Praxis Value Index Fund Buy Hold or Sell Recommendation
| MVIAX Fund | USD 17.89 0.14 0.79% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Praxis Value Index is 'Strong Hold'. Macroaxis provides Praxis Value buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MVIAX positions. The advice algorithm takes into account all of Praxis Value's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Praxis Value's buy or sell advice are summarized below:
Real Value 17.92 | Hype Value 17.89 | Market Value 17.89 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Praxis Value Index given historical horizon and risk tolerance towards Praxis Value. When Macroaxis issues a 'buy' or 'sell' recommendation for Praxis Value Index, the advice is generated through an automated system that utilizes algorithms and statistical models.
Praxis |
Execute Praxis Value Buy or Sell Advice
The Praxis recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Praxis Value Index. Macroaxis does not own or have any residual interests in Praxis Value Index or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Praxis Value's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details |
Praxis Value Trading Alerts and Improvement Suggestions
Praxis Value Returns Distribution Density
The distribution of Praxis Value's historical returns is an attempt to chart the uncertainty of Praxis Value's future price movements. The chart of the probability distribution of Praxis Value daily returns describes the distribution of returns around its average expected value. We use Praxis Value Index price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Praxis Value returns is essential to provide solid investment advice for Praxis Value.
| Mean Return | 0.05 | Value At Risk | -1.13 | Potential Upside | 0.87 | Standard Deviation | 0.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Praxis Value 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.
Praxis Value 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 Praxis Value or Praxis Mutual Funds 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 Praxis Value's price will be affected by overall mutual fund 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 Praxis fund'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 | -0.03 | |
β | Beta against NYSE Composite | 0.93 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.05 |
Praxis Value Volatility Alert
Praxis Value Index exhibits relatively low volatility with skewness of -0.57 and kurtosis of 0.46. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Praxis Value's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Praxis Value's mutual fund 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.Praxis Value Fundamentals Vs Peers
Comparing Praxis Value'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 Praxis Value's direct or indirect competition across all of the common fundamentals between Praxis Value and the related equities. This way, we can detect undervalued stocks with similar characteristics as Praxis Value or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Praxis Value's fundamental indicators could also be used in its relative valuation, which is a method of valuing Praxis Value by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Praxis Value to competition |
| Fundamentals | Praxis Value | Peer Average |
| Price To Earning | 16.76 X | 6.53 X |
| Price To Book | 1.91 X | 0.74 X |
| Price To Sales | 1.48 X | 0.61 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 1.21 % | 0.39 % |
| One Year Return | 15.55 % | 4.15 % |
| Three Year Return | 7.10 % | 3.60 % |
| Five Year Return | 10.44 % | 3.24 % |
| Ten Year Return | 9.54 % | 1.79 % |
| Net Asset | 433.54 M | 4.11 B |
| Cash Position Weight | 0.89 % | 10.61 % |
| Equity Positions Weight | 98.26 % | 63.90 % |
Praxis Value Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Praxis . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 17.89 | |||
| Day Typical Price | 17.89 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.14 |
About Praxis Value Buy or Sell Advice
When is the right time to buy or sell Praxis Value Index? Buying financial instruments such as Praxis Mutual Fund 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 Praxis Value 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 Restaurants Thematic Idea Now
Restaurants
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 44 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 Restaurants Theme or any other thematic opportunities.
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Check out Praxis Value 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. Note that the Praxis Value Index information on this page should be used as a complementary analysis to other Praxis Value'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.