JP Morgan Reiterates Apple Overweight Recommendation - Nasdaq
PROVX Fund | USD 19.52 0.19 0.96% |
Slightly above 62% of Provident Trust's investor base is looking to short. The analysis of overall sentiment of trading Provident Trust Strategy mutual fund suggests that many investors are alarmed 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 |
JP Morgan Reiterates Apple Overweight Recommendation Nasdaq
Read at news.google.com
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.
Bond Positions Weight
Bond Positions Weight Comparative Analysis
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
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
EGFFX | Edgewood Growth | 0.50 | ||||
POLRX | Polen Growth | 0.38 | ||||
MAPPX | Advantage Portfolio | 0.13 | ||||
BAWAX | Brown Advisory | 1.83 | ||||
PARMX | Parnassus Mid | 2.04 |
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.
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Bonds Directory Find actively traded corporate debentures issued by US companies |