Pax Balanced Fund Manager Performance Evaluation
| PAXIX Fund | USD 27.35 0.10 0.37% |
The fund holds a Beta of 0.48, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pax Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pax Balanced is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Pax Balanced Fund are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Pax Balanced is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.6700 |
Pax |
Pax Balanced Relative Risk vs. Return Landscape
If you would invest 2,716 in Pax Balanced Fund on August 26, 2024 and sell it today you would earn a total of 19.00 from holding Pax Balanced Fund or generate 0.7% return on investment over 90 days. Pax Balanced Fund is currently producing 0.0118% returns and takes up 0.4615% volatility of returns over 90 trading days. Put another way, 4% 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 Balanced Current Valuation
Fairly Valued
Today
Please note that Pax Balanced's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pax Balanced holds a recent Real Value of $27.33 per share. The prevailing price of the fund is $27.35. We determine the value of Pax Balanced 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 Balanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pax Mutual Fund. However, Pax Balanced'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 27.35 | Real 27.33 | Hype 27.35 | Naive 27.15 |
The intrinsic value of Pax Balanced'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 Balanced'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 Balanced Fund 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 Balanced more accurately as focusing exclusively on Pax Balanced's fundamentals will not take into account other important factors: Pax Balanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pax Balanced's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pax Balanced Fund, and traders can use it to determine the average amount a Pax Balanced's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0255
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PAXIX |
Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Pax Balanced is performing at about 2% 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 Balanced by adding it to a well-diversified portfolio.
Pax Balanced Fundamentals Growth
Pax Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pax Balanced, and Pax Balanced 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 Earning | 5.97 X | ||||
| Price To Book | 2.32 X | ||||
| Price To Sales | 1.96 X | ||||
| Total Asset | 907.81 M | ||||
About Pax Balanced Performance
Evaluating Pax Balanced's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pax Balanced 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 Balanced 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.
The adviser normally expects to invest approximately 50-75 percent of its assets in equity securities and 25-50 percent of its assets in debt securities . The funds multi-asset ESG strategy is designed to achieve lower volatility by combining complementary investment approaches.Things to note about Pax Balanced performance evaluation
Checking the ongoing alerts about Pax Balanced for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pax Balanced help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 7.36% of its assets in cash |
- Analyzing Pax Balanced'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 Balanced's stock is overvalued or undervalued compared to its peers.
- Examining Pax Balanced'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 Balanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pax Balanced's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pax Balanced's mutual fund. These opinions can provide insight into Pax Balanced's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pax Mutual Fund
Pax Balanced 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 Balanced security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |