Pax Esg Beta Fund Price on November 11, 2024
| PXGAX Fund | USD 27.59 0.18 0.66% |
Below is the normalized historical share price chart for Pax Esg Beta extending back to May 02, 2013. 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 27.59, as last reported on the 24th of November, with the highest price reaching 27.59 and the lowest price hitting 27.59 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 Esg Beta maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pax Esg Beta, which you can use to evaluate the volatility of the fund. Please check Pax Esg's Risk Adjusted Performance of 0.0985, coefficient of variation of 778.34, and Semi Deviation of 0.6669 to confirm if the risk estimate we provide is consistent with the expected return of 0.0835%.
Pax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pax |
Sharpe Ratio = 0.1111
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| Cash | PXGAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Pax Esg is performing at about 8% 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 Esg by adding it to a well-diversified portfolio.
Pax Esg Valuation on November 11, 2024
It is possible to determine the worth of Pax Esg on a given historical date. On November 11, 2024 Pax was worth 27.62 at the beginning of the trading date compared to the closed value of 27.62. 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 | |
| 27.60 | 27.60 | 27.60 | 27.60 | 1.00 | |
11/11/2024 | 27.62 | 27.62 | 27.62 | 27.62 | 1.00 |
| 27.51 | 27.51 | 27.51 | 27.51 | 1.00 |
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Pax Esg Trading Date Momentum on November 11, 2024
| On November 12 2024 Pax Esg Beta was traded for 27.51 at the closing time. The highest daily price throughout the period was 27.51 and the lowest price was 27.51 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.40% . The trading delta at closing time to current closing price is 0.76% . |
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
The Adviser follows a sustainable investing approach, investing in companies that the Adviser believes are well positioned to benefit from the transition to a more sustainable economy, integrating environmental, social and governance analysis into portfolio construction and managing the portfolio within certain risk parameters relative to the funds benchmark universe of Russell 1000 Index companies. Under normal market conditions, the fund invests at least 80 percent of its net assets in large-capitalization U.S. equity securities.
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 | November 24, 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 November 24, 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 | 0.0985 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1068 |
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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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