Bernstein Maintains Apple Market Perform Recommendation - Nasdaq
PROVX Fund | USD 19.96 0.13 0.66% |
Slightly above 52% of Provident Trust's investor base is interested to short. The analysis of overall sentiment of trading Provident Trust Strategy mutual fund suggests that many investors are impartial at this time. Provident Trust's investing sentiment can be driven by a variety of factors including economic data, Provident Trust's earnings reports, geopolitical events, and overall market trends.
Provident |
Bernstein Maintains Apple Market Perform Recommendation Nasdaq
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Provident Trust Fundamental Analysis
We analyze Provident Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provident Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provident Trust based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Provident Trust is currently under evaluation in net asset among similar funds. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Provident Trust Strategy Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Provident Trust mutual fund to make a market-neutral strategy. Peer analysis of Provident Trust could also be used in its relative valuation, which is a method of valuing Provident Trust by comparing valuation metrics with similar companies.
Peers
Provident Trust Related Equities
BAWAX | Brown Advisory | 1.05 | ||||
POLRX | Polen Growth | 0.96 | ||||
EGFFX | Edgewood Growth | 0.95 | ||||
PARMX | Parnassus Mid | 0.87 | ||||
MAPPX | Advantage Portfolio | 0.39 |
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.
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