Provident Agro (Indonesia) Analysis
| PALM Stock | IDR 396.00 2.00 0.51% |
Provident Agro Tbk is overvalued with Real Value of 335.58 and Hype Value of 396.0. The main objective of Provident Agro stock analysis is to determine its intrinsic value, which is an estimate of what Provident Agro Tbk is worth, separate from its market price. There are two main types of Provident Agro's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Provident Agro's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Provident Agro's stock to identify patterns and trends that may indicate its future price movements.
The Provident Agro stock is traded in Indonesia on Jakarta Exchange, with the market opening at 09:00:00 and closing at 15:50:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Indonesia.
Provident |
Provident Stock Analysis Notes
About 65.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.82. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Provident Agro Tbk recorded earning per share (EPS) of 258.07. The entity last dividend was issued on the 21st of January 2022. PT Provident Agro Tbk, together with its subsidiaries, engages in the operation of palm oil plantations in Indonesia. The company was founded in 2006 and is headquartered in Jakarta, Indonesia. Provident Agro operates under Farm Products classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 742 people. To find out more about Provident Agro Tbk contact the company at 62 21 2157 2008 or learn more at https://www.provident-agro.com.Provident Agro Tbk Investment Alerts
| 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 Market Capitalization
The company currently falls under 'Mega-Cap' category with a current market capitalization of 4.95 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Provident Agro's market, we take the total number of its shares issued and multiply it by Provident Agro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 22nd of November, Provident Agro holds the Coefficient Of Variation of 1799.74, semi deviation of 1.35, and Risk Adjusted Performance of 0.0478. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Provident Agro, as well as the relationship between them.Provident Agro Tbk Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Provident Agro middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Provident Agro Tbk. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Provident Agro Outstanding Bonds
Provident Agro issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Provident Agro Tbk uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Provident bonds can be classified according to their maturity, which is the date when Provident Agro Tbk has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Provident Agro Predictive Daily Indicators
Provident Agro intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Provident Agro stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Provident Agro Forecast Models
Provident Agro's time-series forecasting models are one of many Provident Agro's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Provident Agro's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Provident Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Provident Agro prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Provident shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Provident Agro. By using and applying Provident Stock analysis, traders can create a robust methodology for identifying Provident entry and exit points for their positions.
PT Provident Agro Tbk, together with its subsidiaries, engages in the operation of palm oil plantations in Indonesia. The company was founded in 2006 and is headquartered in Jakarta, Indonesia. Provident Agro operates under Farm Products classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 742 people.
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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.