Provident Agro (Indonesia) Buy Hold or Sell Recommendation
| PALM Stock | IDR 394.00 4.00 1.01% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Provident Agro Tbk is 'Strong Sell'. Macroaxis provides Provident Agro buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PALM positions. The advice algorithm takes into account all of Provident Agro's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Provident Agro's buy or sell advice are summarized below:
Real Value 343.98 | Hype Value 394 | Market Value 394 | Naive Value 375 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Provident Agro Tbk given historical horizon and risk tolerance towards Provident Agro. When Macroaxis issues a 'buy' or 'sell' recommendation for Provident Agro Tbk, the advice is generated through an automated system that utilizes algorithms and statistical models.
Provident |
Execute Provident Agro Buy or Sell Advice
The Provident recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Provident Agro Tbk. Macroaxis does not own or have any residual interests in Provident Agro Tbk or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Provident Agro's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Provident Agro Trading Alerts and Improvement Suggestions
| Provident Agro Tbk generated a negative expected return over the last 90 days | |
| Provident Agro Tbk has high historical volatility and very poor performance | |
| The company has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Provident Agro until it has trouble settling it off, either with new capital or with free cash flow. So, Provident Agro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Provident Agro Tbk sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Provident to invest in growth at high rates of return. When we think about Provident Agro's use of debt, we should always consider it together with cash and equity. | |
| About 65.0% of the company outstanding shares are owned by corporate insiders |
Provident Agro Returns Distribution Density
The distribution of Provident Agro's historical returns is an attempt to chart the uncertainty of Provident Agro's future price movements. The chart of the probability distribution of Provident Agro daily returns describes the distribution of returns around its average expected value. We use Provident Agro Tbk price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Provident Agro returns is essential to provide solid investment advice for Provident Agro.
| Mean Return | -0.33 | Value At Risk | -7.17 | Potential Upside | 6.22 | Standard Deviation | 4.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Provident Agro historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Provident Agro Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Provident Agro or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Provident Agro's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Provident stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.33 | |
β | Beta against NYSE Composite | -0.11 | |
σ | Overall volatility | 4.38 | |
Ir | Information ratio | -0.1 |
Provident Agro Volatility Alert
Provident Agro Tbk exhibits very low volatility with skewness of 1.27 and kurtosis of 5.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Provident Agro's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Provident Agro's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Provident Agro Fundamentals Vs Peers
Comparing Provident Agro's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Provident Agro's direct or indirect competition across all of the common fundamentals between Provident Agro and the related equities. This way, we can detect undervalued stocks with similar characteristics as Provident Agro or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Provident Agro's fundamental indicators could also be used in its relative valuation, which is a method of valuing Provident Agro by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Provident Agro to competition |
| Fundamentals | Provident Agro | Peer Average |
| Return On Equity | 0.38 | -0.31 |
| Return On Asset | -0.0143 | -0.14 |
| Operating Margin | 3.01 % | (5.51) % |
| Current Valuation | 4.07 T | 16.62 B |
| Shares Outstanding | 7.08 B | 571.82 M |
| Shares Owned By Insiders | 65.30 % | 10.09 % |
| Price To Book | 0.82 X | 9.51 X |
| Price To Sales | 93.29 X | 11.42 X |
| Revenue | 316.69 B | 9.43 B |
| Gross Profit | 160.04 B | 27.38 B |
| EBITDA | 2.08 T | 3.9 B |
| Net Income | 2.01 T | 570.98 M |
| Cash And Equivalents | 38.99 B | 2.7 B |
| Cash Per Share | 5.51 X | 5.01 X |
| Debt To Equity | 11.50 % | 48.70 % |
| Current Ratio | 0.62 X | 2.16 X |
| Book Value Per Share | 783.55 X | 1.93 K |
| Cash Flow From Operations | 144.53 B | 971.22 M |
| Earnings Per Share | 258.07 X | 3.12 X |
| Number Of Employees | 20 | 18.84 K |
| Beta | 0.12 | -0.15 |
| Market Capitalization | 4.95 T | 19.03 B |
| Total Asset | 5.87 T | 29.47 B |
| Annual Yield | 0.06 % | |
| Net Asset | 5.87 T | |
| Last Dividend Paid | 43.0 |
Provident Agro Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Provident . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.039 | |||
| Daily Balance Of Power | (0.25) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 402.0 | |||
| Day Typical Price | 399.33 | |||
| Market Facilitation Index | 16.0 | |||
| Price Action Indicator | (10.00) | |||
| Period Momentum Indicator | (4.00) |
About Provident Agro Buy or Sell Advice
When is the right time to buy or sell Provident Agro Tbk? Buying financial instruments such as Provident Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Provident Agro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Provident Agro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Provident Stock analysis
When running Provident Agro's price analysis, check to measure Provident Agro'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 Agro is operating at the current time. Most of Provident Agro's value examination focuses on studying past and present price action to predict the probability of Provident Agro'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 Agro's price. Additionally, you may evaluate how the addition of Provident Agro to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |