T ROWE Competition

PRJPX Fund

USD 13.20 -0.44 -3.23%

The fund is listed under the Japan Stock category and is part of the T. Rowe Price family. T Rowe Price is often compared with SIMT SMALL, Artisan Value, Virtus Global, Artisan Emerging, and Martin Currie and additional peers. T ROWE's dividend payout versus peers highlights whether the yield is sustainable or stretched.

Pair Correlation for T ROWE and Schwab Target Snapshot

Minimal diversification benefit

Across the chosen horizon, T ROWE and Schwab Target show a correlation of 0.92 and fall into the Minimal diversification benefit bucket. A 0.92 reading means T ROWE and Schwab Target have substantial price overlap, limiting diversification benefit.

Moving together with PRJPX Mutual Fund

0.93	FJPNX	Fidelity Japan	Pair Corr
0.98	MIJFX	Matthews Japan	Pair Corr
0.94	BAFJX	Brown Advisory	Pair Corr
0.96	HJPNX	Hennessy Japan	Pair Corr
0.96	HJPIX	Hennessy Japan	Pair Corr

Moving against PRJPX Mutual Fund

0.54

MUE

BlackRock Muniholdings

Pair Corr

Specify up to 10 symbols:

Experienced investors tracking T ROWE's watch for mean reversion setups where price has deviated from its long-run average. Sentiment extremes, news events, or liquidity shocks are common catalysts for these temporary dislocations in T ROWE.

Hype

Prediction

Low	Estimated	High
11.90	13.20	14.50

Details

Intrinsic

Valuation

Low	Real	High
12.19	13.49	14.79

Details

Naive

Forecast

Low	Next	High
12.16	13.46	14.76

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
12.98	14.39	15.80

Details

Peer comparison enriches T ROWE analysis by revealing how the company ranks against competitors. T ROWE's multiples must be compared to direct competitors to determine genuine value.

T ROWE Competition Correlation Matrix

Studying peer correlation around T Rowe Price gives investors a cleaner read on how much independent price behavior still exists across the competitive set. The useful question is whether competitors are behaving like true alternatives or simply tracking the same sector move with different volatility.

	SPVYX	ARTLX	ZTR	ARTZX	MCEIX	MCEMX	MEFIX	SMAYX	PJIZX	SWYOX
SPVYX		0.78	0.32	0.83	0.76	0.76	0.76	0.84	0.84	0.92	SPVYX
ARTLX	0.78		-0.25	0.57	0.38	0.38	0.38	0.88	0.48	0.77	ARTLX
ZTR	0.32	-0.25		0.54	0.72	0.72	0.71	-0.02	0.69	0.36	ZTR
ARTZX	0.83	0.57	0.54		0.96	0.96	0.96	0.7	0.97	0.91	ARTZX
MCEIX	0.76	0.38	0.72	0.96		1.0	1.0	0.54	0.98	0.84	MCEIX
MCEMX	0.76	0.38	0.72	0.96	1.0		1.0	0.54	0.98	0.84	MCEMX
MEFIX	0.76	0.38	0.71	0.96	1.0	1.0		0.55	0.98	0.84	MEFIX
SMAYX	0.84	0.88	-0.02	0.7	0.54	0.54	0.55		0.64	0.86	SMAYX
PJIZX	0.84	0.48	0.69	0.97	0.98	0.98	0.98	0.64		0.9	PJIZX
SWYOX	0.92	0.77	0.36	0.91	0.84	0.84	0.84	0.86	0.9		SWYOX
	SPVYX	ARTLX	ZTR	ARTZX	MCEIX	MCEMX	MEFIX	SMAYX	PJIZX	SWYOX

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High positive correlations

MCEMX	+ 1.0	MCEIX
MEFIX	+ 1.0	MCEIX
MEFIX	+ 1.0	MCEMX
PJIZX	+ 0.98	MCEIX
PJIZX	+ 0.98	MCEMX
PJIZX	+ 0.98	MEFIX

High negative correlations

ZTR	- 0.25	ARTLX
SMAYX	- 0.02	ZTR

Risk-Adjusted Indicators

Evaluating PRJPX Mutual Fund requires separating price momentum from underlying business quality relative to competitors. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze T ROWE'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
SPVYX	0.83	-0.08	0.00	0.21	0.00	0.00	1.58	-1.79	5.00
ARTLX	0.62	-0.10	0.00	1.45	0.00	0.00	1.09	-1.46	3.29
ZTR	0.60	0.11	0.18	0.81	0.88	-0.60	1.09	-1.56	3.57
ARTZX	0.93	0.07	0.09	0.09	1.37	-0.89	1.82	-1.63	6.98
MCEIX	1.06	0.09	0.10	0.58	1.62	-1.08	2.32	-2.08	8.55
MCEMX	1.06	0.09	0.10	0.58	1.59	-1.08	2.31	-2.07	8.58
MEFIX	1.05	0.09	0.10	0.54	1.61	-1.07	2.27	-2.09	8.48
SMAYX	0.94	-0.12	0.00	0.59	0.00	0.00	1.52	-2.35	6.58
PJIZX	0.81	0.03	0.07	0.02	1.30	-0.78	1.57	-1.74	6.19
SWYOX	0.56	-0.02	0.00	1.43	0.00	0.00	0.88	-1.35	3.92

T ROWE Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	PRJPX	SPVYX	ARTLX	ZTR	ARTZX	MCEIX	MCEMX	MEFIX	SMAYX	PJIZX
	3.23 13.20 PRJPX	1.34 22.79 SIMT	0.65 13.68 Artisan	2.24 6.55 Virtus	1.54 24.24 Artisan	3.06 17.42 Martin	3.05 17.48 Martin	3.02 17.36 Martin	2.63 33.66 Small	3.13 9.59 PRUDENTIAL
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Low	Very Low	Very Low	Very Low	Very Low	Very Low	Low
Market Performance (90 Days Performance)	Weak	Weak	Weak	Moderate	Soft	Mild	Mild	Mild	Weak	Soft
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Analysis (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)	Cautious Hold	Strong Sell	Sell	Buy	Strong Hold	Hold	Hold	Hold	Strong Sell	Hold
Net Asset	361.52 M	380.19 M	300.83 M	N/A	568.26 M	379.69 M	115.29 M	115.29 M	422.33 M	409.77 M
Minimum Initial Investment	2.5 K	N/A	1 K	N/A	1 K	N/A	N/A	N/A	N/A	N/A
Price To Book	1.47	N/A	1.48	0.73	1.59	1.58	N/A	1.58	N/A	1.32
Five Year Return	-0.87	5.61	8.95	7.0	4.93	0.82	0.92	0.56	1.28	10.71
One Year Return	26.02	18.75	9.13	18.67	41.08	37.96	38.14	37.69	11.95	34.49
Last Dividend Paid	0.03	0.04	0.06	0.08	0.32	0.09	0.09	0.03	N/A	0.14
Price To Earning	16.31	N/A	14.03	49.14	13.86	13.61	N/A	13.61	N/A	12.03
Beta	N/A	N/A	N/A	1.19	N/A	N/A	N/A	N/A	N/A	N/A
Price To Sales	0.87	N/A	1.24	17.23	0.98	1.6	N/A	1.6	N/A	0.93
Cash Position Weight	1.42	2.93	2.17	N/A	6.82	0.27	0.27	0.54	2.13	3.02
Equity Positions Weight	97.7	97.07	97.83	N/A	93.18	99.73	99.73	99.47	97.87	95.15
Three Year Return	12.39	13.71	14.09	12.7	21.33	15.99	16.1	15.7	10.96	24.15
Annual Yield	0.0221	0.0115	0.0144	0.0322	0.0135	0.005	0.0059	0.003	0.0025	0.0182
Year To Date Return	0.74	2.91	2.98	6.2	3.21	4.41	4.45	4.36	0.12	4.49
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.11
Ten Year Return	10.32	5.02	8.54	N/A	1.38	N/A	N/A	N/A	9.57	4.56
Day Typical Price	13.2	22.79	13.68	6.58	24.24	17.42	17.48	17.36	33.66	9.59
Accumulation Distribution	N/A	N/A	N/A	0.0225	N/A	N/A	N/A	N/A	N/A	N/A
Market Facilitation Index	N/A	N/A	N/A	0.15	N/A	N/A	N/A	N/A	N/A	N/A
Daily Balance Of Power	N/A	N/A	N/A	-1.00	N/A	N/A	N/A	N/A	N/A	N/A
Period Momentum Indicator	-0.44	-0.31	-0.09	-0.15	-0.38	-0.55	-0.55	-0.54	-0.91	-0.31
Rate Of Daily Change	0.97	0.99	0.99	0.98	0.98	0.97	0.97	0.97	0.97	0.97
Day Median Price	13.2	22.79	13.68	6.6	24.24	17.42	17.48	17.36	33.66	9.59
Price Action Indicator	-0.22	-0.16	-0.04	-0.12	-0.19	-0.27	-0.28	-0.27	-0.46	-0.16
Relative Strength Index	35.9	39.06	34.37	46.2	40.79	43.43	43.45	43.37	39.52	38.89
Coefficient Of Variation	-5,660	-2,550	-895.78	732.52	2794.31	1698.33	1685.93	1703.35	-1,371	7646.25
Mean Deviation	0.926	0.8288	0.6248	0.6007	0.9278	1.06	1.06	1.05	0.9449	0.8094
Jensen Alpha	-0.01	-0.08	-0.10	0.1093	0.0692	0.0911	0.0919	0.0911	-0.12	0.0306
Total Risk Alpha	0.1267	0.0789	-0.0015	0.1938	0.1837	0.2608	0.2617	0.2587	0.0513	0.1424
Sortino Ratio	N/A	N/A	N/A	0.178	0.0899	0.1031	0.1037	0.1033	N/A	0.073
Downside Variance	N/A	N/A	N/A	1.21	2.16	2.92	2.91	2.88	N/A	1.99
Standard Deviation	1.3	1.07	0.7743	0.7865	1.22	1.49	1.49	1.48	1.23	1.12
Kurtosis	2.1	-0.03	-0.45	0.7351	3.09	3.06	3.01	3.05	0.7288	2.26
Potential Upside	1.68	1.58	1.09	1.09	1.82	2.32	2.31	2.27	1.52	1.57
Treynor Ratio	-0.14	0.2063	1.45	0.8054	0.0937	0.5808	0.5814	0.5387	0.5885	0.0178
Maximum Drawdown	7.93	5.0	3.29	3.57	6.98	8.55	8.58	8.48	6.58	6.19
Variance	1.7	1.14	0.5996	0.6186	1.5	2.23	2.23	2.2	1.52	1.26
Market Risk Adjusted Performance	-0.13	0.2163	1.46	0.8154	0.1037	0.5908	0.5914	0.5487	0.5985	0.0278
Risk Adjusted Performance	-0.01	-0.03	-0.09	0.1093	0.0322	0.0519	0.0522	0.0517	-0.06	0.0134
Skewness	-0.77	0.0588	-0.22	-0.95	-1.13	-1.00	-0.98	-1.00	-0.07	-1.06
Semi Deviation	N/A	N/A	N/A	0.884	1.37	1.62	1.59	1.61	N/A	1.3
Information Ratio	0.0501	0.0436	0.0025	0.2488	0.108	0.1181	0.1185	0.1183	-0.0014	0.0917
Value At Risk	-2.21	-1.79	-1.46	-1.56	-1.63	-2.08	-2.07	-2.09	-2.35	-1.74
Expected Short fall	N/A	N/A	N/A	-0.60	-0.89	-1.08	-1.08	-1.07	N/A	-0.78
Downside Deviation	N/A	N/A	N/A	1.1	1.47	1.71	1.71	1.7	N/A	1.41
Semi Variance	N/A	N/A	N/A	0.7814	1.88	2.62	2.52	2.59	N/A	1.69

T ROWE Competition Peer Performance Charts

How to Analyze T ROWE Against Peers

T ROWE's peer analysis compares T ROWE with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether T ROWE trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where T ROWE leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

T ROWE's beta is lower than the peer group average, meaning its stock tends to swing less during broad market moves. Stronger competitive positioning is usually reflected through margins, returns on capital, and balance-sheet resilience.

Reported values for T Rowe Price are derived from fund disclosures and market reference feeds and then standardized by Macroaxis analytics. Refresh times depend on source availability.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board

Last reviewed on March 9th, 2026

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

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T ROWE Competition

Pair Correlation for T ROWE and Schwab Target Snapshot

Moving together with PRJPX Mutual Fund

Moving against PRJPX Mutual Fund

Specify up to 10 symbols:

T ROWE Competition Correlation Matrix

High positive correlations

High negative correlations

Risk-Adjusted Indicators

T ROWE Competitive Analysis

T ROWE Competition Peer Performance Charts

How to Analyze T ROWE Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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