More Provident (Israel) Price on November 29, 2024
| MPP Stock | 731.80 5.60 0.76% |
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 731.80, as last reported on the 16th of December 2024, with the highest price reaching 749.00 and the lowest price hitting 727.00 during the day. More Provident is very steady given 3 months investment horizon. More Provident Funds has Sharpe Ratio of 0.52, which conveys that the firm had a 0.52% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use More Provident Funds Risk Adjusted Performance of 0.2713, downside deviation of 1.39, and Mean Deviation of 1.52 to evaluate company specific risk that cannot be diversified away.
More Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
More |
Sharpe Ratio = 0.5157
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.52 actual daily | 40 60% of assets perform better |
Based on monthly moving average More Provident is performing at about 40% 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 November 29, 2024
It is possible to determine the worth of More Provident on a given historical date. On November 29, 2024 More was worth 680.0 at the beginning of the trading date compared to the closed value of 709.0. 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 | |
| 669.21 | 678.62 | 662.40 | 671.99 | 22,627 | |
11/28/2024 | 680.00 | 714.40 | 678.00 | 709.00 | 38,583 |
| 719.70 | 722.60 | 713.00 | 715.40 | 26,068 |
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More Provident Trading Date Momentum on November 29, 2024
| On December 02 2024 More Provident Funds was traded for 715.40 at the closing time. The maximum traded price for the trading interval was 722.60 and the lowest daily price was 713.00 . The daily volume was recorded at 26.1 K. The volume of trading on 2nd of December 2024 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 0.90% . The trading delta at closing time to the closing price today is 3.20% . |
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 | December 16, 2024
| 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 16, 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.
| Risk Adjusted Performance | 0.2713 | |||
| Jensen Alpha | 0.7362 | |||
| Total Risk Alpha | 0.4967 | |||
| Sortino Ratio | 0.482 | |||
| Treynor Ratio | 3.12 |
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| 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.
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