Praxis Growth Index Fund Price on December 13, 2024
| MGNDX Fund | USD 50.54 0.10 0.20% |
Below is the normalized historical share price chart for Praxis Growth Index extending back to May 01, 2007. 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 Growth stands at 50.54, as last reported on the 14th of December 2024, with the highest price reaching 50.54 and the lowest price hitting 50.54 during the day.
If you're considering investing in Praxis Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Praxis Mutual Fund to be very steady. Praxis Growth Index maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Praxis Growth Index, which you can use to evaluate the volatility of the fund. Please check Praxis Growth's Risk Adjusted Performance of 0.1389, coefficient of variation of 529.1, and Semi Deviation of 0.6709 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Praxis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Praxis |
Sharpe Ratio = 0.1895
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MGNDX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Praxis Growth 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 Growth by adding it to a well-diversified portfolio.
Praxis Growth Valuation on December 13, 2024
It is possible to determine the worth of Praxis Growth on a given historical date. On December 13, 2024 Praxis was worth 50.54 at the beginning of the trading date compared to the closed value of 50.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Praxis Growth mutual fund. Still, in general, we apply an absolute valuation method to find Praxis Growth'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 Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Praxis Growth's related companies.
| Open | High | Low | Close | Volume | |
| 50.44 | 50.44 | 50.44 | 50.44 | 1.00 | |
12/13/2024 | 50.54 | 50.54 | 50.54 | 50.54 | 1.00 |
| 50.54 | 50.54 | 50.54 | 50.54 | 0.00 |
| Backtest Praxis Growth | | | Praxis Growth History | | | Praxis Growth Valuation | Previous | Next |
Praxis Growth Trading Date Momentum on December 13, 2024
| On December 14 2024 Praxis Growth Index was traded for 50.54 at the closing time. The highest daily price throughout the period was 50.54 and the lowest price was 50.54 . There was no trading activity during the period 0.0. Lack of trading volume on 12/14/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Praxis Growth Index Fundamentals Correlations and Trends
By evaluating Praxis Growth'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 Growth'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 Growth Mutual Fund history
Praxis Growth 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 Growth Index 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 Growth stock prices may prove useful in developing a viable investing in Praxis Growth
The fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S. large capitalization growth equities market, as measured by the SP 500 Growth Index. Under normal circumstances, it invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the funds benchmark index. The fund seeks to invest in companies aligned with the Stewardship Investing core values.
Praxis Growth Mutual Fund Technical Analysis
Praxis Growth 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.
Price Boundaries
Praxis Growth Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Praxis Growth Index cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. 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 Growth December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Praxis Growth mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Praxis Growth shares will generate the highest return on investment. By undertsting and applying Praxis Growth mutual fund market strength indicators, traders can identify Praxis Growth Index entry and exit signals to maximize returns
Praxis Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Praxis Growth's price direction in advance. Along with the technical and fundamental analysis of Praxis Mutual Fund 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.
| Risk Adjusted Performance | 0.1389 | |||
| Jensen Alpha | 0.0962 | |||
| Total Risk Alpha | 0.0476 | |||
| Sortino Ratio | 0.0711 | |||
| Treynor Ratio | 0.23 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |