Praxis Value Index Fund Probability of Future Mutual Fund Price Finishing Over 21.16
| MVIAX Fund | USD 20.44 0.04 0.20% |
Praxis |
Praxis Value Target Price Odds to finish over 21.16
The tendency of Praxis Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 21.16 or more in 90 days |
| 20.44 | 90 days | 21.16 | near 1 |
Based on a normal probability distribution, the odds of Praxis Value to move over $ 21.16 or more in 90 days from now is near 1 (This Praxis Value Index probability density function shows the probability of Praxis Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Praxis Value Index price to stay between its current price of $ 20.44 and $ 21.16 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Praxis Value has a beta of 0.75. This indicates as returns on the market go up, Praxis Value average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Praxis Value Index will be expected to be much smaller as well. Additionally Praxis Value Index has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Praxis Value Price Density |
| Price |
Predictive Modules for Praxis Value
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Praxis Value Index. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Praxis Value Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Praxis Value is not an exception. The market had few large corrections towards the Praxis Value's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Praxis Value Index, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Praxis Value within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0032 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.05 |
Praxis Value Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Praxis Value for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Praxis Value Index can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Is T. Rowe Price Blue Chip Growth Fund a Strong Mutual Fund Pick Right Now - MSN | |
| The fund maintains 98.26% of its assets in stocks |
Praxis Value Technical Analysis
Praxis Value's future price can be derived by breaking down and analyzing its technical indicators over time. Praxis Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Praxis Value Index. In general, you should focus on analyzing Praxis Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Praxis Value Predictive Forecast Models
Praxis Value's time-series forecasting models is one of many Praxis Value's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Praxis Value's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Praxis Value Index
Checking the ongoing alerts about Praxis Value for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Praxis Value Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Is T. Rowe Price Blue Chip Growth Fund a Strong Mutual Fund Pick Right Now - MSN | |
| The fund maintains 98.26% of its assets in stocks |
Other Information on Investing in Praxis Mutual Fund
Praxis Value financial ratios help investors to determine whether Praxis Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Praxis with respect to the benefits of owning Praxis Value security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |