Praxis Genesis Competition

MGAFX Fund

USD 20.23 0.14 0.70%

Praxis Genesis Growth competes with Praxis Growth, Praxis Small, Praxis Small, Praxis International, and Praxis Genesis; as well as few others. The fund is listed under Allocation--70% to 85% Equity category and is part of Praxis Mutual Funds family. Analyzing Praxis Genesis competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Praxis Genesis to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Praxis Genesis Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Praxis Genesis competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
19.64	20.23	20.82

Details

Intrinsic

Valuation

Low	Real	High
19.50	20.09	20.68

Details

Naive

Forecast

Low	Next	High
19.35	19.94	20.53

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
19.71	20.01	20.31

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Praxis Genesis. Your research has to be compared to or analyzed against Praxis Genesis' peers to derive any actionable benefits. When done correctly, Praxis Genesis' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Praxis Genesis Growth.

Praxis Genesis Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Praxis Genesis and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Praxis and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Praxis Genesis Growth does not affect the price movement of the other competitor.

	MMDEX	MMSCX	MMSIX	MPLIX	MBAPX	MVIIX	MVIAX	MGAFX	MGNDX	MIIIX
MMDEX		0.81	0.81	-0.01	0.68	0.88	0.88	0.87	1.0	-0.73	MMDEX
MMSCX	0.81		1.0	-0.17	0.67	0.89	0.89	0.82	0.81	-0.58	MMSCX
MMSIX	0.81	1.0		-0.18	0.67	0.89	0.89	0.83	0.81	-0.59	MMSIX
MPLIX	-0.01	-0.17	-0.18		0.52	-0.1	-0.09	0.34	-0.01	0.41	MPLIX
MBAPX	0.68	0.67	0.67	0.52		0.71	0.72	0.94	0.68	-0.06	MBAPX
MVIIX	0.88	0.89	0.89	-0.1	0.71		1.0	0.87	0.88	-0.61	MVIIX
MVIAX	0.88	0.89	0.89	-0.09	0.72	1.0		0.87	0.88	-0.61	MVIAX
MGAFX	0.87	0.82	0.83	0.34	0.94	0.87	0.87		0.87	-0.39	MGAFX
MGNDX	1.0	0.81	0.81	-0.01	0.68	0.88	0.88	0.87		-0.73	MGNDX
MIIIX	-0.73	-0.58	-0.59	0.41	-0.06	-0.61	-0.61	-0.39	-0.73		MIIIX
	MMDEX	MMSCX	MMSIX	MPLIX	MBAPX	MVIIX	MVIAX	MGAFX	MGNDX	MIIIX

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High positive correlations

MGNDX	+ 1.0	MMDEX
MMSIX	+ 1.0	MMSCX
MVIAX	+ 1.0	MVIIX
MGAFX	+ 0.94	MBAPX
MVIIX	+ 0.89	MMSCX
MVIAX	+ 0.89	MMSCX

High negative correlations

MIIIX	- 0.73	MGNDX
MIIIX	- 0.73	MMDEX
MIIIX	- 0.61	MVIAX
MIIIX	- 0.61	MVIIX
MIIIX	- 0.59	MMSIX
MIIIX	- 0.58	MMSCX

Risk-Adjusted Indicators

There is a big difference between Praxis Mutual Fund performing well and Praxis Genesis Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Praxis Genesis' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MMDEX	0.73	(0.01)	(0.02)	0.11	1.01	(0.70)	1.66	(2.08)	5.19
MMSCX	0.93	(0.04)	0.02	0.10	0.88	(1.08)	2.13	(1.62)	7.49
MMSIX	0.93	(0.04)	0.02	0.10	0.88	(1.11)	2.07	(1.62)	7.39
MPLIX	0.64	(0.08)	0.00	(0.06)	0.00	0.00	1.46	(1.46)	3.91
MBAPX	0.36	(0.03)	(0.20)	0.05	0.42	(0.38)	0.87	(0.79)	2.18
MVIIX	0.49	0.00	(0.06)	0.12	0.33	(0.62)	1.01	(0.83)	3.23
MVIAX	0.49	0.00	(0.06)	0.12	0.35	(0.61)	1.00	(0.87)	3.26
MGAFX	0.45	(0.04)	(0.12)	0.07	0.51	(0.49)	1.12	(0.84)	2.91
MGNDX	0.73	(0.01)	(0.02)	0.11	1.05	(0.70)	1.66	(2.09)	5.18
MIIIX	0.21	(0.03)	0.00	0.49	0.00	0.00	0.42	(0.63)	1.39

Unable to evaluate fundamental data of [MMDEX, MMSCX, MMSIX, MPLIX, MBAPX, MVIIX, MVIAX, MGAFX, MGNDX, MIIIX] at this time. Please try again later

All Fundamental Data

Praxis Genesis Competitive Analysis

The better you understand Praxis Genesis competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Praxis Genesis' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Praxis Genesis' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	MGAFX	MMDEX	MMSCX	MMSIX	MPLIX	MBAPX	MVIIX	MVIAX	MGNDX	MIIIX
	0.70 20.23 Praxis	0.08 49.04 Praxis	1.81 11.80 Praxis	1.84 13.25 Praxis	0.60 13.52 Praxis	0.73 16.47 Praxis	0.55 20.25 Praxis	0.59 20.36 Praxis	0.10 48.29 Praxis	0.86 9.40 Praxis
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	OK	OK	OK	Very Weak	Insignificant	OK	OK	OK	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Hold	Strong Hold	Strong Hold	Hold	Strong Hold	Strong Hold	Strong Hold	Hold	Sell
Net Asset	97.04 M	528.19 M	155.31 M	155.31 M	384.43 M	87.03 M	433.54 M	433.54 M	528.19 M	768.4 M
Minimum Initial Investment	1 K	100 K	N/A	100 K	100 K	1 K	100 K	N/A	N/A	100 K
Price To Book	2.21	4.85	2.81	2.81	1.39	2.22	1.91	1.91	4.73	1.14
Five Year Return	8.51	17.55	9.57	9.39	5.97	6.62	11.95	11.05	16.95	-0.0442
One Year Return	20.36	35.81	31.26	27.09	15.08	17.34	23.74	22.42	35.55	7.61
Last Dividend Paid	N/A	N/A	N/A	N/A	0.19	0.01	N/A	N/A	N/A	0.02
Price To Earning	18.43	21.36	25.49	25.49	14.98	18.4	16.76	16.76	21.16	10.99
Price To Sales	1.58	2.77	1.81	1.81	1.06	1.59	1.48	1.48	2.67	1.32
Cash Position Weight	1.53	0.02	0.76	0.45	1.02	2.62	0.8	0.89	0.7	3.2
Equity Positions Weight	79.24	99.18	98.31	98.67	97.74	59.78	98.38	98.26	98.54	N/A
Three Year Return	3.05	7.31	1.65	0.99	1.44	2.25	10.37	9.29	6.48	-1.93
Annual Yield	0.0145	0.0069	0.0087	0.0122	0.0297	0.0181	0.0108	0.0082	0.005	0.0338
Year To Date Return	12.77	31.09	16.02	12.65	8.56	10.99	16.69	14.42	29.56	1.8
Bond Positions Weight	19.04	0.8	N/A	0.88	0.9	37.32	0.82	N/A	N/A	96.24
Ten Year Return	7.66	15.36	6.38	7.04	N/A	6.77	10.15	9.54	14.85	3.9
Day Typical Price	20.23	49.04	11.8	13.25	13.52	16.47	20.25	20.36	48.29	9.4
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T
Period Momentum Indicator	0.14	(0.04)	0.21	0.24	0.08	0.12	0.11	0.12	(0.05)	0.08
Rate Of Daily Change	1.01	1.0	1.02	1.02	1.01	1.01	1.01	1.01	1.0	1.01
Day Median Price	20.23	49.04	11.8	13.25	13.52	16.47	20.25	20.36	48.29	9.4
Price Action Indicator	0.07	(0.02)	0.11	0.12	0.04	0.06	0.055	0.06	(0.03)	0.04
Relative Strength Index	65.65	66.84	69.45	69.5	51.7	63.85	63.88	63.5	66.77	45.74
Coefficient Of Variation	1107.99	1008.87	863.58	854.89	(5,040)	1363.8	617.66	637.61	1020.76	(1,207)
Mean Deviation	0.4544	0.7266	0.93	0.9302	0.642	0.3633	0.4897	0.4944	0.7278	0.2109
Jensen Alpha	(0.04)	(0.01)	(0.04)	(0.04)	(0.08)	(0.03)	(0.000051)	(0)	(0.01)	(0.03)
Total Risk Alpha	(0.05)	(0.07)	(0.06)	(0.06)	(0.16)	(0.05)	(0.01)	(0.01)	(0.07)	(0.08)
Sortino Ratio	(0.12)	(0.02)	0.0207	0.0217	N/A	(0.20)	(0.06)	(0.06)	(0.02)	N/A
Downside Variance	0.3937	1.49	1.09	1.13	N/A	0.2337	0.2425	0.2506	1.5	N/A
Standard Deviation	0.5977	1.04	1.32	1.32	0.8406	0.4615	0.6216	0.6285	1.04	0.287
Kurtosis	0.6788	1.51	4.89	4.65	0.3119	0.1132	2.17	2.23	1.5	0.8625
Potential Upside	1.12	1.66	2.13	2.07	1.46	0.8723	1.01	1.0	1.66	0.4242
Treynor Ratio	0.0668	0.1072	0.0955	0.0966	(0.06)	0.0493	0.1207	0.1169	0.106	0.4854
Maximum Drawdown	2.91	5.19	7.49	7.39	3.91	2.18	3.23	3.26	5.18	1.39
Variance	0.3573	1.09	1.73	1.73	0.7066	0.213	0.3863	0.395	1.09	0.0824
Market Risk Adjusted Performance	0.0768	0.1172	0.1055	0.1066	(0.05)	0.0593	0.1307	0.1269	0.116	0.4954
Risk Adjusted Performance	0.0664	0.0787	0.093	0.0939	(0.01)	0.0496	0.1218	0.1181	0.0778	(0.08)
Skewness	(0.05)	(0.60)	1.36	1.31	0.1498	(0.05)	0.8396	0.8548	(0.60)	(0.26)
Semi Deviation	0.5141	1.01	0.8833	0.8846	N/A	0.4188	0.3337	0.3475	1.05	N/A
Information Ratio	(0.13)	(0.03)	0.0164	0.0175	(0.18)	(0.21)	(0.05)	(0.05)	(0.03)	(0.54)
Value At Risk	(0.84)	(2.08)	(1.62)	(1.62)	(1.46)	(0.79)	(0.83)	(0.87)	(2.09)	(0.63)
Expected Short fall	(0.49)	(0.70)	(1.08)	(1.11)	N/A	(0.38)	(0.62)	(0.61)	(0.70)	N/A
Downside Deviation	0.6274	1.22	1.05	1.07	N/A	0.4835	0.4924	0.5006	1.22	N/A
Semi Variance	0.2643	1.01	0.7802	0.7825	N/A	0.1754	0.1113	0.1207	1.1	N/A

Praxis Genesis Competition Performance Charts

Five steps to successful analysis of Praxis Genesis Competition

Praxis Genesis' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Praxis Genesis Growth in relation to its competition. Praxis Genesis' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Praxis Genesis in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Praxis Genesis' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Praxis Genesis Growth, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Praxis Genesis position

In addition to having Praxis Genesis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Developed Markets Basket ETFs Theme or any other thematic opportunities.

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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.

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Praxis Genesis Competition

Specify up to 10 symbols:

Praxis Genesis Competition Correlation Matrix

Risk-Adjusted Indicators

Praxis Genesis Competitive Analysis

Praxis Genesis Competition Performance Charts

Five steps to successful analysis of Praxis Genesis Competition

Complement your Praxis Genesis position

Did You Try This Idea?

Run Developed Markets Basket ETFs Thematic Idea Now

Developed Markets Basket ETFs

Other Information on Investing in Praxis Mutual Fund

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