Provident Financial Stock Forecast - Daily Balance Of Power
| PQ3 Stock | EUR 19.60 0.30 1.55% |
Provident Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Provident Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Provident |
| Check Provident Financial Volatility | Backtest Provident Financial | Trend Details |
Provident Financial Trading Date Momentum
| On December 04 2024 Provident Financial Services was traded for 19.80 at the closing time. The highest daily price throughout the period was 19.80 and the lowest price was 19.50 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.50% . The trading delta at closing time to current closing price is 2.01% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Provident Financial
For every potential investor in Provident, whether a beginner or expert, Provident Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Provident Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Provident. Basic forecasting techniques help filter out the noise by identifying Provident Financial's price trends.Provident Financial 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 Provident Financial stock to make a market-neutral strategy. Peer analysis of Provident Financial could also be used in its relative valuation, which is a method of valuing Provident Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Provident Financial Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Provident Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Provident Financial's current price.| Cycle Indicators | ||
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| Volume Indicators |
Provident Financial Market Strength Events
Market strength indicators help investors to evaluate how Provident Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Provident Financial shares will generate the highest return on investment. By undertsting and applying Provident Financial stock market strength indicators, traders can identify Provident Financial Services entry and exit signals to maximize returns.
Provident Financial Risk Indicators
The analysis of Provident Financial'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 Provident Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting provident 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 | 1.57 | |||
| Semi Deviation | 1.29 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.99 | |||
| Downside Variance | 2.77 | |||
| Semi Variance | 1.66 | |||
| Expected Short fall | (2.22) |
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.
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Additional Information and Resources on Investing in Provident Stock
When determining whether Provident Financial is a strong investment it is important to analyze Provident Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Provident Financial's future performance. For an informed investment choice regarding Provident Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Provident Financial to cross-verify your projections. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.