Praxis Impact Bond Fund Probability of Future Mutual Fund Price Finishing Under 9.41
| MIIIX Fund | USD 9.40 0.02 0.21% |
Praxis |
Praxis Impact Target Price Odds to finish below 9.41
The tendency of Praxis Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 9.41 after 90 days |
| 9.40 | 90 days | 9.41 | about 36.18 |
Based on a normal probability distribution, the odds of Praxis Impact to stay under $ 9.41 after 90 days from now is about 36.18 (This Praxis Impact Bond probability density function shows the probability of Praxis Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Praxis Impact Bond price to stay between its current price of $ 9.40 and $ 9.41 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Praxis Impact Bond has a beta of -0.0279. This indicates as returns on the benchmark increase, returns on holding Praxis Impact are expected to decrease at a much lower rate. During a bear market, however, Praxis Impact Bond is likely to outperform the market. Additionally Praxis Impact Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Praxis Impact Price Density |
| Price |
Predictive Modules for Praxis Impact
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Praxis Impact Bond. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Praxis Impact Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Praxis Impact is not an exception. The market had few large corrections towards the Praxis Impact's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Praxis Impact Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Praxis Impact within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.51 |
Praxis Impact Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Praxis Impact for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Praxis Impact Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Praxis Impact Bond generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Praxis Impact Bond maintains about 96.24% of its assets in bonds |
Praxis Impact Technical Analysis
Praxis Impact's future price can be derived by breaking down and analyzing its technical indicators over time. Praxis Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Praxis Impact Bond. In general, you should focus on analyzing Praxis Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Praxis Impact Predictive Forecast Models
Praxis Impact's time-series forecasting models is one of many Praxis Impact's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Praxis Impact's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Praxis Impact Bond
Checking the ongoing alerts about Praxis Impact for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Praxis Impact Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Praxis Impact Bond generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Praxis Impact Bond maintains about 96.24% of its assets in bonds |
Other Information on Investing in Praxis Mutual Fund
Praxis Impact 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 Impact security.
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