Provident Financial 7405 Profile
PROVIDENT FING TR I 7.405 percent 15Mar2038 is a Junior Unsecured or Junior Subordinated Unsecured issued by the corporate entity on the 11th of March 1998. Provident is trading at 104.31 as of the 18th of February 2025, a No Change since the beginning of the trading day. The bond's open price was 104.3111. Ratings for Provident Financial 7405 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of November 2024 and ending today, the 18th of February 2025. Click here to learn more.
Provident Bond Highlights
| Business Concentration | Provident Financial 7405 Corporate Bond, Financial, Insurance (View all Sectors) |
| Sub Product Asset | CORP |
| Coupon Payment Frequency | Semi-Annual |
| Callable | No |
| Sub Product Asset Type | Corporate Bond |
| Name | PROVIDENT FING TR I 7.405 percent 15Mar2038 |
| C U S I P | 743863AA0 |
| Offering Date | 11th of March 1998 |
| Coupon | 7.405 |
| Debt Type | Junior Unsecured or Junior Subordinated Unsecured |
| I S I N | US743863AA09 |
| Issuer Country | United Kingdom |
| Yield To Maturity | 7.51 |
| Price | 99.08 |
Provident Financial 7405 (743863AA0) is traded in USA.
Provident Financial 7405 Risk Profiles
| Mean Deviation | 1.07 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.04 | |||
| Risk Adjusted Performance | (0.01) |
Provident Against Markets
Provident Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Provident bond to make a market-neutral strategy. Peer analysis of Provident could also be used in its relative valuation, which is a method of valuing Provident by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in Provident Bond
Provident financial ratios help investors to determine whether Provident Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Provident with respect to the benefits of owning Provident security.