Provident Agro (Indonesia) Today
| PALM Stock | IDR 450.00 10.00 2.17% |
Performance0 of 100
| Odds Of DistressLess than 38
|
Provident Agro is selling for 450.00 as of the 25th of April 2024. This is a -2.17 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 446.0. Provident Agro has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Provident Agro Tbk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
PT Provident Agro Tbk, together with its subsidiaries, engages in the operation of palm oil plantations in Indonesia. The company was founded in 2006 and is headquartered in Jakarta, Indonesia. Provident Agro operates under Farm Products classification in Indonesia and is traded on Jakarta Stock Exchange. The company has 7.08 B outstanding shares. More on Provident Agro Tbk
Moving together with Provident Stock
| 0.69 | SRTG | Saratoga Investama Sedaya Earnings Call This Week | PairCorr |
Moving against Provident Stock
| 0.75 | BMRI | Bank Mandiri Persero | PairCorr |
| 0.59 | ISAT | Indosat Tbk Earnings Call This Week | PairCorr |
| 0.57 | BBCA | Bank Central Asia Earnings Call Today | PairCorr |
| 0.47 | BBRI | Bank Rakyat Indonesia Earnings Call Tomorrow | PairCorr |
| 0.46 | BBNI | Bank Negara Indonesia | PairCorr |
Follow Valuation Odds of Bankruptcy
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Provident Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Provident Agro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Provident Agro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Commissioner | Maruli Gultom |
| Business Concentration | Consumer Staples, Food Products, Farm Products, Consumer Defensive (View all Sectors) |
Provident Agro Tbk (PALM) is traded on Jakarta Exchange in Indonesia and employs 20 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 4.95 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Provident Agro's market, we take the total number of its shares issued and multiply it by Provident Agro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Provident Agro Tbk operates under Food Products sector and is part of Consumer Staples industry. The entity has 7.08 B outstanding shares.
Provident Agro Tbk has accumulated about 38.99 B in cash with 144.53 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.51.
Check Provident Agro Probability Of Bankruptcy
Ownership AllocationProvident Agro owns a total of 7.08 Billion outstanding shares. Provident Agro holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 65.3 pct. of Provident Agro Tbk outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Provident Ownership Details
Provident Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Provident Agro jumping above the current price in 90 days from now is about 57.37%. The Provident Agro Tbk probability density function shows the probability of Provident Agro stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Provident Agro Tbk has a beta of -0.7824 indicating as returns on the benchmark increase, returns on holding Provident Agro are expected to decrease at a much lower rate. During a bear market, however, Provident Agro Tbk is likely to outperform the market. Additionally, provident Agro Tbk has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Provident Agro to move above the current price in 90 days from now is about 57.37 (This Provident Agro Tbk probability density function shows the probability of Provident Stock to fall within a particular range of prices over 90 days) .
Provident Agro Tbk Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Provident Agro market risk premium is the additional return an investor will receive from holding Provident Agro long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Provident Agro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Provident Agro's alpha and beta are two of the key measurements used to evaluate Provident Agro's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.63 | |||
| Standard Deviation | 3.98 | |||
| Variance | 15.84 | |||
| Risk Adjusted Performance | (0.05) |
Provident Stock Against Markets
Picking the right benchmark for Provident Agro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Provident Agro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Provident Agro is critical whether you are bullish or bearish towards Provident Agro Tbk at a given time. Please also check how Provident Agro's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Provident Agro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Provident Agro Corporate Management
Elected by the shareholders, the Provident Agro's board of directors comprises two types of representatives: Provident Agro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Provident. The board's role is to monitor Provident Agro's management team and ensure that shareholders' interests are well served. Provident Agro's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Provident Agro's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Teuku Basyar | Independent Commissioner | Profile | |
| Rohimun Nizal | Head Management | Profile | |
| Lim Lie | Co Sec | Profile | |
| Michael Soeryadjaya | Commissioner | Profile |
How to buy Provident Stock?
Before investing in Provident Agro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Provident Agro. To buy Provident Agro stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Provident Agro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Provident Agro stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Provident Agro Tbk stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Provident Agro Tbk stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Provident Agro Tbk, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Provident Agro Tbk?
The danger of trading Provident Agro Tbk is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Provident Agro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Provident Agro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Provident Agro Tbk is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Agro Tbk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.
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