More Provident Funds Ltds market cap surged 85m last week, public companies who have a lot riding on the company were rewarded - Simply Wall St

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.
  
More Provident Funds Ltds market cap surged 85m last week, public companies who have a lot riding on the company were rewarded Simply Wall St

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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.

Probability Of Bankruptcy

Probability Of Bankruptcy Comparative Analysis

More Provident is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

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.

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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