PSI 20 (Portugal) Price on December 5, 2023

PSI20 Index   6,226  19.87  0.32%   
Below is the normalized historical share price chart for PSI 20 Stock extending back to December 31, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PSI 20 stands at 6,226, as last reported on the 20th of February, with the highest price reaching 6,269 and the lowest price hitting 6,222 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in PSI Index, it is important to understand the factors that can impact its stock price. PSI 20 Stock maintains Sharpe Ratio (i.e., Efficiency) of -0.0145, which implies the entity had -0.0145% return per unit of volatility over the last 3 months. Our approach towards forecasting the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. PSI 20 Stock exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away.
PSI Index stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0145

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Negative ReturnsPSI20

Estimated Market Risk

 0.77
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average PSI 20 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 PSI 20 by adding PSI 20 to a well-diversified portfolio.

PSI 20 Valuation on December 5, 2023

It is possible to determine the worth of PSI 20 on a given historical date. On December 5, 2023 PSI was worth 6569.5 at the beginning of the trading date compared to the closed value of 6576.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PSI 20 index. Still, in general, we apply an absolute valuation method to find PSI 20'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 PSI 20 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PSI 20's related companies.
 Open High Low Close Volume
  6,536    6,582    6,530    6,572    185,902,382  
12/05/2023
  6,570    6,620    6,559    6,576    145,810,323  
  6,587    6,635    6,571    6,610    100,627,322  
Backtest PSI 20  |  PSI 20 History  PreviousNext  
Open Value
6569.5
6576.12
Closing Value
6,572
Upside

PSI 20 Trading Date Momentum on December 5, 2023

On December 06 2023 PSI 20 Stock was traded for  6,610  at the closing time. The highest price during the trading period was 6,635  and the lowest recorded bid was listed for  6,571 . The volume for the day was 100.6 M. This history from December 6, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.51% . The trading delta at closing time to the current price is 0.77% .

Price Boundaries

PSI 20 Period Price Range

Low
December 5, 2023
High

 6,570 

  

 6,576 

6.620.10%

PSI 20 February 20, 2024 Market Strength

Market strength indicators help investors to evaluate how PSI 20 index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PSI 20 shares will generate the highest return on investment. By undertsting and applying PSI 20 index market strength indicators, traders can identify PSI 20 Stock entry and exit signals to maximize returns

PSI 20 Technical Drivers

PSI 20 February 20, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PSI stock's direction in advance. Along with the technical and fundamental analysis of PSI Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of PSI 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 stock 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(0.01)
Mean Deviation0.6377
Coefficient Of Variation(7,704)
Standard Deviation0.7626
Variance0.5815
Information Ratio(0.26)
Total Risk Alpha(0.22)
Maximum Drawdown3.62
Value At Risk(1.22)
Potential Upside1.13
Skewness0.153
Kurtosis(0.35)
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for PSI Index analysis

When running PSI 20's price analysis, check to measure PSI 20'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 PSI 20 is operating at the current time. Most of PSI 20's value examination focuses on studying past and present price action to predict the probability of PSI 20's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PSI 20's price. Additionally, you may evaluate how the addition of PSI 20 to your portfolios can decrease your overall portfolio volatility.
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