Provident Agro (Indonesia) Price on November 15, 2024
| PALM Stock | IDR 394.00 4.00 1.01% |
If you're considering investing in Provident Stock, it is important to understand the factors that can impact its price. As of today, the current price of Provident Agro stands at 394.00, as last reported on the 29th of November, with the highest price reaching 398.00 and the lowest price hitting 386.00 during the day. As of now, Provident Stock is very steady. Provident Agro Tbk maintains Sharpe Ratio (i.e., Efficiency) of 0.0338, which implies the firm had a 0.0338% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Provident Agro Tbk, which you can use to evaluate the volatility of the company. Please check Provident Agro's Coefficient Of Variation of 1785.13, semi deviation of 1.31, and Risk Adjusted Performance of 0.0483 to confirm if the risk estimate we provide is consistent with the expected return of 0.0539%.
Provident Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Provident |
Sharpe Ratio = 0.0338
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Provident Agro is performing at about 2% of its full potential. 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 Provident Agro by adding it to a well-diversified portfolio.
Provident Agro Valuation on November 15, 2024
It is possible to determine the worth of Provident Agro on a given historical date. On November 15, 2024 Provident was worth 402.0 at the beginning of the trading date compared to the closed value of 398.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Provident Agro stock. Still, in general, we apply an absolute valuation method to find Provident Agro'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 Provident Agro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Provident Agro's related companies.
| Open | High | Low | Close | Volume | |
| 398.00 | 402.00 | 392.00 | 402.00 | 172,300 | |
11/15/2024 | 402.00 | 402.00 | 392.00 | 398.00 | 480,700 |
| 394.00 | 400.00 | 388.00 | 394.00 | 89,100 |
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Provident Agro Trading Date Momentum on November 15, 2024
| On November 18 2024 Provident Agro Tbk was traded for 394.00 at the closing time. The highest price during the trading period was 400.00 and the lowest recorded bid was listed for 388.00 . The volume for the day was 89.1 K. This history from November 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.01% . The trading delta at closing time to the current price is 0.00% . |
Provident Agro Tbk Fundamentals Correlations and Trends
By evaluating Provident Agro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Provident Agro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Provident financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Provident Agro Stock history
Provident Agro 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 Provident is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Provident Agro Tbk 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 Provident Agro stock prices may prove useful in developing a viable investing in Provident Agro
PT Provident Agro Tbk, together with its subsidiaries, engages in the operation of palm oil plantations in Indonesia. The company was founded in 2006 and is headquartered in Jakarta, Indonesia. Provident Agro operates under Farm Products classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 742 people.
Provident Agro Stock Technical Analysis
Provident Agro 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
Provident Agro Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Provident Agro Tbk cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta Exchange. 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.
Provident Agro November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Provident Agro 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 Agro shares will generate the highest return on investment. By undertsting and applying Provident Agro stock market strength indicators, traders can identify Provident Agro Tbk entry and exit signals to maximize returns
Provident Agro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Provident Agro's price direction in advance. Along with the technical and fundamental analysis of Provident Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Provident 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 | 0.0483 | |||
| Jensen Alpha | 0.056 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3626 |
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Other Information on Investing in Provident Stock
Provident Agro financial ratios help investors to determine whether Provident Stock 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 Agro security.