Provident Trust Strategy Fund Math Transform Cosh Values Of Price Series

PROVX Fund  USD 19.96  0.13  0.66%   
Provident Trust math transform tool provides the execution environment for running the Cosh Values Of Price Series transformation and other technical functions against Provident Trust. Provident Trust value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math transform indicators. As with most other technical indicators, the Cosh Values Of Price Series transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Provident Trust can be made when Provident Trust shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cosh Values Of Provident Trust Price Series is a hyperbolic price transformation function.

Provident Trust Technical Analysis Modules

Most technical analysis of Provident Trust help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Provident from various momentum indicators to cycle indicators. When you analyze Provident charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Provident Trust Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Provident Trust Strategy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Provident Trust Strategy based on widely used predictive technical indicators. In general, we focus on analyzing Provident Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Provident Trust's daily price indicators and compare them against related drivers, such as math transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Provident Trust's intrinsic value. In addition to deriving basic predictive indicators for Provident Trust, we also check how macroeconomic factors affect Provident Trust price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Provident Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.3620.3821.40
Details
Intrinsic
Valuation
LowRealHigh
17.0318.0521.81
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Provident Trust Strategy pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Provident Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Provident Trust will appreciate offsetting losses from the drop in the long position's value.

Provident Trust Pair Trading

Provident Trust Strategy Pair Trading Analysis

The ability to find closely correlated positions to Provident Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Provident Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Provident Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Provident Trust Strategy to buy it.
The correlation of Provident Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Provident Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Provident Trust Strategy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Provident Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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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