Praxis International Index Fund Price on November 24, 2023
| MPLAX Fund | USD 13.40 0.09 0.68% |
Below is the normalized historical share price chart for Praxis International Index extending back to January 06, 2011. 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 International stands at 13.40, as last reported on the 26th of November, with the highest price reaching 13.40 and the lowest price hitting 13.40 during the day.
If you're considering investing in Praxis Mutual Fund, it is important to understand the factors that can impact its price. Praxis International maintains Sharpe Ratio (i.e., Efficiency) of -0.0336, which implies the entity had a -0.0336% return per unit of risk over the last 3 months. Praxis International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Praxis International's Variance of 0.7192, risk adjusted performance of (0.02), and Coefficient Of Variation of (4,450) to confirm the risk estimate we provide.
Praxis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Praxis |
Sharpe Ratio = -0.0336
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| Negative Returns | MPLAX |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Praxis International is not performing at its full potential. However, 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 International by adding Praxis International to a well-diversified portfolio.
Praxis International Valuation on November 24, 2023
It is possible to determine the worth of Praxis International on a given historical date. On November 24, 2023 Praxis was worth 11.7 at the beginning of the trading date compared to the closed value of 11.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Praxis International mutual fund. Still, in general, we apply an absolute valuation method to find Praxis International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Praxis International's related companies.
| Open | High | Low | Close | Volume | |
| 11.63 | 11.63 | 11.63 | 11.63 | 1.00 | |
11/24/2023 | 11.70 | 11.70 | 11.70 | 11.70 | 1.00 |
| 11.68 | 11.68 | 11.68 | 11.68 | 1.00 |
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Praxis International Trading Date Momentum on November 24, 2023
| On November 27 2023 Praxis International Index was traded for 11.68 at the closing time. The highest daily price throughout the period was 11.68 and the lowest price was 11.68 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.17% . The trading delta at closing time to current closing price is 0.09% . |
Praxis International Fundamentals Correlations and Trends
By evaluating Praxis International'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 International'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 International Mutual Fund history
Praxis International 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 International 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 International stock prices may prove useful in developing a viable investing in Praxis International
The fund invests primarily in equity securities of foreign companies organized under the laws of, headquartered in, or whose common equity securities are principally traded in countries outside the United States. It seeks to generate performance that reflects the performance of a broad representation of both foreign developed and emerging equity markets, as measured by the Morningstar Global ex-US Target Market Exposure NR USD IndexSM, its benchmark index.
Praxis International Mutual Fund Technical Analysis
Praxis International 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 International Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Praxis International Index cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Praxis International November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Praxis International 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 International shares will generate the highest return on investment. By undertsting and applying Praxis International mutual fund market strength indicators, traders can identify Praxis International Index entry and exit signals to maximize returns
Praxis International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Praxis International'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 | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 2.64 |
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Other Information on Investing in Praxis Mutual Fund
Praxis International 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 International security.
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