Provident Financial Holdings Stock Price on September 20, 2023
If you're considering investing in Provident Stock, it is important to understand the factors that can impact its price. At this stage we consider Provident Stock to be very steady. Provident Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Provident Financial, which you can use to evaluate the volatility of the company. Please check Provident Financial's Semi Deviation of 1.03, coefficient of variation of 753.89, and Risk Adjusted Performance of 0.1117 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Provident Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Provident |
Sharpe Ratio = 0.1326
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Provident Financial is performing at about 10% 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 Financial by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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| CRM | Salesforce | |
| MSFT | Microsoft |
Price Boundaries
Provident Financial Period Price Range
Low | January 4, 2025
| High |
0.00 | 0.00 |
Provident Financial Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Financial January 4, 2025 Market Strength
Market strength 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 undertsting and applying Provident Financial stock market strength indicators, traders can identify Provident Financial Holdings entry and exit signals to maximize returns
Provident Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Provident Financial'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 | 0.1117 | |||
| Jensen Alpha | 0.1742 | |||
| Total Risk Alpha | 0.1507 | |||
| Sortino Ratio | 0.1308 | |||
| Treynor Ratio | (0.79) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Tools for Provident Stock
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.
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