Pax High Yield Fund Market Value
| PXHIX Fund | USD 6.16 0.01 0.16% |
| Symbol | Pax |
Pax High 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pax High's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pax High.
| 11/18/2025 |
| 02/16/2026 |
If you would invest 0.00 in Pax High on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Pax High Yield or generate 0.0% return on investment in Pax High over 90 days. Pax High is related to or competes with Pax Global, Pax Core, Pax Esg, and Pax Large. 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. More
Pax High Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pax High's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pax High Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1876 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 0.8256 | |||
| Value At Risk | (0.16) | |||
| Potential Upside | 0.3257 |
Pax High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pax High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pax High's standard deviation. In reality, there are many statistical measures that can use Pax High historical prices to predict the future Pax High's volatility.| Risk Adjusted Performance | 0.1033 | |||
| Jensen Alpha | 0.014 | |||
| Total Risk Alpha | 0.0071 | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.2016 |
Pax High February 16, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1033 | |||
| Market Risk Adjusted Performance | 0.2116 | |||
| Mean Deviation | 0.118 | |||
| Downside Deviation | 0.1876 | |||
| Coefficient Of Variation | 576.41 | |||
| Standard Deviation | 0.1727 | |||
| Variance | 0.0298 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | 0.014 | |||
| Total Risk Alpha | 0.0071 | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.2016 | |||
| Maximum Drawdown | 0.8256 | |||
| Value At Risk | (0.16) | |||
| Potential Upside | 0.3257 | |||
| Downside Variance | 0.0352 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.25) | |||
| Skewness | 1.43 | |||
| Kurtosis | 3.98 |
Pax High Yield Backtested Returns
At this stage we consider Pax Mutual Fund to be very steady. Pax High Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the entity had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Pax High Yield, which you can use to evaluate the volatility of the fund. Please check Pax High's Standard Deviation of 0.1727, risk adjusted performance of 0.1033, and Downside Deviation of 0.1876 to confirm if the risk estimate we provide is consistent with the expected return of 0.0433%. The fund holds a Beta of 0.099, 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.
Auto-correlation | 0.52 |
Modest predictability
Pax High Yield has modest predictability. Overlapping area represents the amount of predictability between Pax High time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pax High Yield price movement. The serial correlation of 0.52 indicates that about 52.0% of current Pax High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |