Praxis Small Cap Fund Quote
| MMSIX Fund | USD 11.03 0.18 1.66% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Praxis Small is trading at 11.03 as of the 3rd of May 2024; that is 1.66 percent increase since the beginning of the trading day. The fund's open price was 10.85. Praxis Small has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Praxis Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
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.. More on Praxis Small Cap
Moving together with Praxis Mutual Fund
| 0.77 | MMSCX | Praxis Small Cap | PairCorr |
| 0.7 | MPLAX | Praxis International | PairCorr |
| 0.69 | MPLIX | Praxis International | PairCorr |
| 0.85 | MBAPX | Praxis Genesis Balanced | PairCorr |
| 0.63 | MCONX | Praxis Genesis Servative | PairCorr |
Praxis Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Praxis Small's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Praxis Small or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Praxis Mutual Funds, Large Funds, Small Blend Funds, Small Blend, Praxis Mutual Funds, Large, Small Blend (View all Sectors) |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Praxis Small Cap [MMSIX] is traded in USA and was established 3rd of May 2024. Praxis Small is listed under Praxis Mutual Funds category by Fama And French industry classification. The fund is listed under Small Blend category and is part of Praxis Mutual Funds family. This fund now has accumulated 155.31 M in assets with minimum initial investment of 100 K. Praxis Small Cap is currently producing year-to-date (YTD) return of 1.08% with the current yeild of 0.01%, while the total return for the last 3 years was -1.74%.
Check Praxis Small Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Praxis Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Praxis Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Praxis Small Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Praxis Small Cap Mutual Fund Constituents
| SEDG | SolarEdge Technologies | Stock | Information Technology |
| WING | Wingstop | Stock | Consumer Discretionary |
| M | Macys Inc | Stock | Consumer Discretionary |
| TREE | Lendingtree | Stock | Financials |
| ACN | Accenture plc | Stock | Information Technology |
| VRTV | Veritiv Cor | Stock | Industrials |
| NSP | Insperity | Stock | Industrials |
Praxis Small Target Price Odds Analysis
Based on a normal probability distribution, the odds of Praxis Small jumping above the current price in 90 days from now is about 40.13%. The Praxis Small Cap probability density function shows the probability of Praxis Small mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Praxis Small Cap has a beta of -0.1999. This indicates as returns on the benchmark increase, returns on holding Praxis Small are expected to decrease at a much lower rate. During a bear market, however, Praxis Small Cap is likely to outperform the market. Additionally, praxis Small Cap has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Praxis Small to move above the current price in 90 days from now is about 40.13 (This Praxis Small Cap probability density function shows the probability of Praxis Mutual Fund to fall within a particular range of prices over 90 days) .
Praxis Small Top Holders
| MGAFX | Praxis Genesis Growth | Mutual Fund | Allocation--70% to 85% Equity |
| MCONX | Praxis Genesis Servative | Mutual Fund | Allocation--30% to 50% Equity |
| MBAPX | Praxis Genesis Balanced | Mutual Fund | Allocation--50% to 70% Equity |
Praxis Small Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Praxis Small market risk premium is the additional return an investor will receive from holding Praxis Small long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Praxis Small. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Praxis Small's alpha and beta are two of the key measurements used to evaluate Praxis Small's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9224 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.44 | |||
| Risk Adjusted Performance | (0.01) |
Praxis Small Against Markets
Picking the right benchmark for Praxis Small mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Praxis Small mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Praxis Small is critical whether you are bullish or bearish towards Praxis Small Cap at a given time. Please also check how Praxis Small's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Praxis Small without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
| All Next | Launch Module |
How to buy Praxis Mutual Fund?
Before investing in Praxis Small, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Praxis Small. To buy Praxis Small fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Praxis Small. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Praxis Small fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Praxis Small Cap fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Praxis Small Cap fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Praxis Small Cap, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Praxis Small Cap?
The danger of trading Praxis Small Cap is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Praxis Small is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Praxis Small. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Praxis Small Cap is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Praxis Small Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.