Provident Trust Strategy Fund Price on March 8, 2023
If you're considering investing in Provident Mutual Fund, it is important to understand the factors that can impact its price. Provident Trust Strategy maintains Sharpe Ratio (i.e., Efficiency) of -0.0043, which implies the entity had a -0.0043% return per unit of risk over the last 3 months. Provident Trust Strategy exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
Provident Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Provident Trust is not performing at its full potential. However, 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 Trust by adding Provident Trust to a well-diversified portfolio.
Provident Trust Valuation on March 8, 2023
It is possible to determine the worth of Provident Trust on a given historical date. On March 8, 2023 Provident was worth 15.34 at the beginning of the trading date compared to the closed value of 15.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Provident Trust mutual fund. Still, in general, we apply an absolute valuation method to find Provident Trust'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 Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Provident Trust's related companies.
Open | High | Low | Close | Volume | |
15.29 | 15.29 | 15.29 | 15.29 | 1.00 | |
03/08/2023 | 15.34 | 15.34 | 15.34 | 15.34 | 1.00 |
14.95 | 14.95 | 14.95 | 14.95 | 1.00 |
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Provident Trust Trading Date Momentum on March 8, 2023
On March 09 2023 Provident Trust Strategy was traded for 14.95 at the closing time. The highest daily price throughout the period was 14.95 and the lowest price was 14.95 . There was no trading activity during the period 1.0. Lack of trading volume on 03/09/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.54% . The trading delta at closing time to current closing price is 3.13% . |
Provident Trust Strategy Fundamentals Correlations and Trends
By evaluating Provident Trust'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 Trust'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 Trust Mutual Fund history
Provident Trust 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 Trust Strategy 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 Trust stock prices may prove useful in developing a viable investing in Provident Trust
Provident Trust Mutual Fund Technical Analysis
Provident Trust technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Provident Trust Period Price Range
Low | December 30, 2024
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0.00 | 0.00 |
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Provident Trust December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Provident Trust mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Provident Trust shares will generate the highest return on investment. By undertsting and applying Provident Trust mutual fund market strength indicators, traders can identify Provident Trust Strategy entry and exit signals to maximize returns
Provident Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Provident Trust's price direction in advance. Along with the technical and fundamental analysis of Provident Mutual Fund 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) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | (0.03) |
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Other Information on Investing in Provident Mutual Fund
Provident Trust financial ratios help investors to determine whether Provident Mutual Fund 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 Trust security.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |