Praxis Value Index Fund Market Value

MVIIX Fund  USD 18.18  0.15  0.82%   
Praxis Value's market value is the price at which a share of Praxis Value trades on a public exchange. It measures the collective expectations of Praxis Value Index investors about its performance. Praxis Value is trading at 18.18 as of the 4th of March 2025; that is 0.82 percent decrease since the beginning of the trading day. The fund's open price was 18.33.
With this module, you can estimate the performance of a buy and hold strategy of Praxis Value Index and determine expected loss or profit from investing in Praxis Value over a given investment horizon. Check out Praxis Value Correlation, Praxis Value Volatility and Praxis Value Alpha and Beta module to complement your research on Praxis Value.
Symbol

Please note, there is a significant difference between Praxis Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Praxis Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Praxis Value's 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.

Praxis Value 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Praxis Value's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Praxis Value.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/04/2025
0.00
If you would invest  0.00  in Praxis Value on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Praxis Value Index or generate 0.0% return on investment in Praxis Value over 720 days. Praxis Value is related to or competes with Federated Hermes, Calvert Conservative, Global Diversified, Stone Ridge, Diversified Bond, Guidepath Conservative, and Blackrock Conservative. The fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S More

Praxis Value Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Praxis Value's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Praxis Value Index upside and downside potential and time the market with a certain degree of confidence.

Praxis Value Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Praxis Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Praxis Value's standard deviation. In reality, there are many statistical measures that can use Praxis Value historical prices to predict the future Praxis Value's volatility.
Hype
Prediction
LowEstimatedHigh
17.0118.1819.35
Details
Intrinsic
Valuation
LowRealHigh
17.0818.2519.42
Details
Naive
Forecast
LowNextHigh
17.4318.6019.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.0018.1918.38
Details

Praxis Value Index Backtested Returns

Praxis Value Index maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the entity had a -0.1 % return per unit of risk over the last 3 months. Praxis Value Index exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Praxis Value's Risk Adjusted Performance of (0.07), coefficient of variation of (966.39), and Variance of 1.29 to confirm the risk estimate we provide. The fund holds a Beta of 0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Praxis Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Praxis Value is expected to be smaller as well.

Auto-correlation

    
  0.14  

Insignificant predictability

Praxis Value Index has insignificant predictability. Overlapping area represents the amount of predictability between Praxis Value time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Praxis Value Index price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Praxis Value price fluctuation can be explain by its past prices.
Correlation Coefficient0.14
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.49

Praxis Value Index lagged returns against current returns

Autocorrelation, which is Praxis Value mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Praxis Value's mutual fund expected returns. We can calculate the autocorrelation of Praxis Value returns to help us make a trade decision. For example, suppose you find that Praxis Value has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Praxis Value regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Praxis Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Praxis Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Praxis Value mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Praxis Value Lagged Returns

When evaluating Praxis Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Praxis Value mutual fund have on its future price. Praxis Value autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Praxis Value autocorrelation shows the relationship between Praxis Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Praxis Value Index.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Praxis Mutual Fund

Praxis Value 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 Value security.
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