Provident Trust Strategy Fund Statistic Functions Beta

PROVX Fund  USD 19.83  0.03  0.15%   
Provident Trust statistic functions tool provides the execution environment for running the Beta function 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Provident Trust statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Provident Trust Strategy correlated with the market. If Beta is less than 0 Provident Trust generally moves in the opposite direction as compared to the market. If Provident Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Provident Trust Strategy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Provident Trust is generally in the same direction as the market. If Beta > 1 Provident Trust moves generally in the same direction as, but more than the movement of the benchmark.

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 statistic functions 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
18.8119.8320.85
Details
Intrinsic
Valuation
LowRealHigh
18.3419.3620.38
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Provident Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Provident Trust's short interest history, or implied volatility extrapolated from Provident Trust options trading.

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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.
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