Praxis Small Cap Fund Manager Performance Evaluation
| MMSIX Fund | USD 13.13 0.12 0.91% |
The fund holds a Beta of 1.45, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Praxis Small will likely underperform.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Praxis Small Cap are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Praxis Small may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.4400 |
Praxis |
Praxis Small Relative Risk vs. Return Landscape
If you would invest 1,183 in Praxis Small Cap on August 31, 2024 and sell it today you would earn a total of 130.00 from holding Praxis Small Cap or generate 10.99% return on investment over 90 days. Praxis Small Cap is currently producing 0.1733% returns and takes up 1.2554% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Praxis, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Praxis Small Current Valuation
Fairly Valued
Today
Please note that Praxis Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Praxis Small Cap holds a recent Real Value of $12.94 per share. The prevailing price of the fund is $13.13. We determine the value of Praxis Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Praxis Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Praxis Mutual Fund. However, Praxis Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.13 | Real 12.94 | Hype 13.13 |
The intrinsic value of Praxis Small's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Praxis Small's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Praxis Small Cap helps investors to forecast how Praxis mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Praxis Small more accurately as focusing exclusively on Praxis Small's fundamentals will not take into account other important factors: Praxis Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Praxis Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Praxis Small Cap, and traders can use it to determine the average amount a Praxis Small's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.138
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MMSIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Praxis Small is performing at about 10% 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 Small by adding it to a well-diversified portfolio.
Praxis Small Fundamentals Growth
Praxis Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Praxis Small, and Praxis Small fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Praxis Mutual Fund performance.
| Price To Earning | 25.49 X | ||||
| Price To Book | 2.81 X | ||||
| Price To Sales | 1.81 X | ||||
| Total Asset | 149.68 M | ||||
About Praxis Small Performance
Evaluating Praxis Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Praxis Small has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Praxis Small has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S. small capitalization equities market, as measured by the SP SmallCap 600 Index. It invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the funds benchmark index.Things to note about Praxis Small Cap performance evaluation
Checking the ongoing alerts about Praxis Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Praxis Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Praxis Small's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Praxis Small's mutual fund performance include:- Analyzing Praxis Small's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Praxis Small's stock is overvalued or undervalued compared to its peers.
- Examining Praxis Small's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Praxis Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Praxis Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Praxis Small's mutual fund. These opinions can provide insight into Praxis Small's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Praxis Mutual Fund
Praxis Small 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 Small security.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |