Pax Small Cap Fund Price on October 17, 2024
| PXSCX Fund | USD 19.28 0.35 1.85% |
Below is the normalized historical share price chart for Pax Small Cap extending back to March 27, 2008. 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 Small stands at 19.28, as last reported on the 23rd of November, with the highest price reaching 19.28 and the lowest price hitting 19.28 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 Small Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pax Small Cap, which you can use to evaluate the volatility of the fund. Please check Pax Small's Coefficient Of Variation of 573.27, risk adjusted performance of 0.1369, and Semi Deviation of 0.7296 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Pax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pax |
Sharpe Ratio = 0.1464
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Pax Small is performing at about 11% 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 Small by adding it to a well-diversified portfolio.
Pax Small Valuation on October 17, 2024
It is possible to determine the worth of Pax Small on a given historical date. On October 17, 2024 Pax was worth 18.14 at the beginning of the trading date compared to the closed value of 18.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pax Small mutual fund. Still, in general, we apply an absolute valuation method to find Pax Small'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 Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pax Small's related companies.
| Open | High | Low | Close | Volume | |
| 18.16 | 18.16 | 18.16 | 18.16 | 1.00 | |
10/17/2024 | 18.14 | 18.14 | 18.14 | 18.14 | 1.00 |
| 18.21 | 18.21 | 18.21 | 18.21 | 1.00 |
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Pax Small Trading Date Momentum on October 17, 2024
| On October 18 2024 Pax Small Cap was traded for 18.21 at the closing time. The highest daily price throughout the period was 18.21 and the lowest price was 18.21 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.39% . The trading delta at closing time to current closing price is 0.83% . |
Pax Small Cap Fundamentals Correlations and Trends
By evaluating Pax Small'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 Small'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 Small Mutual Fund history
Pax Small 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 Small Cap 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 Small stock prices may prove useful in developing a viable investing in Pax Small
The fund invests at least 80 percent of its net assets in equity securities of companies that, when purchased, have capitalizations within the range of the Russell 2000 Index as measured by market capitalization. The fund may invest up to 45 percent of its assets in securities of non-U.S. issuers. It may invest no more than 25 percent of its assets in securities of non-U.S. issuers other than ADRs.
Pax Small Mutual Fund Technical Analysis
Pax Small 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 Small Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Pax Small Cap 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 Small November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Pax Small 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 Small shares will generate the highest return on investment. By undertsting and applying Pax Small mutual fund market strength indicators, traders can identify Pax Small Cap entry and exit signals to maximize returns
Pax Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pax Small'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 | 0.1369 | |||
| Jensen Alpha | 0.0278 | |||
| Total Risk Alpha | 0.0088 | |||
| Sortino Ratio | 0.0606 | |||
| Treynor Ratio | 0.1424 |
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| Volume Indicators |
Other Information on Investing in Pax Mutual Fund
Pax Small 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 Small security.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |