Praxis Funds Etf Statistic Functions Beta

PRXG Etf  USD 36.99  0.05  0.14%   
Praxis Funds statistic functions tool provides the execution environment for running the Beta function and other technical functions against Praxis Funds. Praxis Funds value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Praxis Funds statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Praxis Funds correlated with the market. If Beta is less than 0 Praxis Funds generally moves in the opposite direction as compared to the market. If Praxis Funds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Praxis Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Praxis Funds is generally in the same direction as the market. If Beta > 1 Praxis Funds moves generally in the same direction as, but more than the movement of the benchmark.

Praxis Funds Technical Analysis Modules

Most technical analysis of Praxis Funds help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Praxis from various momentum indicators to cycle indicators. When you analyze Praxis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Praxis Funds Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Praxis Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of Praxis Funds based on widely used predictive technical indicators. In general, we focus on analyzing Praxis OTC BB Equity price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Praxis Funds's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Praxis Funds's intrinsic value. In addition to deriving basic predictive indicators for Praxis Funds, we also check how macroeconomic factors affect Praxis Funds price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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.
Hype
Prediction
LowEstimatedHigh
35.9436.9938.04
Details
Intrinsic
Valuation
LowRealHigh
35.7736.8237.87
Details
Naive
Forecast
LowNextHigh
35.1036.1637.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
35.1636.3937.61
Details

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praxis Funds. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in world development indicators.
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 Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, there is a significant difference between Praxis Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Praxis Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Praxis Funds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.