Pax Msci Eafe Fund Price on July 26, 2023
PXINX Fund | USD 10.75 0.06 0.56% |
If you're considering investing in Pax Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Pax Msci stands at 10.75, as last reported on the 27th of November, with the highest price reaching 10.75 and the lowest price hitting 10.75 during the day. Pax Msci Eafe maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13% return per unit of risk over the last 3 months. Pax Msci Eafe exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pax Msci's Coefficient Of Variation of (787.02), risk adjusted performance of (0.1), and Variance of 0.6954 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 = -0.1271
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Estimated Market Risk
0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pax Msci 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 Msci by adding Pax Msci to a well-diversified portfolio.
Pax Msci Valuation on July 26, 2023
It is possible to determine the worth of Pax Msci on a given historical date. On July 26, 2023 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 Msci mutual fund. Still, in general, we apply an absolute valuation method to find Pax Msci'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 Msci where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pax Msci's related companies.
Open | High | Low | Close | Volume | |
9.67 | 9.67 | 9.67 | 9.67 | 1.00 | |
07/26/2023 | 9.68 | 9.68 | 9.68 | 9.68 | 1.00 |
9.67 | 9.67 | 9.67 | 9.67 | 1.00 |
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Pax Msci Trading Date Momentum on July 26, 2023
On July 27 2023 Pax Msci Eafe was traded for 9.67 at the closing time. The highest daily price throughout the period was 9.67 and the lowest price was 9.67 . There was no trading activity during the period 1.0. Lack of trading volume on 07/27/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 1.55% . |
Pax Msci Eafe Fundamentals Correlations and Trends
By evaluating Pax Msci'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 Msci'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 Msci Mutual Fund history
Pax Msci 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 Msci Eafe 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 Msci stock prices may prove useful in developing a viable investing in Pax Msci
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 ratings into portfolio construction and managing the portfolio within certain risk parameters relative to the funds benchmark universe of MSCI EAFE Index companies. PAX MSCI is traded on NASDAQ Exchange in the United States.
Pax Msci Mutual Fund Technical Analysis
Pax Msci 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 Msci Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Pax Msci Eafe 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 Msci November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Pax Msci 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 Msci shares will generate the highest return on investment. By undertsting and applying Pax Msci mutual fund market strength indicators, traders can identify Pax Msci Eafe entry and exit signals to maximize returns
Pax Msci Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pax Msci'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 | (0.1) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | 1.77 |
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Volume Indicators |
Other Information on Investing in Pax Mutual Fund
Pax Msci 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 Msci security.
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