Praxis Growth Index Fund Statistic Functions Beta

MMDEX Fund  USD 54.52  0.16  0.29%   
Praxis Growth statistic functions tool provides the execution environment for running the Beta function and other technical functions against Praxis Growth. Praxis Growth 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 Growth 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Praxis Growth Index correlated with the market. If Beta is less than 0 Praxis Growth generally moves in the opposite direction as compared to the market. If Praxis Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Praxis Growth Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Praxis Growth is generally in the same direction as the market. If Beta > 1 Praxis Growth moves generally in the same direction as, but more than the movement of the benchmark.

Praxis Growth Technical Analysis Modules

Most technical analysis of Praxis Growth 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 Growth 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 Growth Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of Praxis Growth Index based on widely used predictive technical indicators. In general, we focus on analyzing Praxis Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Praxis Growth'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 Growth's intrinsic value. In addition to deriving basic predictive indicators for Praxis Growth, we also check how macroeconomic factors affect Praxis Growth 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 Growth's 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
53.7754.5855.39
Details
Intrinsic
Valuation
LowRealHigh
49.0758.4559.26
Details
Naive
Forecast
LowNextHigh
54.4155.2256.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
52.1053.4854.87
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Praxis Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Praxis Growth's short interest history, or implied volatility extrapolated from Praxis Growth options trading.

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Other Information on Investing in Praxis Mutual Fund

Praxis Growth 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 Growth security.
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