Praxis Value Index Fund Price on March 26, 2024
| MVIAX Fund | USD 18.52 0.03 0.16% |
Below is the normalized historical share price chart for Praxis Value Index extending back to July 25, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Praxis Value stands at 18.52, as last reported on the 17th of May 2024, with the highest price reaching 18.52 and the lowest price hitting 18.52 during the day.
If you're considering investing in Praxis Mutual Fund, it is important to understand the factors that can impact its price. We consider Praxis Value very steady. Praxis Value Index maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Praxis Value Index, which you can use to evaluate the volatility of the fund. Please check Praxis Value's Risk Adjusted Performance of 0.075, semi deviation of 0.5666, and Coefficient Of Variation of 792.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.0819%.
Praxis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Praxis |
Sharpe Ratio = 0.1463
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Praxis Value is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Praxis Value by adding it to a well-diversified portfolio.
Praxis Value Valuation on March 26, 2024
It is possible to determine the worth of Praxis Value on a given historical date. On March 26, 2024 Praxis was worth 18.31 at the beginning of the trading date compared to the closed value of 18.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Praxis Value mutual fund. Still, in general, we apply an absolute valuation method to find Praxis Value's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Praxis Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Praxis Value's related companies.
| Open | High | Low | Close | Volume | |
| 18.32 | 18.32 | 18.32 | 18.32 | 1.00 | |
03/26/2024 | 18.31 | 18.31 | 18.31 | 18.31 | 1.00 |
| 18.59 | 18.59 | 18.59 | 18.59 | 1.00 |
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Praxis Value Trading Date Momentum on March 26, 2024
| On March 27 2024 Praxis Value Index was traded for 18.59 at the closing time. The highest daily price throughout the period was 18.59 and the lowest price was 18.59 . There was no trading activity during the period 1.0. Lack of trading volume on 03/27/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.53% . The trading delta at closing time to current closing price is 0.05% . |
Praxis Value Index Fundamentals Correlations and Trends
By evaluating Praxis Value's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Praxis Value's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Praxis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Praxis Value Mutual Fund history
Praxis Value investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Praxis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Praxis Value Index will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Praxis Value stock prices may prove useful in developing a viable investing in Praxis Value
The fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S. large capitalization value equities market, as measured by the SP 500 Value Index. Under normal circumstances, it invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the funds benchmark index. The fund seeks to invest in companies aligned with the Stewardship Investing core values.
Praxis Value Mutual Fund Technical Analysis
Praxis Value technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Praxis Value Period Price Range
Low | March 26, 2024
| High |
18.31 | 18.31 |
Praxis Value May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Praxis Value mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Praxis Value shares will generate the highest return on investment. By undertsting and applying Praxis Value mutual fund market strength indicators, traders can identify Praxis Value Index entry and exit signals to maximize returns
Praxis Value Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Praxis Value's price direction in advance. Along with the technical and fundamental analysis of Praxis Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Praxis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.075 | |||
| Jensen Alpha | 0.0485 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.3941 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Praxis Value Index. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.