Provident Financial Holdings Stock Alpha and Beta Analysis
| PROV Stock | USD 15.91 0.22 1.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Provident Financial Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Provident Financial over a specified time horizon. Remember, high Provident Financial's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Provident Financial's market risk premium analysis include:
Beta (0.24) | Alpha 0.2 | Risk 1.35 | Sharpe Ratio 0.14 | Expected Return 0.18 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Provident |
Provident Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Provident Financial market risk premium is the additional return an investor will receive from holding Provident Financial long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Provident Financial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Provident Financial's performance over market.| α | 0.20 | β | -0.24 |
Provident Financial expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Provident Financial's Buy-and-hold return. Our buy-and-hold chart shows how Provident Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Provident Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Provident Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Provident Financial shares will generate the highest return on investment. By understating and applying Provident Financial stock market price indicators, traders can identify Provident Financial position entry and exit signals to maximize returns.
Provident Financial Return and Market Media
The median price of Provident Financial for the period between Mon, Sep 30, 2024 and Sun, Dec 29, 2024 is 15.66 with a coefficient of variation of 4.95. The daily time series for the period is distributed with a sample standard deviation of 0.76, arithmetic mean of 15.45, and mean deviation of 0.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 19000 shares by Donavon Ternes of Provident Financial at 7.43 subject to Rule 16b-3 | 10/11/2024 |
2 | Banner Surpasses Q3 Earnings and Revenue Estimates | 10/16/2024 |
3 | Provident Financial Holdings Inc Shares Up 4.47 percent on Oct 22 | 10/22/2024 |
4 | Compared to Estimates, Provident Financial Q1 Earnings A Look at Key Metrics | 10/28/2024 |
5 | Provident Financial Holdings First Quarter 2025 Earnings EPS Beats Expectations | 10/30/2024 |
6 | Provident Financial Holdings Inc Q1 2025 Earnings Call Highlights Strong Core ... | 10/31/2024 |
7 | Best Income Stocks to Buy for November 5th | 11/05/2024 |
8 | Insider Trading | 11/18/2024 |
9 | LMR Partners LLP Makes New Investment in Provident Financial Services, Inc. - MarketBeat | 11/20/2024 |
| Provident Financial dividend paid on 5th of December 2024 | 12/05/2024 |
10 | Acquisition by Demirdjian Avedis of 5000 shares of Provident Financial subject to Rule 16b-3 | 12/19/2024 |
About Provident Financial Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Provident or other stocks. Alpha measures the amount that position in Provident Financial has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0378 | 0.0439 | 0.0456 | 0.0478 | Price To Sales Ratio | 3.02 | 2.22 | 2.19 | 2.55 |
Provident Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of Provident Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Provident Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Provident Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Provident Financial. Please utilize our Beneish M Score to check the likelihood of Provident Financial's management manipulating its earnings.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 24th of July 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
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Additional Tools for Provident Stock Analysis
When running Provident Financial's price analysis, check to measure Provident Financial'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 Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.