Praxis Genesis Balanced Fund Quote
| MBAPX Fund | USD 14.82 0.09 0.61% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Praxis Genesis is trading at 14.82 as of the 23rd of April 2024; that is 0.61 percent up since the beginning of the trading day. The fund's open price was 14.73. Praxis Genesis has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Praxis Genesis Balanced are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The Portfolio, a fund of funds, seeks to achieve its investment objective by investing primarily in Class I shares of underlying Praxis Funds. The Portfolio typically invests approximately 30-50 percent of its total assets in bond funds and 50-70 percent of its total assets in equity funds.. More on Praxis Genesis Balanced
Moving together with Praxis Mutual Fund
| 0.9 | MMDEX | Praxis Growth Index | PairCorr |
| 0.83 | MMSCX | Praxis Small Cap | PairCorr |
| 0.83 | MMSIX | Praxis Small Cap | PairCorr |
| 0.95 | MPLAX | Praxis International | PairCorr |
| 0.95 | MPLIX | Praxis International | PairCorr |
| 0.92 | 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 Genesis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Praxis Genesis 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 Blend Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, Praxis Mutual Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Praxis Genesis Balanced [MBAPX] is traded in USA and was established 23rd of April 2024. Praxis Genesis is listed under Praxis Mutual Funds category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of Praxis Mutual Funds family. This fund now has accumulated 87.03 M in assets with minimum initial investment of 1 K. Praxis Genesis Balanced is currently producing year-to-date (YTD) return of 1.15% with the current yeild of 0.02%, while the total return for the last 3 years was 0.15%.
Check Praxis Genesis 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 Genesis Balanced 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 Genesis Balanced Mutual Fund Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
| MIIIX | Praxis Impact Bond | Mutual Fund | Intermediate Core Bond |
| MMDEX | Praxis Growth Index | Mutual Fund | Large Growth |
| MMSIX | Praxis Small Cap | Mutual Fund | Small Blend |
| MPLIX | Praxis International Index | Mutual Fund | Foreign Large Blend |
| MVIIX | Praxis Value Index | Mutual Fund | Large Value |
Praxis Genesis Target Price Odds Analysis
Based on a normal probability distribution, the odds of Praxis Genesis jumping above the current price in 90 days from now is about 84.13%. The Praxis Genesis Balanced probability density function shows the probability of Praxis Genesis mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Praxis Genesis has a beta of 0.7339. This indicates as returns on the market go up, Praxis Genesis average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Praxis Genesis Balanced will be expected to be much smaller as well. Additionally, praxis Genesis Balanced 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 Genesis to move above the current price in 90 days from now is about 84.13 (This Praxis Genesis Balanced probability density function shows the probability of Praxis Mutual Fund to fall within a particular range of prices over 90 days) .
Praxis Genesis Balanced Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Praxis Genesis market risk premium is the additional return an investor will receive from holding Praxis Genesis 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 Genesis. 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 Genesis' alpha and beta are two of the key measurements used to evaluate Praxis Genesis' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3765 | |||
| Semi Deviation | 0.448 | |||
| Standard Deviation | 0.4892 | |||
| Variance | 0.2393 |
Praxis Genesis Against Markets
Picking the right benchmark for Praxis Genesis 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 Genesis 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 Genesis is critical whether you are bullish or bearish towards Praxis Genesis Balanced at a given time. Please also check how Praxis Genesis' 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 Genesis 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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How to buy Praxis Mutual Fund?
Before investing in Praxis Genesis, 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 Genesis. To buy Praxis Genesis fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Praxis Genesis. 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 Genesis fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Praxis Genesis Balanced 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 Genesis Balanced 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 Genesis Balanced, 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 Genesis Balanced?
The danger of trading Praxis Genesis Balanced 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 Genesis 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 Genesis. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Praxis Genesis Balanced 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 Genesis Balanced. 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 american community survey. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.