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.
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% .
PSI 20 Period Price Range
|December 5, 2023
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
|Coefficient Of Variation
|Total Risk Alpha
|Value At Risk
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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