Pax E Bond Fund Odds of Future Mutual Fund Price Finishing Over 8.75
| PXBIX Fund | USD 8.85 0.03 0.34% |
Pax |
Pax Core Target Price Odds to finish over 8.75
The tendency of Pax Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 8.75 in 90 days |
| 8.85 | 90 days | 8.75 | about 86.23 |
Based on a normal probability distribution, the odds of Pax Core to stay above $ 8.75 in 90 days from now is about 86.23 (This Pax E Bond probability density function shows the probability of Pax Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Pax E Bond price to stay between $ 8.75 and its current price of $8.85 at the end of the 90-day period is about 29.02 .
Assuming the 90 days horizon Pax E Bond has a beta of -0.0565 indicating as returns on the benchmark increase, returns on holding Pax Core are expected to decrease at a much lower rate. During a bear market, however, Pax E Bond is likely to outperform the market. Additionally Pax E Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pax Core Price Density |
| Price |
Predictive Modules for Pax Core
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pax E Bond. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Pax Core Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pax Core is not an exception. The market had few large corrections towards the Pax Core's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pax E Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pax Core within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.49 |
Pax Core Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pax Core for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pax E Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pax E Bond generated a negative expected return over the last 90 days | |
| Pax E Bond generated five year return of 0.0% | |
| This fund maintains about 94.64% of its assets in bonds |
Pax Core Technical Analysis
Pax Core's future price can be derived by breaking down and analyzing its technical indicators over time. Pax Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pax E Bond. In general, you should focus on analyzing Pax Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pax Core Predictive Forecast Models
Pax Core's time-series forecasting models is one of many Pax Core's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pax Core's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Pax E Bond
Checking the ongoing alerts about Pax Core for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pax E Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pax E Bond generated a negative expected return over the last 90 days | |
| Pax E Bond generated five year return of 0.0% | |
| This fund maintains about 94.64% of its assets in bonds |
Other Information on Investing in Pax Mutual Fund
Pax Core financial ratios help investors to determine whether Pax 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 Pax with respect to the benefits of owning Pax Core security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |