Provident Bancorp Stock Forecast - Day Median Price
| PVBC Stock | USD 8.90 0.13 1.48% |
Provident Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Provident Bancorp stock prices and determine the direction of Provident Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Provident Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Provident Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Provident Bancorp's systematic risk associated with finding meaningful patterns of Provident Bancorp fundamentals over time.
Check out Historical Fundamental Analysis of Provident Bancorp to cross-verify your projections. Provident |
Most investors in Provident Bancorp cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Provident Bancorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Provident Bancorp's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 8.78 | 8.78 |
| Check Provident Bancorp Volatility | Backtest Provident Bancorp | Information Ratio |
Provident Bancorp Trading Date Momentum
| On May 02 2024 Provident Bancorp was traded for 8.90 at the closing time. The top price for the day was 8.99 and the lowest listed price was 8.57 . There was no trading activity during the period 0.0. Lack of trading volume on May 2, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.25% . |
The median price is the midpoint of the trading periods range.
| Compare Provident Bancorp to competition |
Other Forecasting Options for Provident Bancorp
For every potential investor in Provident, whether a beginner or expert, Provident Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Provident Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Provident. Basic forecasting techniques help filter out the noise by identifying Provident Bancorp's price trends.Provident Bancorp Related Equities
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 Provident Bancorp stock to make a market-neutral strategy. Peer analysis of Provident Bancorp could also be used in its relative valuation, which is a method of valuing Provident Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Provident Bancorp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Provident Bancorp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Provident Bancorp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Provident Bancorp Market Strength Events
Market strength 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 undertsting and applying Provident Bancorp stock market strength indicators, traders can identify Provident Bancorp entry and exit signals to maximize returns.
Provident Bancorp Risk Indicators
The analysis of Provident Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Provident Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting provident stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.8 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.52 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Provident Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Provident Bancorp's short interest history, or implied volatility extrapolated from Provident Bancorp options trading.
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Check out Historical Fundamental Analysis of Provident Bancorp to cross-verify your projections. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.Note that the Provident Bancorp information on this page should be used as a complementary analysis to other Provident Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Provident Stock analysis
When running Provident Bancorp's price analysis, check to measure Provident Bancorp'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 Provident Bancorp is operating at the current time. Most of Provident Bancorp's value examination focuses on studying past and present price action to predict the probability of Provident Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Bancorp's price. Additionally, you may evaluate how the addition of Provident Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Provident Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Provident Bancorp. If investors know Provident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Provident Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.349 | Earnings Share 0.83 | Revenue Per Share 4.172 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0082 |
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.