PROVIDENCE HEALTH SVCS Price on December 13, 2024
| 743756AE8 | 79.10 2.36 3.08% |
If you're considering investing in PROVIDENCE Bond, it is important to understand the factors that can impact its price. As of today, the current price of PROVIDENCE stands at 79.10, as last reported on the 21st of January, with the highest price reaching 79.10 and the lowest price hitting 79.10 during the day. At this point, PROVIDENCE is very steady. PROVIDENCE HEALTH SVCS maintains Sharpe Ratio (i.e., Efficiency) of 0.0346, which implies the entity had a 0.0346 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for PROVIDENCE HEALTH SVCS, which you can use to evaluate the volatility of the bond. Please check PROVIDENCE's risk adjusted performance of 0.0104, and Semi Deviation of 2.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0679%.
PROVIDENCE Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
PROVIDENCE |
Sharpe Ratio = 0.0346
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| Cash | Small Risk | 743756AE8 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average PROVIDENCE 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 PROVIDENCE by adding it to a well-diversified portfolio.
Related Headline
Twist Bioscience Headline on 13th of December 2024
Disposition of 13605 shares by Emily Leproust of Twist Biosc... by Emily Leproust
Filed transaction by Twist Bioscience Corp Director, Officer Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
PROVIDENCE Valuation on December 13, 2024
It is possible to determine the worth of PROVIDENCE on a given historical date. On December 13, 2024 PROVIDENCE was worth 79.68 at the beginning of the trading date compared to the closed value of 79.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PROVIDENCE bond. Still, in general, we apply an absolute valuation method to find PROVIDENCE'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 PROVIDENCE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PROVIDENCE's related companies.
| Open | High | Low | Close | Volume | |
| 80.49 | 80.49 | 80.49 | 80.49 | 1.00 | |
12/11/2024 | 79.68 | 79.68 | 79.68 | 79.68 | 1.00 |
| 76.82 | 76.82 | 76.82 | 76.82 | 1.00 |
| Backtest PROVIDENCE | | | PROVIDENCE History | | | PROVIDENCE Valuation | Previous | Next |
PROVIDENCE Trading Date Momentum on December 13, 2024
| On December 19 2024 PROVIDENCE HEALTH SVCS was traded for 76.82 at the closing time. The highest price during the trading period was 76.82 and the lowest recorded bid was listed for 76.82 . There was no trading activity during the period 1.0. Lack of trading volume on December 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.59% . The trading delta at closing time to the current price is 4.39% . |
About PROVIDENCE Bond history
PROVIDENCE 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 PROVIDENCE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PROVIDENCE HEALTH SVCS 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 PROVIDENCE stock prices may prove useful in developing a viable investing in PROVIDENCE
PROVIDENCE Bond Technical Analysis
PROVIDENCE technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
PROVIDENCE Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
PROVIDENCE HEALTH SVCS cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
PROVIDENCE January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how PROVIDENCE bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PROVIDENCE shares will generate the highest return on investment. By undertsting and applying PROVIDENCE bond market strength indicators, traders can identify PROVIDENCE HEALTH SVCS entry and exit signals to maximize returns
PROVIDENCE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PROVIDENCE's price direction in advance. Along with the technical and fundamental analysis of PROVIDENCE Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of PROVIDENCE 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 | 0.0104 | |||
| Jensen Alpha | 0.0024 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
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Other Information on Investing in PROVIDENCE Bond
PROVIDENCE financial ratios help investors to determine whether PROVIDENCE 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 PROVIDENCE with respect to the benefits of owning PROVIDENCE security.