Coherus BioSciences Inc Q3 2024 Everything You Need to Know Ahead of Earnings
| PXSCX Fund | USD 16.19 0.20 1.22% |
Slightly above 62% of Pax Small's investor base is looking to short. The analysis of overall sentiment of trading Pax Small Cap mutual fund suggests that many investors are alarmed at this time. Pax Small's investing sentiment can be driven by a variety of factors including economic data, Pax Small's earnings reports, geopolitical events, and overall market trends.
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Coherus BioSciences Inc is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is 59.23 million, and the earnings are expected to come in at -0.28 per share. The full year 2024s revenue is expected to be 261.52 million and the earnings are expected to be -0.11 per share.
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Pax Small Fundamental Analysis
We analyze Pax Small's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pax Small using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pax Small based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Pax Small is currently under evaluation in price to sales among similar funds. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Pax Small Cap Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pax Small mutual fund to make a market-neutral strategy. Peer analysis of Pax Small could also be used in its relative valuation, which is a method of valuing Pax Small by comparing valuation metrics with similar companies.
Peers
Pax Small Related Equities
| PAXHX | Pax High | 0.16 |
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| PXWGX | Pax Esg | 0.48 |
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| PXWEX | Pax Ellevate | 0.65 |
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| PGRNX | Pax Global | 1.17 |
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| PXINX | Pax Msci | 1.39 |
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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.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |