More Provident Stock Forward View - Simple Moving Average
| MPP Stock | 1,572 15.00 0.96% |
More Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast More Provident stock prices and determine the direction of More Provident Funds's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of More Provident's historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of More Provident's stock price is about 61. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling More, making its price go up or down. Momentum 61
Buy Extended
Oversold | Overbought |
Using More Provident hype-based prediction, you can estimate the value of More Provident Funds from the perspective of More Provident response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of More Provident Funds on the next trading day is expected to be 1,572 with a mean absolute deviation of 27.49 and the sum of the absolute errors of 1,622. More Provident after-hype prediction price | ILA 1572.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
More |
More Provident Additional Predictive Modules
Most predictive techniques to examine More price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for More using various technical indicators. When you analyze More 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
More Provident Simple Moving Average Price Forecast For the 24th of February
Given 90 days horizon, the Simple Moving Average forecasted value of More Provident Funds on the next trading day is expected to be 1,572 with a mean absolute deviation of 27.49, mean absolute percentage error of 1,170, and the sum of the absolute errors of 1,622.Please note that although there have been many attempts to predict More Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that More Provident's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
More Provident Stock Forecast Pattern
| Backtest More Provident | More Provident Price Prediction | Research Analysis |
More Provident Forecasted Value
In the context of forecasting More Provident's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. More Provident's downside and upside margins for the forecasting period are 1,570 and 1,574, respectively. We have considered More Provident's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of More Provident stock data series using in forecasting. Note that when a statistical model is used to represent More Provident stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 121.4996 |
| Bias | Arithmetic mean of the errors | -1.8431 |
| MAD | Mean absolute deviation | 27.4933 |
| MAPE | Mean absolute percentage error | 0.0181 |
| SAE | Sum of the absolute errors | 1622.105 |
Predictive Modules for More Provident
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as More Provident Funds. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.More Provident After-Hype Price Density Analysis
As far as predicting the price of More Provident at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in More Provident or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of More Provident, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
More Provident Estimiated After-Hype Price Volatility
In the context of predicting More Provident's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on More Provident's historical news coverage. More Provident's after-hype downside and upside margins for the prediction period are 1,570 and 1,574, respectively. We have considered More Provident's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
More Provident is very steady at this time. Analysis and calculation of next after-hype price of More Provident Funds is based on 3 months time horizon.
More Provident Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as More Provident is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading More Provident backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with More Provident, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.11 | 2.06 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1,572 | 1,572 | 0.00 |
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More Provident Hype Timeline
More Provident Funds is now traded for 1,572on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. More is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at 0.11%. %. The volatility of related hype on More Provident is about 0.0%, with the expected price after the next announcement by competition of 1,572. About 66.0% of the company shares are owned by institutional investors. The book value of More Provident was now reported as 3.47. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be uncertain. Check out Historical Fundamental Analysis of More Provident to cross-verify your projections.More Provident Related Hype Analysis
Having access to credible news sources related to More Provident's direct competition is more important than ever and may enhance your ability to predict More Provident's future price movements. Getting to know how More Provident's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how More Provident may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ARAD | Arad Investment Industrial | 0.00 | 0 per month | 0.00 | (0.25) | 3.67 | (5.61) | 19.24 | |
| BLND | Blender Financial Technologies | 0.00 | 0 per month | 1.86 | 0.13 | 5.98 | (3.76) | 19.84 | |
| ORON | Oron Group Investments | 0.00 | 0 per month | 1.14 | 0.21 | 5.09 | (2.65) | 20.56 | |
| TNPV | Technoplus Ventures | 0.00 | 0 per month | 0.00 | (0.17) | 4.27 | (6.02) | 18.47 | |
| HRON | Hiron Trade Investments Industrial | 0.00 | 0 per month | 1.08 | 0.06 | 2.21 | (2.25) | 8.93 | |
| NRGN | Nrgene Technologies | 0.00 | 0 per month | 0.00 | (0.06) | 6.00 | (6.48) | 23.84 | |
| WSMK | WhiteSmoke Software | 0.00 | 0 per month | 0.00 | (0.05) | 6.58 | (7.65) | 16.57 | |
| EMTC-M | Elbit Medical Technologies | 0.00 | 0 per month | 2.34 | 0.05 | 6.44 | (4.38) | 25.95 |
Other Forecasting Options for More Provident
For every potential investor in More, whether a beginner or expert, More Provident's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. More Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in More. Basic forecasting techniques help filter out the noise by identifying More Provident's price trends.More Provident Related Equities
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 More Provident stock to make a market-neutral strategy. Peer analysis of More Provident could also be used in its relative valuation, which is a method of valuing More Provident by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
More Provident Market Strength Events
Market strength indicators help investors to evaluate how More Provident stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading More Provident shares will generate the highest return on investment. By undertsting and applying More Provident stock market strength indicators, traders can identify More Provident Funds entry and exit signals to maximize returns.
More Provident Risk Indicators
The analysis of More Provident's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in More Provident's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting more stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.76 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.11 | |||
| Downside Variance | 4.85 | |||
| Semi Variance | 4.03 | |||
| Expected Short fall | (1.93) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for More Provident
The number of cover stories for More Provident depends on current market conditions and More Provident's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that More Provident is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about More Provident's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in More Stock
More Provident financial ratios help investors to determine whether More Stock 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 More with respect to the benefits of owning More Provident security.