Why Chewy Stock Sank by 6 percent on Thursday
| MMDEX Fund | USD 51.23 0.30 0.58% |
Slightly above 62% of Praxis Growth's investor base is looking to short. The analysis of overall sentiment of trading Praxis Growth Index mutual fund suggests that many investors are alarmed at this time. Praxis Growth's investing sentiment can be driven by a variety of factors including economic data, Praxis Growth's earnings reports, geopolitical events, and overall market trends.
Praxis |
Chewy stock took another hit on Thursday, a day after getting dinged by investors reacting to the companys third-quarter earnings report. While there was no direct news of note from the company, one analyst tracking its shares downgraded his recommendation. The result was that Chewys share price fell by 6 percent across the trading session, a notably steeper decline than the SP 500 indexs 0.2 percent drop.
Read at finance.yahoo.com
 |
Praxis Growth Fundamental Analysis
We analyze Praxis Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Praxis Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Praxis Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
Praxis Growth is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Praxis Growth Index Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Praxis Growth mutual fund to make a market-neutral strategy. Peer analysis of Praxis Growth could also be used in its relative valuation, which is a method of valuing Praxis Growth by comparing valuation metrics with similar companies.
Peers
Praxis Growth Related Equities
| UIPMX | Precious Metals | 2.56 | ||||
| GLRBX | James Balanced | 0.48 | ||||
| GCEBX | Goldman Sachs | 0.69 | ||||
| FRGOX | Franklin Gold | 2.61 | ||||
| USERX | Gold | 3.05 | ||||
| EPGFX | Europac Gold | 3.56 | ||||
| OGMCX | Oppenheimer Gold | 3.63 |
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.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |