Praxis Genesis Balanced Fund Net Asset
| MBAPX Fund | USD 15.33 0.08 0.52% |
Praxis Genesis Balanced fundamentals help investors to digest information that contributes to Praxis Genesis' financial success or failures. It also enables traders to predict the movement of Praxis Mutual Fund. The fundamental analysis module provides a way to measure Praxis Genesis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Praxis Genesis mutual fund.
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Praxis Genesis Balanced Mutual Fund Net Asset Analysis
Praxis Genesis' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Praxis Genesis Net Asset | 87.03 M |
Most of Praxis Genesis' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Praxis Genesis Balanced is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Praxis Genesis Balanced has a Net Asset of 87.03 M. This is much higher than that of the Praxis Mutual Funds family and significantly higher than that of the Allocation--50% to 70% Equity category. The net asset for all United States funds is notably lower than that of the firm.
Praxis Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Praxis Genesis' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Praxis Genesis could also be used in its relative valuation, which is a method of valuing Praxis Genesis by comparing valuation metrics of similar companies.Praxis Genesis is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Praxis Genesis
The fund invests 59.78% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (37.32%) , cash (2.62%) and various exotic instruments.Asset allocation divides Praxis Genesis' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Praxis Fundamentals
| Price To Earning | 18.40 X | ||||
| Price To Book | 2.22 X | ||||
| Price To Sales | 1.59 X | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 3.67 % | ||||
| One Year Return | 13.12 % | ||||