More Provident (Israel) Price on August 22, 2024

MPP Stock   739.10  1.10  0.15%   
If you're considering investing in More Stock, it is important to understand the factors that can impact its price. As of today, the current price of More Provident stands at 739.10, as last reported on the 24th of December, with the highest price reaching 748.60 and the lowest price hitting 729.30 during the day. More Provident appears to be very steady, given 3 months investment horizon. More Provident Funds has Sharpe Ratio of 0.41, which conveys that the firm had a 0.41% return per unit of risk over the last 3 months. By analyzing More Provident's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please exercise More Provident's Mean Deviation of 1.51, risk adjusted performance of 0.2794, and Downside Deviation of 1.42 to check out if our risk estimates are consistent with your expectations.
  
More Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.4069

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMPP
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.03
  actual daily
18
82% of assets are more volatile

Expected Return

 0.83
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.41
  actual daily
32
68% of assets perform better
Based on monthly moving average More Provident is performing at about 32% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of More Provident by adding it to a well-diversified portfolio.

More Provident Valuation on August 22, 2024

It is possible to determine the worth of More Provident on a given historical date. On August 22, 2024 More was worth 455.9 at the beginning of the trading date compared to the closed value of 455.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of More Provident stock. Still, in general, we apply an absolute valuation method to find More Provident's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of More Provident where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against More Provident's related companies.
 Open High Low Close Volume
  464.44    464.63    464.44    464.63    246.00  
08/22/2024
  455.90    456.38    441.29    455.90    14,595  
  455.16    455.26    442.69    450.36    5,463  
Backtest More Provident  |  More Provident History  |  More Provident Valuation   PreviousNext  
Open Value
455.9
449.80
Downside
455.9
Closing Value
462.00
Upside

More Provident Trading Date Momentum on August 22, 2024

On August 26 2024 More Provident Funds was traded for  450.36  at the closing time. The maximum traded price for the trading interval was 455.26  and the lowest daily price was  442.69 . The daily volume was recorded at 5.5 K. The volume of trading on 26th of August 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.22% . The trading delta at closing time to the closing price today is 5.09% .

More Provident Funds Fundamentals Correlations and Trends

By evaluating More Provident's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among More Provident's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. More financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About More Provident Stock history

More Provident investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for More is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in More Provident Funds will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing More Provident stock prices may prove useful in developing a viable investing in More Provident

More Provident Stock Technical Analysis

More Provident 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.
A focus of More Provident technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of More Provident trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

More Provident Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

More Provident Funds cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

More Provident December 24, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for More Provident's price direction in advance. Along with the technical and fundamental analysis of More Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of More to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for More Stock analysis

When running More Provident's price analysis, check to measure More Provident'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 More Provident is operating at the current time. Most of More Provident's value examination focuses on studying past and present price action to predict the probability of More Provident's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move More Provident's price. Additionally, you may evaluate how the addition of More Provident to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Share Portfolio
Track or share privately all of your investments from the convenience of any device