Praxis Precision Medicines Stock Buy Hold or Sell Recommendation
| PRAX Stock | USD 74.68 0.18 0.24% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Praxis Precision Medicines is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Praxis Precision Medicines given historical horizon and risk tolerance towards Praxis Precision. When Macroaxis issues a 'buy' or 'sell' recommendation for Praxis Precision Medicines, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Praxis Precision 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. In addition, we conduct extensive research on individual companies such as Praxis and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Praxis Precision Medicines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Praxis |
Execute Praxis Precision 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 Precision Medicines. Macroaxis does not own or have any residual interests in Praxis Precision Medicines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Praxis Precision's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Praxis Precision Trading Alerts and Improvement Suggestions
| Praxis Precision Med appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 2.45 M. Net Loss for the year was (123.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Praxis Precision Medicines currently holds about 165.4 M in cash with (111.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.7. | |
| Praxis Precision Med has a frail financial position based on the latest SEC disclosures | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Praxis Precision Medicines Shares Gap Down After Insider Selling - MarketBeat |
Praxis Precision Returns Distribution Density
The distribution of Praxis Precision's historical returns is an attempt to chart the uncertainty of Praxis Precision's future price movements. The chart of the probability distribution of Praxis Precision daily returns describes the distribution of returns around its average expected value. We use Praxis Precision Medicines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Praxis Precision returns is essential to provide solid investment advice for Praxis Precision.
| Mean Return | 0.69 | Value At Risk | -5.92 | Potential Upside | 8.44 | Standard Deviation | 3.87 |
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 Precision 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 Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Praxis Precision, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Praxis Precision Medicines back and forth among themselves.
| Shares | Vr Adviser, Llc | 2024-09-30 | 706.1 K | Soleus Capital Management, L.p. | 2024-06-30 | 533 K | Franklin Resources Inc | 2024-09-30 | 445.2 K | Vestal Point Capital Lp | 2024-06-30 | 440 K | Kingdon Capital Management Llc | 2024-06-30 | 415 K | Geode Capital Management, Llc | 2024-09-30 | 398.8 K | Hhg Plc | 2024-06-30 | 381.7 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 368.6 K | Velan Capital Investment Management Lp | 2024-06-30 | 350.7 K | Blackrock Inc | 2024-06-30 | 1.3 M | Perceptive Advisors Llc | 2024-09-30 | 1.2 M |
Praxis Precision Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 26.9M | 251.8M | (157.5M) | (77.7M) | 19.7M | 10.7M | |
| Free Cash Flow | (33.5M) | (52.6M) | (125.6M) | (185.5M) | (111.2M) | (116.7M) | |
| Depreciation | 37K | 50K | 182K | 419K | 432K | 453.6K | |
| Other Non Cash Items | 642K | 696K | 1.4M | 1.8M | (121K) | (115.0K) | |
| Capital Expenditures | 103K | 4K | 1.1M | 444K | 50K | 47.5K | |
| Net Income | (35.5M) | (61.8M) | (167.1M) | (214.0M) | (123.3M) | (129.4M) | |
| End Period Cash Flow | 45.4M | 297.2M | 139.7M | 62.0M | 81.7M | 118.2M | |
| Change To Netincome | 1.3M | 5.9M | 26.2M | 28.6M | 32.9M | 34.6M |
Praxis Precision 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 Precision or Biotechnology 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 Precision'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 Praxis 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 Dow Jones | 0.54 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 3.88 | |
Ir | Information ratio | 0.14 |
Praxis Precision Volatility Alert
Praxis Precision Medicines shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Praxis Precision'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 Praxis Precision'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.Praxis Precision Fundamentals Vs Peers
Comparing Praxis Precision'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 Precision's direct or indirect competition across all of the common fundamentals between Praxis Precision and the related equities. This way, we can detect undervalued stocks with similar characteristics as Praxis Precision or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Praxis Precision's fundamental indicators could also be used in its relative valuation, which is a method of valuing Praxis Precision by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Praxis Precision to competition |
| Fundamentals | Praxis Precision | Peer Average |
| Return On Equity | -0.64 | -0.31 |
| Return On Asset | -0.39 | -0.14 |
| Operating Margin | (188.20) % | (5.51) % |
| Current Valuation | 1.03 B | 16.62 B |
| Shares Outstanding | 18.64 M | 571.82 M |
| Shares Owned By Insiders | 0.24 % | 10.09 % |
| Shares Owned By Institutions | 99.76 % | 39.21 % |
| Number Of Shares Shorted | 1.72 M | 4.71 M |
| Price To Book | 3.63 X | 9.51 X |
| Price To Sales | 865.12 X | 11.42 X |
| Revenue | 2.45 M | 9.43 B |
| EBITDA | (125.94 M) | 3.9 B |
| Net Income | (123.28 M) | 570.98 M |
| Cash And Equivalents | 165.4 M | 2.7 B |
| Cash Per Share | 3.70 X | 5.01 X |
| Total Debt | 2.5 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 4.56 X | 2.16 X |
| Book Value Per Share | 21.52 X | 1.93 K |
| Cash Flow From Operations | (111.14 M) | 971.22 M |
| Short Ratio | 6.60 X | 4.00 X |
| Earnings Per Share | (9.17) X | 3.12 X |
| Price To Earnings To Growth | 0.03 X | 4.89 X |
| Target Price | 145.6 | |
| Number Of Employees | 82 | 18.84 K |
| Beta | 2.69 | -0.15 |
| Market Capitalization | 1.39 B | 19.03 B |
| Total Asset | 87.95 M | 29.47 B |
| Retained Earnings | (653.92 M) | 9.33 B |
| Working Capital | 69.13 M | 1.48 B |
| Net Asset | 87.95 M |
Note: Disposition of 3057 shares by Ravina Bernard of Praxis Precision at 12.85 subject to Rule 16b-3 [view details]
Praxis Precision 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.
About Praxis Precision Buy or Sell Advice
When is the right time to buy or sell Praxis Precision Medicines? Buying financial instruments such as Praxis 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.
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Additional Tools for Praxis Stock Analysis
When running Praxis Precision's price analysis, check to measure Praxis Precision'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 Praxis Precision is operating at the current time. Most of Praxis Precision's value examination focuses on studying past and present price action to predict the probability of Praxis Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praxis Precision's price. Additionally, you may evaluate how the addition of Praxis Precision to your portfolios can decrease your overall portfolio volatility.