Provident Agro (Indonesia) Buy Hold or Sell Recommendation
| PALM Stock | IDR 400.00 2.00 0.50% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Provident Agro Tbk is 'Strong Sell'. The recommendation algorithm takes into account all of Provident Agro's available fundamental, technical, and predictive indicators you will find on this site.
Check out Provident Agro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Provident and provide practical buy, sell, or hold advice based on investors' constraints. Provident Agro Tbk. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Provident |
Execute Provident Agro Buy or Sell Advice
The Provident recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Provident Agro Tbk. Macroaxis does not own or have any residual interests in Provident Agro Tbk or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Provident Agro's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Provident Agro Trading Alerts and Improvement Suggestions
| The company has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Provident Agro until it has trouble settling it off, either with new capital or with free cash flow. So, Provident Agro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Provident Agro Tbk sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Provident to invest in growth at high rates of return. When we think about Provident Agro's use of debt, we should always consider it together with cash and equity. | |
| About 65.0% of the company outstanding shares are owned by corporate insiders |
Provident Agro Returns Distribution Density
The distribution of Provident Agro's historical returns is an attempt to chart the uncertainty of Provident Agro's future price movements. The chart of the probability distribution of Provident Agro daily returns describes the distribution of returns around its average expected value. We use Provident Agro Tbk price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Provident Agro returns is essential to provide solid investment advice for Provident Agro.
| Mean Return | 0.1 | Value At Risk | -2.76 | Potential Upside | 3.14 | Standard Deviation | 1.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Provident Agro historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Provident Agro Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Provident Agro or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Provident Agro's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Provident stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.68 | |
Ir | Information ratio | -0.02 |
Provident Agro Volatility Alert
Provident Agro Tbk has relatively low volatility with skewness of 0.64 and kurtosis of 1.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Provident Agro's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Provident Agro's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Provident Agro Fundamentals Vs Peers
Comparing Provident Agro's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Provident Agro's direct or indirect competition across all of the common fundamentals between Provident Agro and the related equities. This way, we can detect undervalued stocks with similar characteristics as Provident Agro or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Provident Agro's fundamental indicators could also be used in its relative valuation, which is a method of valuing Provident Agro by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Provident Agro to competition |
| Fundamentals | Provident Agro | Peer Average |
| Return On Equity | 0.38 | -0.31 |
| Return On Asset | -0.0143 | -0.14 |
| Operating Margin | 3.01 % | (5.51) % |
| Current Valuation | 4.07 T | 16.62 B |
| Shares Outstanding | 7.08 B | 571.82 M |
| Shares Owned By Insiders | 65.30 % | 10.09 % |
| Price To Book | 0.82 X | 9.51 X |
| Price To Sales | 93.29 X | 11.42 X |
| Revenue | 316.69 B | 9.43 B |
| Gross Profit | 160.04 B | 27.38 B |
| EBITDA | 2.08 T | 3.9 B |
| Net Income | 2.01 T | 570.98 M |
| Cash And Equivalents | 38.99 B | 2.7 B |
| Cash Per Share | 5.51 X | 5.01 X |
| Debt To Equity | 11.50 % | 48.70 % |
| Current Ratio | 0.62 X | 2.16 X |
| Book Value Per Share | 783.55 X | 1.93 K |
| Cash Flow From Operations | 144.53 B | 971.22 M |
| Earnings Per Share | 258.07 X | 3.12 X |
| Number Of Employees | 20 | 18.84 K |
| Beta | 0.12 | -0.15 |
| Market Capitalization | 4.95 T | 19.03 B |
| Total Asset | 5.87 T | 29.47 B |
| Annual Yield | 0.06 % | |
| Net Asset | 5.87 T | |
| Last Dividend Paid | 43.0 |
Provident Agro Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Provident . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Provident Agro Buy or Sell Advice
When is the right time to buy or sell Provident Agro Tbk? Buying financial instruments such as Provident Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Provident Agro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Provident Stock
Provident Agro financial ratios help investors to determine whether Provident 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 Provident with respect to the benefits of owning Provident Agro security.