Pax High Yield Fund Manager Performance Evaluation
| PXHIX Fund | USD 6.16 0.01 0.16% |
The fund holds a Beta of 0.0055, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pax High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pax High is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Pax High Yield are ranked lower than 19 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Pax High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Cathie Woods ARK Funds Buy the AMD Stock Drop - Barrons | 02/05/2026 |
2 | Is Elon Musk Giving Index Funds FOMO - The Wall Street Journal | 02/06/2026 |
Pax |
Pax High Relative Risk vs. Return Landscape
If you would invest 601.00 in Pax High Yield on November 21, 2025 and sell it today you would earn a total of 15.00 from holding Pax High Yield or generate 2.5% return on investment over 90 days. Pax High Yield is currently producing 0.0419% returns and takes up 0.1713% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Pax, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Pax High Current Valuation
Overvalued
Today
Please note that Pax High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Pax High Yield holds a recent Real Value of $5.9 per share. The prevailing price of the fund is $6.16. We determine the value of Pax High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Pax High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pax Mutual Fund. However, Pax High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.16 | Real 5.9 | Hype 6.16 | Naive 6.18 |
The intrinsic value of Pax High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Pax High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Pax High Yield helps investors to forecast how Pax mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Pax High more accurately as focusing exclusively on Pax High's fundamentals will not take into account other important factors: Pax High Target Price Odds to finish over Current Price
The tendency of Pax Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 6.16 | 90 days | 6.16 | about 16.44 |
Based on a normal probability distribution, the odds of Pax High to move above the current price in 90 days from now is about 16.44 (This Pax High Yield probability density function shows the probability of Pax Mutual Fund to fall within a particular range of prices over 90 days) .
Pax High Price Density |
| Price |
Predictive Modules for Pax High
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pax High Yield. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Pax High Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pax High is not an exception. The market had few large corrections towards the Pax High's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pax High Yield, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pax High within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.1 |
Pax High Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pax High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pax High Yield can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Is Elon Musk Giving Index Funds FOMO - The Wall Street Journal | |
| The fund maintains about 96.83% of its assets in bonds |
Pax High Fundamentals Growth
Pax Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pax High, and Pax High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pax Mutual Fund performance.
| Price To Book | 0.99 X | ||||
| Price To Sales | 0.37 X | ||||
| Total Asset | 726.84 M | ||||
About Pax High Performance
Evaluating Pax High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pax High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pax High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund invests at least 80 percent of its assets in high-yield, fixed income securities that are rated below BBB-by Standard Poors Ratings Group or below Baa3 by Moodys Investors Service, similarly rated by another major rating service, or unrated and determined by the funds investment adviser to be of comparable quality.Things to note about Pax High Yield performance evaluation
Checking the ongoing alerts about Pax High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pax High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Is Elon Musk Giving Index Funds FOMO - The Wall Street Journal | |
| The fund maintains about 96.83% of its assets in bonds |
- Analyzing Pax High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pax High's stock is overvalued or undervalued compared to its peers.
- Examining Pax High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Pax High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pax High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pax High's mutual fund. These opinions can provide insight into Pax High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pax Mutual Fund
Pax High 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 High security.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |