stock analysis
When running Prothena Plc's price analysis, check to measure Prothena Plc'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 Prothena Plc is operating at the current time. Most of Prothena Plc's value examination focuses on studying past and present price action to predict the probability of Prothena Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prothena Plc's price. Additionally, you may evaluate how the addition of Prothena Plc to your portfolios can decrease your overall portfolio volatility.
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