Praxis Growth Index Fund Manager Performance Evaluation
| MGNDX Fund | USD 50.74 0.81 1.62% |
The fund holds a Beta of 0.7, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Praxis Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Praxis Growth is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Praxis Growth Index are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental indicators, Praxis Growth may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.6500 |
Praxis |
Praxis Growth Relative Risk vs. Return Landscape
If you would invest 4,556 in Praxis Growth Index on September 13, 2024 and sell it today you would earn a total of 518.00 from holding Praxis Growth Index or generate 11.37% return on investment over 90 days. Praxis Growth Index is currently producing 0.1724% returns and takes up 0.8984% volatility of returns over 90 trading days. Put another way, 8% 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 Growth Current Valuation
Undervalued
Today
Please note that Praxis Growth's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Praxis Growth Index holds a recent Real Value of $54.5 per share. The prevailing price of the fund is $50.74. We determine the value of Praxis Growth Index 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 Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Praxis Mutual Fund. However, Praxis Growth'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 50.74 | Real 54.5 | Hype 50.74 | Naive 51.23 |
The intrinsic value of Praxis Growth'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 Growth'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 Growth Index 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 Growth more accurately as focusing exclusively on Praxis Growth's fundamentals will not take into account other important factors: Praxis Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Praxis Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Praxis Growth Index, and traders can use it to determine the average amount a Praxis Growth'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 = 0.1919
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MGNDX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Praxis Growth is performing at about 15% 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 Growth by adding it to a well-diversified portfolio.
Praxis Growth Fundamentals Growth
Praxis Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Praxis Growth, and Praxis Growth 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 | 21.16 X | ||||
| Price To Book | 4.73 X | ||||
| Price To Sales | 2.67 X | ||||
| Total Asset | 85.6 M | ||||
About Praxis Growth Performance
Evaluating Praxis Growth's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Praxis Growth 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 Growth 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. large capitalization growth equities market, as measured by the SP 500 Growth Index. Under normal circumstances, 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. The fund seeks to invest in companies aligned with the Stewardship Investing core values.Things to note about Praxis Growth Index performance evaluation
Checking the ongoing alerts about Praxis Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Praxis Growth Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Praxis Growth's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Praxis Growth's mutual fund performance include:- Analyzing Praxis Growth'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 Growth's stock is overvalued or undervalued compared to its peers.
- Examining Praxis Growth'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 Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Praxis Growth's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Praxis Growth's mutual fund. These opinions can provide insight into Praxis Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Praxis Mutual Fund
Praxis Growth 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 Growth security.
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