More Provident (Israel) Price on October 1, 2024
| MPP Stock | 794.60 7.50 0.95% |
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 794.60, as last reported on the 28th of January, with the highest price reaching 795.00 and the lowest price hitting 772.00 during the day. More Provident appears to be very steady, given 3 months investment horizon. More Provident Funds has Sharpe Ratio of 0.34, which conveys that the firm had a 0.34 % 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 0.67% is justified by implied risk. Please exercise More Provident's Risk Adjusted Performance of 0.3421, downside deviation of 1.51, and Mean Deviation of 1.39 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.
More |
Sharpe Ratio = 0.3356
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MPP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average More Provident is performing at about 26% 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 October 1, 2024
It is possible to determine the worth of More Provident on a given historical date. On October 1, 2024 More was worth 529.26 at the beginning of the trading date compared to the closed value of 519.47. 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 | |
| 542.13 | 542.13 | 523.70 | 529.26 | 145,952 | |
10/01/2024 | 529.26 | 529.26 | 516.69 | 519.47 | 16,019 |
| 516.21 | 522.64 | 513.43 | 518.03 | 33,231 |
| Backtest More Provident | | | More Provident History | | | More Provident Valuation | Previous | Next |
More Provident Trading Date Momentum on October 1, 2024
| On October 07 2024 More Provident Funds was traded for 518.03 at the closing time. The maximum traded price for the trading interval was 522.64 and the lowest daily price was 513.43 . The daily volume was recorded at 33.2 K. The volume of trading on 7th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.28% . The trading delta at closing time to the closing price today is 1.24% . |
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.
Price Boundaries
More Provident Period Price Range
Low | January 28, 2025
| 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 January 28, 2025 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.
| Risk Adjusted Performance | 0.3421 | |||
| Jensen Alpha | 0.7473 | |||
| Total Risk Alpha | 0.6416 | |||
| Sortino Ratio | 0.4732 | |||
| Treynor Ratio | 1.88 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |