Provident Financial Holdings Stock Technical Analysis
| PROV Stock | USD 16.41 0.10 0.61% |
As of the 20th of December, Provident Financial holds the Semi Deviation of 1.13, risk adjusted performance of 0.1164, and Coefficient Of Variation of 709.23. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Provident Financial, as well as the relationship between them. Please check Provident Financial variance and potential upside to decide if Provident Financial is priced some-what accurately, providing market reflects its current price of 16.41 per share. Given that Provident Financial has jensen alpha of 0.1765, we recommend you to check out Provident Financial's recent market performance to make sure the company can sustain itself at a future point.
Provident Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Provident, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProvidentProvident |
Provident Financial Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 14.17 | Hold | 2 | Odds |
Most Provident analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Provident stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Provident Financial, talking to its executives and customers, or listening to Provident conference calls.
Provident Financial technical stock 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, stock market cycles, or different charting patterns.
Provident Financial Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Provident Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Provident Financial Trend Analysis
Use this graph to draw trend lines for Provident Financial Holdings. You can use it to identify possible trend reversals for Provident Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Provident Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Provident Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Provident Financial Holdings applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Provident Financial Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 62.0, which is the sum of squared deviations for the predicted Provident Financial price change compared to its average price change.About Provident Financial Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Provident Financial Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Provident Financial Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Provident Financial price pattern first instead of the macroeconomic environment surrounding Provident Financial. By analyzing Provident Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Provident Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Provident Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0378 | 0.0439 | 0.0456 | 0.0478 | Price To Sales Ratio | 3.02 | 2.22 | 2.19 | 2.55 |
Provident Financial December 20, 2024 Technical Indicators
Most technical analysis of Provident 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1164 | |||
| Market Risk Adjusted Performance | 0.3486 | |||
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.13 | |||
| Downside Deviation | 1.36 | |||
| Coefficient Of Variation | 709.23 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.0 | |||
| Information Ratio | 0.1174 | |||
| Jensen Alpha | 0.1765 | |||
| Total Risk Alpha | 0.1479 | |||
| Sortino Ratio | 0.1218 | |||
| Treynor Ratio | 0.3386 | |||
| Maximum Drawdown | 8.77 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 2.63 | |||
| Downside Variance | 1.86 | |||
| Semi Variance | 1.28 | |||
| Expected Short fall | (1.17) | |||
| Skewness | (0.11) | |||
| Kurtosis | 2.14 |
Additional Tools for Provident Stock Analysis
When running Provident Financial's price analysis, check to measure Provident Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.