Provident Trust Strategy Fund Manager Performance Evaluation

PROVX Fund  USD 19.11  0.07  0.37%   
The fund holds a Beta of 0.62, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Provident Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Provident Trust is expected to be smaller as well.

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days Provident Trust Strategy has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
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Expense Ratio Date31st of January 2025
Expense Ratio0.9600
  

Provident Trust Relative Risk vs. Return Landscape

If you would invest  2,080  in Provident Trust Strategy on September 26, 2025 and sell it today you would lose (169.00) from holding Provident Trust Strategy or give up 8.12% of portfolio value over 90 days. Provident Trust Strategy is currently producing negative expected returns and takes up 1.9135% volatility of returns over 90 trading days. Put another way, 17% of traded mutual funds are less volatile than Provident, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Provident Trust is expected to under-perform the market. In addition to that, the company is 2.69 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 per unit of volatility.

Provident Trust Current Valuation

Fairly Valued
Today
19.11
Please note that Provident Trust's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Provident Trust Strategy holds a recent Real Value of $19.46 per share. The prevailing price of the fund is $19.11. We determine the value of Provident Trust Strategy from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Provident Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Provident Mutual Fund. However, Provident Trust's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  19.11 Real  19.46 Hype  19.11 Naive  17.14
The intrinsic value of Provident Trust's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Provident Trust's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
19.46
Real Value
21.37
Upside
Estimating the potential upside or downside of Provident Trust Strategy helps investors to forecast how Provident mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Provident Trust more accurately as focusing exclusively on Provident Trust's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.5321.0922.65
Details
Hype
Prediction
LowEstimatedHigh
17.2019.1121.02
Details
Naive
Forecast
LowNext ValueHigh
15.2317.1419.06
Details

Provident Trust Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Provident Trust's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Provident Trust Strategy, and traders can use it to determine the average amount a Provident Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.06

Best PortfolioBest Equity
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CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsPROVX
Based on monthly moving average Provident Trust is not performing at its full potential. However, 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 Provident Trust by adding Provident Trust to a well-diversified portfolio.

Provident Trust Fundamentals Growth

Provident Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Provident Trust, and Provident Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Provident Mutual Fund performance.

About Provident Trust Performance

Evaluating Provident Trust's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Provident Trust has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Provident Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests mainly in a limited number of multi-capitalization growth stocks. It will compare itself to, and the advisor attempts to exceed, the SP 500 Index over full investment cycles. The fund is non-diversified.

Things to note about Provident Trust Strategy performance evaluation

Checking the ongoing alerts about Provident Trust for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Provident Trust Strategy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Provident Trust generated a negative expected return over the last 90 days
The fund maintains about 7.69% of its assets in bonds
Evaluating Provident Trust's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Provident Trust's mutual fund performance include:
  • Analyzing Provident Trust's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Provident Trust's stock is overvalued or undervalued compared to its peers.
  • Examining Provident Trust's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Provident Trust's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Provident Trust's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Provident Trust's mutual fund. These opinions can provide insight into Provident Trust's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Provident Trust's mutual fund performance is not an exact science, and many factors can impact Provident Trust's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Provident Mutual Fund

Provident Trust financial ratios help investors to determine whether Provident Mutual Fund 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 Trust security.
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