Proximus (Belgium) Price on October 16, 2024
| PROX Stock | EUR 5.14 0.42 7.55% |
If you're considering investing in Proximus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Proximus stands at 5.14, as last reported on the 11th of December 2024, with the highest price reaching 5.59 and the lowest price hitting 5.01 during the day. Proximus NV maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Proximus NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Proximus' Variance of 3.4, risk adjusted performance of (0.11), and Coefficient Of Variation of (603.61) to confirm the risk estimate we provide.
Proximus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Proximus |
Sharpe Ratio = -0.1683
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Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Proximus 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 Proximus by adding Proximus to a well-diversified portfolio.
Proximus Valuation on October 16, 2024
It is possible to determine the worth of Proximus on a given historical date. On October 16, 2024 Proximus was worth 6.07 at the beginning of the trading date compared to the closed value of 6.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Proximus stock. Still, in general, we apply an absolute valuation method to find Proximus' 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 Proximus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Proximus' related companies.
| Open | High | Low | Close | Volume | |
| 6.07 | 6.12 | 6.01 | 6.08 | 440,401 | |
10/16/2024 | 6.07 | 6.21 | 6.06 | 6.19 | 524,100 |
| 6.18 | 6.18 | 6.12 | 6.13 | 250,096 |
| Backtest Proximus | | | Proximus History | | | Proximus Valuation | Previous | Next |
Proximus Trading Date Momentum on October 16, 2024
| On October 17 2024 Proximus NV was traded for 6.13 at the closing time. The highest price during the trading period was 6.18 and the lowest recorded bid was listed for 6.12 . The volume for the day was 250.1 K. This history from October 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.97% . The trading delta at closing time to the current price is 0.65% . |
Proximus NV Fundamentals Correlations and Trends
By evaluating Proximus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Proximus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Proximus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Proximus Stock history
Proximus 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 Proximus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Proximus NV 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 Proximus stock prices may prove useful in developing a viable investing in Proximus
Proximus PLC provides digital services and communication solutions in Belgium and internationally. Proximus PLC was founded in 1930 and is headquartered in Brussels, Belgium. PROXIMUS operates under Telecom Services classification in Belgium and is traded on Brussels Stock Exchange. It employs 11435 people.
Proximus Stock Technical Analysis
Proximus 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.
Price Boundaries
Proximus Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Proximus NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
Proximus December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Proximus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Proximus shares will generate the highest return on investment. By undertsting and applying Proximus stock market strength indicators, traders can identify Proximus NV entry and exit signals to maximize returns
Proximus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Proximus' price direction in advance. Along with the technical and fundamental analysis of Proximus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Proximus 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.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 22.2 |
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Additional Tools for Proximus Stock Analysis
When running Proximus' price analysis, check to measure Proximus' 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 Proximus is operating at the current time. Most of Proximus' value examination focuses on studying past and present price action to predict the probability of Proximus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Proximus' price. Additionally, you may evaluate how the addition of Proximus to your portfolios can decrease your overall portfolio volatility.