Praxis Home (India) Price on June 8, 2023

PRAXIS Stock   21.88  0.54  2.41%   
Below is the normalized historical share price chart for Praxis Home Retail extending back to January 31, 2018. 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 Home stands at 21.88, as last reported on the 30th of November, with the highest price reaching 22.96 and the lowest price hitting 21.49 during the day.
200 Day MA
19.2549
50 Day MA
24.9166
Beta
0.505
 
Covid
If you're considering investing in Praxis Stock, it is important to understand the factors that can impact its price. Praxis Home appears to be not too volatile, given 3 months investment horizon. Praxis Home Retail maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Praxis Home's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please evaluate Praxis Home's Coefficient Of Variation of 480.84, risk adjusted performance of 0.1664, and Semi Deviation of 2.77 to confirm if our risk estimates are consistent with your expectations.
  
The current year's Common Stock is expected to grow to about 657.4 M, whereas Total Stockholder Equity is projected to grow to (410.2 M). . Praxis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1832

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsPRAXIS
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.01
  actual daily
26
74% of assets are more volatile

Expected Return

 0.55
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Praxis Home is performing at about 14% 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 Home by adding it to a well-diversified portfolio.
Price Book
31.0897
Book Value
(3.45)
Enterprise Value
B
Enterprise Value Ebitda
(106.75)
Price Sales
1.4741

Related Headline

Parag Milk Headline on 8th of June 2023

Stock market update FMCG stocks up as market rises Economic Times

Praxis Home Valuation on June 8, 2023

It is possible to determine the worth of Praxis Home on a given historical date. On June 8, 2023 Praxis was worth 11.4 at the beginning of the trading date compared to the closed value of 11.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Praxis Home stock. Still, in general, we apply an absolute valuation method to find Praxis Home'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 Home where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Praxis Home's related companies.
 Open High Low Close Volume
  11.60    12.25    11.60    11.90    556,852  
06/08/2023
  11.40    12.00    11.35    11.55    206,303  
  11.60    11.70    11.05    11.10    200,990  
Backtest Praxis Home  |  Praxis Home History  |  Praxis Home Valuation   PreviousNext  
Open Value
11.4
11.55
Closing Value
20.43
Upside

Praxis Home Trading Date Momentum on June 8, 2023

On June 09 2023 Praxis Home Retail was traded for  11.10  at the closing time. The highest price during the trading period was 11.70  and the lowest recorded bid was listed for  11.05 . The volume for the day was 201 K. This history from June 9, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.90% . The trading delta at closing time to the current price is 20.35% .

Praxis Home Retail Fundamentals Correlations and Trends

By evaluating Praxis Home'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 Home'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 Home Stock history

Praxis Home 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 Home Retail 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 Home stock prices may prove useful in developing a viable investing in Praxis Home
Last ReportedProjected for Next Year
Common Stock Shares Outstanding113.6 M63.2 M
Net Loss-189.1 M-198.6 M

Praxis Home Stock Technical Analysis

Praxis Home technical stock 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, stock market cycles, or different charting patterns.
A focus of Praxis Home technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Praxis Home trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Praxis Home Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Praxis Home Retail cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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 Home November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Praxis Home stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Praxis Home shares will generate the highest return on investment. By undertsting and applying Praxis Home stock market strength indicators, traders can identify Praxis Home Retail entry and exit signals to maximize returns

Praxis Home Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Praxis Home's price direction in advance. Along with the technical and fundamental analysis of Praxis Stock 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.

Complementary Tools for Praxis Stock analysis

When running Praxis Home's price analysis, check to measure Praxis Home'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 Home is operating at the current time. Most of Praxis Home's value examination focuses on studying past and present price action to predict the probability of Praxis Home'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 Home's price. Additionally, you may evaluate how the addition of Praxis Home to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation