Praxis Genesis Balanced Fund Price on November 6, 2024
MBAPX Fund | USD 16.51 0.06 0.36% |
Below is the normalized historical share price chart for Praxis Genesis Balanced extending back to January 04, 2010. 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 Genesis stands at 16.51, as last reported on the 11th of December 2024, with the highest price reaching 16.51 and the lowest price hitting 16.51 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 Genesis Balanced maintains Sharpe Ratio (i.e., Efficiency) of 0.0936, which implies the entity had a 0.0936% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Praxis Genesis Balanced, which you can use to evaluate the volatility of the fund. Please check Praxis Genesis' Semi Deviation of 0.3056, coefficient of variation of 761.91, and Risk Adjusted Performance of 0.0873 to confirm if the risk estimate we provide is consistent with the expected return of 0.0388%.
Praxis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Praxis |
Sharpe Ratio = 0.0936
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Estimated Market Risk
0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Praxis Genesis is performing at about 7% 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 Genesis by adding it to a well-diversified portfolio.
Praxis Genesis Valuation on November 6, 2024
It is possible to determine the worth of Praxis Genesis on a given historical date. On November 6, 2024 Praxis was worth 16.34 at the beginning of the trading date compared to the closed value of 16.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Praxis Genesis mutual fund. Still, in general, we apply an absolute valuation method to find Praxis Genesis' 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 Genesis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Praxis Genesis' related companies.
Open | High | Low | Close | Volume | |
16.19 | 16.19 | 16.19 | 16.19 | 1.00 | |
11/06/2024 | 16.34 | 16.34 | 16.34 | 16.34 | 1.00 |
16.45 | 16.45 | 16.45 | 16.45 | 1.00 |
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Praxis Genesis Trading Date Momentum on November 6, 2024
On November 07 2024 Praxis Genesis Balanced was traded for 16.45 at the closing time. The highest daily price throughout the period was 16.45 and the lowest price was 16.45 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.67% . The trading delta at closing time to current closing price is 0.80% . |
Praxis Genesis Balanced Fundamentals Correlations and Trends
By evaluating Praxis Genesis' 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 Genesis' 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 Genesis Mutual Fund history
Praxis Genesis 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 Genesis Balanced 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 Genesis stock prices may prove useful in developing a viable investing in Praxis Genesis
The Portfolio, a fund of funds, seeks to achieve its investment objective by investing primarily in Class I shares of underlying Praxis Funds. The Portfolio typically invests approximately 30-50 percent of its total assets in bond funds and 50-70 percent of its total assets in equity funds.
Praxis Genesis Mutual Fund Technical Analysis
Praxis Genesis 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 Genesis Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Praxis Genesis Balanced 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 Genesis December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Praxis Genesis 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 Genesis shares will generate the highest return on investment. By undertsting and applying Praxis Genesis mutual fund market strength indicators, traders can identify Praxis Genesis Balanced entry and exit signals to maximize returns
Praxis Genesis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Praxis Genesis' 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 | 0.0873 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | 0.1005 |
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Volume Indicators |
Other Information on Investing in Praxis Mutual Fund
Praxis Genesis 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 Genesis security.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories |