PAX Global (Germany) Price on November 14, 2024
| P8X Stock | EUR 0.63 0.02 3.28% |
If you're considering investing in PAX Stock, it is important to understand the factors that can impact its price. As of today, the current price of PAX Global stands at 0.63, as last reported on the 30th of November, with the highest price reaching 0.63 and the lowest price hitting 0.63 during the day. PAX Global is out of control given 3 months investment horizon. PAX Global Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the company had a 0.18% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use PAX Global Mean Deviation of 5.61, market risk adjusted performance of (0.91), and Coefficient Of Variation of 541.11 to evaluate company specific risk that cannot be diversified away.
PAX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PAX |
Sharpe Ratio = 0.1785
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | P8X | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.5 actual daily | 75 75% of assets are less volatile |
Expected Return
| 1.52 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average PAX Global is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PAX Global by adding it to a well-diversified portfolio.
PAX Global Valuation on November 14, 2024
It is possible to determine the worth of PAX Global on a given historical date. On November 14, 2024 PAX was worth 0.55 at the beginning of the trading date compared to the closed value of 0.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PAX Global stock. Still, in general, we apply an absolute valuation method to find PAX Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PAX Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PAX Global's related companies.
| Open | High | Low | Close | Volume | |
| 0.54 | 0.59 | 0.54 | 0.59 | 1.00 | |
11/14/2024 | 0.55 | 0.55 | 0.55 | 0.55 | 1.00 |
| 0.54 | 0.54 | 0.54 | 0.54 | 1.00 |
| Backtest PAX Global | | | PAX Global History | | | PAX Global Valuation | Previous | Next |
PAX Global Trading Date Momentum on November 14, 2024
| On November 15 2024 PAX Global Technology was traded for 0.54 at the closing time. The highest daily price throughout the period was 0.54 and the lowest price was 0.54 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.82% . The trading delta at closing time to current closing price is 1.82% . |
PAX Global Technology Fundamentals Correlations and Trends
By evaluating PAX Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PAX Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PAX Global Stock history
PAX Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PAX Global Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PAX Global stock prices may prove useful in developing a viable investing in PAX Global
PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. PAX Global Technology Limited was founded in 2000 and is headquartered in Wanchai, Hong Kong. PAX GLOBAL operates under Business Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1690 people.
PAX Global Stock Technical Analysis
PAX Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
PAX Global Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
PAX Global Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PAX Global November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how PAX Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PAX Global shares will generate the highest return on investment. By undertsting and applying PAX Global stock market strength indicators, traders can identify PAX Global Technology entry and exit signals to maximize returns
PAX Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PAX Global's price direction in advance. Along with the technical and fundamental analysis of PAX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PAX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1504 | |||
| Jensen Alpha | 1.78 | |||
| Total Risk Alpha | 0.1421 | |||
| Sortino Ratio | 0.1932 | |||
| Treynor Ratio | (0.92) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PAX Stock analysis
When running PAX Global's price analysis, check to measure PAX Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PAX Global is operating at the current time. Most of PAX Global's value examination focuses on studying past and present price action to predict the probability of PAX Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PAX Global's price. Additionally, you may evaluate how the addition of PAX Global to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |