Provident Bancorp Stock Alpha and Beta Analysis
| PVBC Stock | USD 11.48 0.10 0.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Provident Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Provident Bancorp over a specified time horizon. Remember, high Provident Bancorp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Provident Bancorp's market risk premium analysis include:
Beta 0.36 | Alpha 0.15 | Risk 1.75 | Sharpe Ratio 0.0665 | Expected Return 0.12 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Provident |
Provident Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Provident Bancorp market risk premium is the additional return an investor will receive from holding Provident Bancorp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Provident Bancorp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Provident Bancorp's performance over market.| α | 0.15 | β | 0.36 |
Provident Bancorp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Provident Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how Provident Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Provident Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how Provident Bancorp 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 Bancorp shares will generate the highest return on investment. By understating and applying Provident Bancorp stock market price indicators, traders can identify Provident Bancorp position entry and exit signals to maximize returns.
Provident Bancorp Return and Market Media
The median price of Provident Bancorp for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 10.72 with a coefficient of variation of 3.53. The daily time series for the period is distributed with a sample standard deviation of 0.38, arithmetic mean of 10.72, and mean deviation of 0.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | With 42 percent ownership, Provident Bancorp, Inc. has piqued the interest of institutional investors | 09/10/2024 |
2 | Acquisition by David Mansfield of 10294 shares of Provident Bancorp subject to Rule 16b-3 | 09/16/2024 |
3 | Provident Bancorp Inc Trading Down 3.57 percent on Sep 23 | 09/23/2024 |
4 | Provident Bancorp Inc earnings missed by 0.04, revenue topped estimates | 10/24/2024 |
5 | Acquisition by Pollack Dennis of 5000 shares of Provident Bancorp at 11.3 subject to Rule 16b-3 | 11/08/2024 |
6 | Acquisition by Pollack Dennis of 5000 shares of Provident Bancorp at 11.64 subject to Rule 16b-3 | 11/11/2024 |
7 | Director Dennis Pollack Acquires 10,000 Shares of Provident Bancorp Inc | 11/12/2024 |
8 | Insider Spends US115k Buying More Shares In Provident Bancorp | 11/14/2024 |
About Provident Bancorp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Provident or other stocks. Alpha measures the amount that position in Provident Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008206 | 0.0166 | 0.0149 | 0.0157 | Price To Sales Ratio | 4.68 | 1.48 | 2.61 | 2.52 |
Provident Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Provident Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Provident Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Provident Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Provident Bancorp. Please utilize our Beneish M Score to check the likelihood of Provident Bancorp's management manipulating its earnings.
| 6th of May 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Provident Bancorp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Provident Bancorp Backtesting, Provident Bancorp Valuation, Provident Bancorp Correlation, Provident Bancorp Hype Analysis, Provident Bancorp Volatility, Provident Bancorp History and analyze Provident Bancorp Performance. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Provident Bancorp 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.