Dividend paying Vedanta stock yields 20 percent in FY23. Beats PPF, EPF, bank FD, equity mutual fund returns Mint - Mint
MPP Stock | 731.80 5.60 0.76% |
About 54% of More Provident's investor base is interested to short. The analysis of current outlook of investing in More Provident Funds suggests that many traders are impartial regarding More Provident's prospects. The current market sentiment, together with More Provident's historical and current headlines, can help investors time the market. In addition, many technical investors use More Provident Funds stock news signals to limit their universe of possible portfolio assets.
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Dividend paying Vedanta stock yields 20 percent in FY23. Beats PPF, EPF, bank FD, equity mutual fund returns Mint Mint
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More Provident Fundamental Analysis
We analyze More Provident's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of More Provident using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of More Provident based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
More Provident is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
More Provident Funds Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with More Provident stock to make a market-neutral strategy. Peer analysis of More Provident could also be used in its relative valuation, which is a method of valuing More Provident by comparing valuation metrics with similar companies.
Peers
More Provident Related Equities
BLND | Blender Financial | 6.50 | ||||
PMNT | Payment Financial | 1.97 | ||||
HRON | Hiron Trade | 1.36 | ||||
CBI | Clal Biotechnology | 0.57 | ||||
FIBI | First International | 0.28 | ||||
MGDL | Migdal Insurance | 0.44 | ||||
SNCM | Suny Cellular | 1.55 | ||||
SHVA | Automatic Bank | 3.74 |
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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