Pax Balanced Fund Price on June 3, 2024
| PAXWX Fund | USD 27.04 0.12 0.45% |
Below is the normalized historical share price chart for Pax Balanced Fund extending back to May 15, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pax Balanced stands at 27.04, as last reported on the 30th of November, with the highest price reaching 27.04 and the lowest price hitting 27.04 during the day.
If you're considering investing in Pax Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Pax Mutual Fund to be very steady. Pax Balanced maintains Sharpe Ratio (i.e., Efficiency) of 0.0945, which implies the entity had a 0.0945% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pax Balanced, which you can use to evaluate the volatility of the fund. Please check Pax Balanced's Coefficient Of Variation of 1403.45, risk adjusted performance of 0.0481, and Semi Deviation of 0.4584 to confirm if the risk estimate we provide is consistent with the expected return of 0.0426%.
Pax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pax |
Sharpe Ratio = 0.0945
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| Negative Returns | PAXWX |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Pax Balanced is performing at about 7% 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 Balanced by adding it to a well-diversified portfolio.
Pax Balanced Valuation on June 3, 2024
It is possible to determine the worth of Pax Balanced on a given historical date. On June 3, 2024 Pax was worth 25.4 at the beginning of the trading date compared to the closed value of 25.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pax Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Pax Balanced'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 Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pax Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 25.35 | 25.35 | 25.35 | 25.35 | 1.00 | |
06/03/2024 | 25.40 | 25.40 | 25.40 | 25.40 | 1.00 |
| 25.40 | 25.40 | 25.40 | 25.40 | 1.00 |
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Pax Balanced Trading Date Momentum on June 3, 2024
| On June 04 2024 Pax Balanced Fund was traded for 25.40 at the closing time. The highest daily price throughout the period was 25.40 and the lowest price was 25.40 . There was no trading activity during the period 1.0. Lack of trading volume on 06/04/2024 did not cause price change. The trading delta at closing time to current closing price is 1.06% . |
Pax Balanced Fundamentals Correlations and Trends
By evaluating Pax Balanced'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 Balanced'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 Balanced Mutual Fund history
Pax Balanced 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 Balanced 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 Balanced stock prices may prove useful in developing a viable investing in Pax Balanced
The adviser normally expects to invest approximately 50-75 percent of its assets in equity securities and 25-50 percent of its assets in debt securities . The funds multi-asset ESG strategy is designed to achieve lower volatility by combining complementary investment approaches.
Pax Balanced Mutual Fund Technical Analysis
Pax Balanced technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Pax Balanced Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Pax Balanced Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Balanced November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Pax Balanced mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pax Balanced shares will generate the highest return on investment. By undertsting and applying Pax Balanced mutual fund market strength indicators, traders can identify Pax Balanced Fund entry and exit signals to maximize returns
Pax Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pax Balanced's price direction in advance. Along with the technical and fundamental analysis of Pax Mutual Fund 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 | 0.0481 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.0498 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Pax Mutual Fund
Pax Balanced 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 Balanced security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |