Ciena Corp Shares Down 3.63 percent on Nov 16
| PXSCX Fund | USD 19.28 0.35 1.85% |
Slightly above 56% of all Pax Small's investors are looking to take a long position. The analysis of overall sentiment of trading Pax Small Cap mutual fund suggests that some investors are interested 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.
Pax |
Shares of Ciena Corp fell 3.63 percent in mid-day trading on Nov 16. The stock reached an intraday low of 66.97, before recovering slightly to 67.22, down
Read at gurufocus.com
 |
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.
Total Asset
Total Asset Comparative Analysis
Pax Small is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
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
| PGRNX | Pax Global | 0.94 | ||||
| PXWEX | Pax Ellevate | 0.81 | ||||
| PXWGX | Pax Esg | 0.62 | ||||
| PXINX | Pax Msci | 0.28 | ||||
| PAXHX | Pax High | 0.17 |
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.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |