Praxis Value Index Fund Technical Analysis
| MVIIX Fund | USD 17.48 0.02 0.11% |
As of the 19th of April, Praxis Value holds the Semi Deviation of 0.6716, coefficient of variation of 1787.25, and Risk Adjusted Performance of 0.0345. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Praxis Value, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Praxis Value Index, which can be compared to its competitors. Please check Praxis Value Index market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Praxis Value Index is priced some-what accurately, providing market reflects its current price of 17.48 per share.
Praxis Value Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Praxis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PraxisPraxis |
Praxis Value 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.
Praxis Value Index Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Praxis Value Index volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Praxis Value Index Trend Analysis
Use this graph to draw trend lines for Praxis Value Index. You can use it to identify possible trend reversals for Praxis Value as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Praxis Value price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Praxis Value Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Praxis Value Index applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Praxis Value Index will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.46, which is the sum of squared deviations for the predicted Praxis Value price change compared to its average price change.About Praxis Value Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Praxis Value Index on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Praxis Value Index based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Praxis Value Index price pattern first instead of the macroeconomic environment surrounding Praxis Value Index. By analyzing Praxis Value's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Praxis Value's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Praxis Value specific price patterns or momentum indicators. Please read more on our technical analysis page.
Praxis Value April 19, 2024 Technical Indicators
Most technical analysis of Praxis 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0345 | |||
| Market Risk Adjusted Performance | 0.0361 | |||
| Mean Deviation | 0.4758 | |||
| Semi Deviation | 0.6716 | |||
| Downside Deviation | 0.7109 | |||
| Coefficient Of Variation | 1787.25 | |||
| Standard Deviation | 0.6125 | |||
| Variance | 0.3752 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0261 | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 0.8793 | |||
| Downside Variance | 0.5053 | |||
| Semi Variance | 0.4511 | |||
| Expected Short fall | (0.45) | |||
| Skewness | (0.49) | |||
| Kurtosis | 0.3758 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Praxis Value Index. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.