More Provident (Israel) Performance
| MPP Stock | 731.80 5.60 0.76% |
More Provident holds a performance score of 39 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, More Provident's returns are expected to increase less than the market. However, during the bear market, the loss of holding More Provident is expected to be smaller as well. Use More Provident Funds maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to analyze future returns on More Provident Funds.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in More Provident Funds are ranked lower than 39 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, More Provident sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Price Earnings Ratio | 73.8572 |
More |
More Provident Relative Risk vs. Return Landscape
If you would invest 43,904 in More Provident Funds on September 16, 2024 and sell it today you would earn a total of 29,276 from holding More Provident Funds or generate 66.68% return on investment over 90 days. More Provident Funds is generating 1.1164% of daily returns assuming 2.2171% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than More Provident, and 78% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
More Provident Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for More Provident's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as More Provident Funds, and traders can use it to determine the average amount a More Provident'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 = 0.5035
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 1.12 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.5 actual daily | 39 61% of assets perform better |
Based on monthly moving average More Provident is performing at about 39% 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 Fundamentals Growth
More Stock prices reflect investors' perceptions of the future prospects and financial health of More Provident, and More Provident 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 More Stock performance.
| Current Valuation | 684.87 M | |||
| Shares Outstanding | 128.09 M | |||
| Price To Book | 3.74 X | |||
| Price To Sales | 2.78 X | |||
| Book Value Per Share | 3.47 X | |||
| Earnings Per Share | 0.07 X | |||
About More Provident Performance
By analyzing More Provident's fundamental ratios, stakeholders can gain valuable insights into More Provident's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if More Provident 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 More Provident has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about More Provident Funds performance evaluation
Checking the ongoing alerts about More Provident for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for More Provident Funds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| More is showing solid risk-adjusted performance over 90 days | |
| About 66.0% of the company shares are owned by institutional investors |
- Analyzing More Provident'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 More Provident's stock is overvalued or undervalued compared to its peers.
- Examining More Provident'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 More Provident's management team can have a significant impact on its success or failure. Reviewing the track record and experience of More Provident's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of More Provident's stock. These opinions can provide insight into More Provident's potential for growth and whether the stock is currently undervalued or overvalued.
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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