Pax E Bond Fund Manager Performance Evaluation
| PXBIX Fund | USD 8.81 0.07 0.80% |
The fund holds a Beta of 0.0562, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pax Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pax Core is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Pax E Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Pax Core is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Bowers Wilkins Launches Px7 S2e Ruby Red and Px8 Dark Forest - HYPEBEAST | 09/18/2024 |
| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.4700 |
Pax |
Pax Core Relative Risk vs. Return Landscape
If you would invest 889.00 in Pax E Bond on August 29, 2024 and sell it today you would lose (8.00) from holding Pax E Bond or give up 0.9% of portfolio value over 90 days. Pax E Bond is currently producing negative expected returns and takes up 0.2991% volatility of returns over 90 trading days. Put another way, 2% 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 Core Current Valuation
Overvalued
Today
Please note that Pax Core's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Pax E Bond holds a recent Real Value of $8.48 per share. The prevailing price of the fund is $8.81. We determine the value of Pax E Bond 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 Core is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pax Mutual Fund. However, Pax Core'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 8.81 | Real 8.48 | Hype 8.81 | Naive 8.79 |
The intrinsic value of Pax Core'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 Core'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 E Bond 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 Core more accurately as focusing exclusively on Pax Core's fundamentals will not take into account other important factors: Pax Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pax Core's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pax E Bond, and traders can use it to determine the average amount a Pax Core'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 = -0.0465
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PXBIX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pax Core is not performing at its full potential. However, 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 Core by adding Pax Core to a well-diversified portfolio.
Pax Core Fundamentals Growth
Pax Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pax Core, and Pax Core 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.
| Total Asset | 844.12 M | ||||
About Pax Core Performance
Evaluating Pax Core's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pax Core 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 Core 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 net assets in bonds, which include debt obligations such as mortgage-related securities, securities issued by the United States government or its agencies and instrumentalities, municipal bonds, corporate bonds and high-impact bonds across the spectrum of issuers, each of which is, at the time of purchase, rated at least investment grade or unrated and determined by the adviser to be of comparable quality. It also may have a small allocation of high yield bonds.Things to note about Pax E Bond performance evaluation
Checking the ongoing alerts about Pax Core for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pax E Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pax E Bond generated a negative expected return over the last 90 days | |
| Pax E Bond generated five year return of 0.0% | |
| This fund maintains about 94.64% of its assets in bonds |
- Analyzing Pax Core'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 Core's stock is overvalued or undervalued compared to its peers.
- Examining Pax Core'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 Core's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pax Core's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pax Core's mutual fund. These opinions can provide insight into Pax Core's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pax Mutual Fund
Pax Core 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 Core security.
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