Praxis Funds Etf Market Value
| PRXG Etf | USD 36.35 0.01 0.03% |
| Symbol | Praxis |
Praxis Funds 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Praxis Funds' otc bb equity what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Praxis Funds.
| 06/25/2024 |
| 01/16/2026 |
If you would invest 0.00 in Praxis Funds on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Praxis Funds or generate 0.0% return on investment in Praxis Funds over 570 days. Praxis Funds is related to or competes with FT Vest, Northern Lights, Diamond Hill, Dimensional International, Tidal Trust, First Trust, and EA Series. Pernix Group, Inc. provides construction and power services in the United States and internationally More
Praxis Funds Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Praxis Funds' otc bb equity current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Praxis Funds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.48 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.32 |
Praxis Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Praxis Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Praxis Funds' standard deviation. In reality, there are many statistical measures that can use Praxis Funds historical prices to predict the future Praxis Funds' volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0194 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Praxis Funds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Praxis Funds Backtested Returns
At this point, Praxis Funds is very steady. Praxis Funds maintains Sharpe Ratio (i.e., Efficiency) of 0.0142, which implies the entity had a 0.0142 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Praxis Funds, which you can use to evaluate the volatility of the etf. Please check Praxis Funds' Coefficient Of Variation of 3632.36, risk adjusted performance of 0.0217, and Semi Deviation of 1.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0135%. The etf holds a Beta of 0.81, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Praxis Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Praxis Funds is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Praxis Funds has no correlation between past and present. Overlapping area represents the amount of predictability between Praxis Funds time series from 25th of June 2024 to 6th of April 2025 and 6th of April 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Praxis Funds price movement. The serial correlation of 0.0 indicates that just 0.0% of current Praxis Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Praxis Funds lagged returns against current returns
Autocorrelation, which is Praxis Funds otc bb equity's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Praxis Funds' otc bb equity expected returns. We can calculate the autocorrelation of Praxis Funds returns to help us make a trade decision. For example, suppose you find that Praxis Funds has exhibited high autocorrelation historically, and you observe that the otc bb equity is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Praxis Funds regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Praxis Funds otc bb equity is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Praxis Funds otc bb equity is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Praxis Funds otc bb equity over time.
Current vs Lagged Prices |
| Timeline |
Praxis Funds Lagged Returns
When evaluating Praxis Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Praxis Funds otc bb equity have on its future price. Praxis Funds autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Praxis Funds autocorrelation shows the relationship between Praxis Funds otc bb equity current value and its past values and can show if there is a momentum factor associated with investing in Praxis Funds.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Praxis Funds is a strong investment it is important to analyze Praxis Funds' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Praxis Funds' future performance. For an informed investment choice regarding Praxis OTC BB Equity, refer to the following important reports:Check out Praxis Funds Correlation, Praxis Funds Volatility and Praxis Funds Alpha and Beta module to complement your research on Praxis Funds. For more detail on how to invest in Praxis OTC BB Equity please use our How to Invest in Praxis Funds guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Praxis Funds technical otc bb equity 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, otc market cycles, or different charting patterns.