Pax Esg Beta Fund Price on November 29, 2024
| PXDIX Fund | USD 9.61 0.07 0.72% |
Below is the normalized historical share price chart for Pax Esg Beta extending back to December 16, 2016. 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 Esg stands at 9.61, as last reported on the 3rd of December, with the highest price reaching 9.61 and the lowest price hitting 9.61 during the day.
If you're considering investing in Pax Mutual Fund, it is important to understand the factors that can impact its price. Pax Esg Beta maintains Sharpe Ratio (i.e., Efficiency) of -0.0589, which implies the entity had a -0.0589% return per unit of risk over the last 3 months. Pax Esg Beta exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pax Esg's Coefficient Of Variation of (1,760), risk adjusted performance of (0.05), and Variance of 0.4203 to confirm the risk estimate we provide.
Pax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pax |
Sharpe Ratio = -0.0589
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| Negative Returns | PXDIX |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pax Esg is not performing at its full potential. However, 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 Esg by adding Pax Esg to a well-diversified portfolio.
Pax Esg Valuation on November 29, 2024
It is possible to determine the worth of Pax Esg on a given historical date. On November 29, 2024 Pax was worth 9.68 at the beginning of the trading date compared to the closed value of 9.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pax Esg mutual fund. Still, in general, we apply an absolute valuation method to find Pax Esg'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 Esg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pax Esg's related companies.
| Open | High | Low | Close | Volume | |
| 9.63 | 9.63 | 9.63 | 9.63 | 1.00 | |
11/29/2024 | 9.68 | 9.68 | 9.68 | 9.68 | 1.00 |
| 9.61 | 9.61 | 9.61 | 9.61 | 1.00 |
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Pax Esg Trading Date Momentum on November 29, 2024
| On December 02 2024 Pax Esg Beta was traded for 9.61 at the closing time. The highest daily price throughout the period was 9.61 and the lowest price was 9.61 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.72% . The trading delta at closing time to current closing price is 0.72% . |
Pax Esg Beta Fundamentals Correlations and Trends
By evaluating Pax Esg'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 Esg'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 Esg Mutual Fund history
Pax Esg 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 Esg Beta 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 Esg stock prices may prove useful in developing a viable investing in Pax Esg
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that the Adviser determines derive significant revenues from owning, operating, developing or distributing sustainable infrastructure-related goods, services or assets. The Adviser defines sustainable infrastructure to mean infrastructure that conserves, enables or increases access to vital resources such as clean energy, water, food and agriculture.
Pax Esg Mutual Fund Technical Analysis
Pax Esg 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 Esg Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Pax Esg Beta 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 Esg December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Pax Esg 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 Esg shares will generate the highest return on investment. By undertsting and applying Pax Esg mutual fund market strength indicators, traders can identify Pax Esg Beta entry and exit signals to maximize returns
Pax Esg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pax Esg'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 | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.21) |
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| Volume Indicators |
Other Information on Investing in Pax Mutual Fund
Pax Esg 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 Esg security.
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