Praxis International Competition

MPLAX Fund

USD 13.50 0.13 0.95%

Praxis International competes with Praxis Growth, Praxis Small, Praxis Small, Praxis International, and Praxis Genesis; as well as few others. The fund is listed under Foreign Large Blend category and is part of Praxis Mutual Funds family. Analyzing Praxis International 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 International to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Praxis International 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 International competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
12.72	13.50	14.28

Details

Intrinsic

Valuation

Low	Real	High
12.77	13.55	14.33

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Praxis International. Your research has to be compared to or analyzed against Praxis International's peers to derive any actionable benefits. When done correctly, Praxis International's 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 International.

Praxis International Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Praxis International 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 International does not affect the price movement of the other competitor.

	MMDEX	MMSCX	MMSIX	MPLAX	MPLIX	MBAPX	MCONX	MVIIX	MVIAX	MGAFX
MMDEX		0.86	0.86	-0.3	-0.29	0.7	-0.11	0.82	0.82	0.87	MMDEX
MMSCX	0.86		1.0	-0.41	-0.4	0.77	0.04	0.94	0.94	0.89	MMSCX
MMSIX	0.86	1.0		-0.42	-0.4	0.77	0.04	0.94	0.94	0.89	MMSIX
MPLAX	-0.3	-0.41	-0.42		1.0	0.19	0.58	-0.39	-0.39	0.0	MPLAX
MPLIX	-0.29	-0.4	-0.4	1.0		0.2	0.58	-0.38	-0.37	0.01	MPLIX
MBAPX	0.7	0.77	0.77	0.19	0.2		0.6	0.73	0.73	0.95	MBAPX
MCONX	-0.11	0.04	0.04	0.58	0.58	0.6		-0.01	0.0	0.31	MCONX
MVIIX	0.82	0.94	0.94	-0.39	-0.38	0.73	-0.01		1.0	0.87	MVIIX
MVIAX	0.82	0.94	0.94	-0.39	-0.37	0.73	0.0	1.0		0.87	MVIAX
MGAFX	0.87	0.89	0.89	0.0	0.01	0.95	0.31	0.87	0.87		MGAFX
	MMDEX	MMSCX	MMSIX	MPLAX	MPLIX	MBAPX	MCONX	MVIIX	MVIAX	MGAFX

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High positive correlations

MMSIX	+ 1.0	MMSCX
MPLIX	+ 1.0	MPLAX
MVIAX	+ 1.0	MVIIX
MGAFX	+ 0.95	MBAPX
MVIIX	+ 0.94	MMSCX
MVIAX	+ 0.94	MMSCX

High negative correlations

MPLAX	- 0.42	MMSIX
MPLAX	- 0.41	MMSCX
MPLIX	- 0.4	MMSIX
MPLIX	- 0.4	MMSCX
MVIAX	- 0.39	MPLAX
MVIIX	- 0.39	MPLAX

Risk-Adjusted Indicators

There is a big difference between Praxis Mutual Fund performing well and Praxis International 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 International's 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	0.66	0.13	0.10	0.30	0.59	(0.73)	1.66	(1.37)	5.19
MMSCX	0.86	0.02	0.07	0.13	0.70	(0.97)	1.96	(1.46)	7.49
MMSIX	0.86	0.02	0.07	0.13	0.68	(1.00)	2.00	(1.45)	7.39
MPLAX	0.60	(0.01)	(0.11)	0.08	0.75	(0.60)	1.38	(1.24)	3.95
MPLIX	0.59	(0.01)	(0.11)	0.09	0.75	(0.60)	1.37	(1.23)	3.91
MBAPX	0.33	0.00	(0.17)	0.10	0.30	(0.37)	0.73	(0.61)	2.04
MCONX	0.22	(0.02)	(0.40)	(0.01)	0.24	(0.26)	0.49	(0.49)	1.39
MVIIX	0.46	(0.03)	(0.14)	0.07	0.35	(0.56)	0.99	(0.72)	3.23
MVIAX	0.46	(0.04)	(0.14)	0.07	0.37	(0.57)	0.98	(0.71)	3.26
MGAFX	0.40	0.01	(0.07)	0.13	0.33	(0.47)	0.86	(0.70)	2.74

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

All Fundamental Data

Praxis International Competitive Analysis

The better you understand Praxis International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Praxis International's 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 International's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	MPLAX	MMDEX	MMSCX	MMSIX	MPLIX	MBAPX	MCONX	MVIIX	MVIAX	MGAFX
	0.95 13.50 Praxis	0.58 51.23 Praxis	0.86 11.48 Praxis	0.54 13.00 Praxis	0.94 13.63 Praxis	0.60 16.46 Praxis	0.49 12.28 Praxis	0.25 19.69 Praxis	0.20 19.84 Praxis	0.64 20.23 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)	Very Weak	Good	OK	OK	Very Weak	Modest	Very Weak	Modest	Modest	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly 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 Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Net Asset	384.43 M	528.19 M	155.31 M	155.31 M	384.43 M	87.03 M	25.07 M	433.54 M	433.54 M	97.04 M
Minimum Initial Investment	N/A	100 K	N/A	100 K	100 K	1 K	1 K	100 K	N/A	1 K
Price To Book	1.44	4.85	2.81	2.81	1.39	2.22	2.21	1.91	1.91	2.21
Five Year Return	5.59	18.19	8.84	9.6	6.22	6.79	3.32	11.52	11.02	8.9
One Year Return	16.47	42.57	27.21	25.61	17.13	17.73	11.53	21.96	19.38	20.75
Last Dividend Paid	0.1	N/A	N/A	N/A	0.19	0.01	0.01	N/A	N/A	N/A
Price To Earning	15.27	21.36	25.49	25.49	14.98	18.4	18.0	16.76	16.76	18.43
Price To Sales	1.08	2.77	1.81	1.81	1.06	1.59	1.59	1.48	1.48	1.58
Cash Position Weight	1.54	0.02	0.76	0.45	1.02	2.62	4.29	0.8	0.89	1.53
Equity Positions Weight	97.38	99.18	98.31	98.67	97.74	59.78	30.29	98.38	98.26	79.24
Three Year Return	2.64	9.69	2.95	3.49	3.21	3.23	0.7	10.42	9.46	4.42
Annual Yield	0.0257	0.0066	0.0078	0.0111	0.0298	0.0177	0.0219	0.0102	0.0078	0.0139
Year To Date Return	10.62	36.57	15.72	16.23	11.23	12.84	8.09	15.82	14.65	15.63
Bond Positions Weight	N/A	0.8	N/A	0.88	0.9	37.32	65.0	0.82	N/A	19.04
Ten Year Return	N/A	15.36	6.38	7.04	N/A	6.77	5.25	10.15	9.54	7.66
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	13.5	51.23	11.48	13.0	13.63	16.46	12.28	19.69	19.84	20.23
Period Momentum Indicator	(0.13)	(0.30)	(0.10)	0.07	(0.13)	(0.10)	(0.06)	(0.05)	(0.04)	(0.13)
Rate Of Daily Change	0.99	0.99	0.99	1.01	0.99	0.99	1.0	1.0	1.0	0.99
Day Median Price	13.5	51.23	11.48	13.0	13.63	16.46	12.28	19.69	19.84	20.23
Price Action Indicator	(0.07)	(0.15)	(0.05)	0.035	(0.07)	(0.05)	(0.03)	(0.03)	(0.02)	(0.07)
Coefficient Of Variation	2258.14	412.61	627.54	625.01	2118.99	739.66	3112.72	972.44	1014.63	590.37
Mean Deviation	0.6	0.664	0.8569	0.8615	0.5949	0.3305	0.2195	0.4558	0.4623	0.4039
Jensen Alpha	(0.01)	0.1329	0.0179	0.019	(0.01)	(0)	(0.02)	(0.03)	(0.04)	0.0115
Total Risk Alpha	(0.1)	0.0671	(0.01)	(0.01)	(0.1)	(0.02)	(0.05)	(0.04)	(0.05)	(0)
Sortino Ratio	(0.11)	0.1019	0.0742	0.072	(0.11)	(0.17)	(0.40)	(0.14)	(0.14)	(0.07)
Downside Variance	0.6661	0.9335	0.9097	0.9839	0.6607	0.1659	0.0844	0.2047	0.2109	0.2504
Standard Deviation	0.7774	0.9197	1.23	1.22	0.7696	0.4129	0.2804	0.5873	0.594	0.5188
Kurtosis	0.5481	1.6	6.27	5.89	0.5107	0.0238	0.3771	3.42	3.47	0.5907
Potential Upside	1.38	1.66	1.96	2.0	1.37	0.7339	0.4858	0.9906	0.985	0.8577
Treynor Ratio	0.0845	0.3045	0.1268	0.1275	0.0944	0.1048	(0.01)	0.0687	0.0657	0.1344
Maximum Drawdown	3.95	5.19	7.49	7.39	3.91	2.04	1.39	3.23	3.26	2.74
Variance	0.6044	0.8458	1.5	1.5	0.5923	0.1705	0.0786	0.3449	0.3529	0.2691
Market Risk Adjusted Performance	0.0945	0.3145	0.1368	0.1375	0.1044	0.1148	0.0046	0.0787	0.0757	0.1444
Risk Adjusted Performance	0.0327	0.1772	0.1192	0.1197	0.0347	0.0902	0.0074	0.072	0.069	0.1184
Skewness	0.1889	(0.30)	1.64	1.59	0.1323	(0.02)	0.1403	1.18	1.2	0.2219
Semi Deviation	0.7509	0.5889	0.697	0.6838	0.7464	0.3026	0.2374	0.3545	0.365	0.3337
Information Ratio	(0.12)	0.107	0.0578	0.0583	(0.11)	(0.17)	(0.41)	(0.11)	(0.11)	(0.07)
Value At Risk	(1.24)	(1.37)	(1.46)	(1.45)	(1.23)	(0.61)	(0.49)	(0.72)	(0.71)	(0.70)
Expected Short fall	(0.60)	(0.73)	(0.97)	(1.00)	(0.60)	(0.37)	(0.26)	(0.56)	(0.57)	(0.47)
Downside Deviation	0.8161	0.9662	0.9538	0.9919	0.8129	0.4073	0.2905	0.4525	0.4593	0.5004
Semi Variance	0.5639	0.3468	0.4859	0.4676	0.5571	0.0916	0.0564	0.1257	0.1333	0.1113

Praxis International Competition Performance Charts

Five steps to successful analysis of Praxis International Competition

Praxis International's 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 International in relation to its competition. Praxis International's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Praxis International 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 International's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Praxis International, 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 International position

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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 Disruptive Technologies Theme or any other thematic opportunities.

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Other Information on Investing in Praxis Mutual Fund

Praxis International 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 International security.

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