Pax Global Environmental Fund Manager Performance Evaluation
| PXEAX Fund | USD 24.77 0.15 0.61% |
The fund holds a Beta of 0.83, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pax Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pax Global is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Pax Global Environmental are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Pax Global 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 | 1.1600 |
Pax |
Pax Global Relative Risk vs. Return Landscape
If you would invest 2,464 in Pax Global Environmental on August 28, 2024 and sell it today you would earn a total of 13.00 from holding Pax Global Environmental or generate 0.53% return on investment over 90 days. Pax Global Environmental is currently producing 0.0122% returns and takes up 0.9001% volatility of returns over 90 trading days. Put another way, 8% 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 Global Current Valuation
Fairly Valued
Today
Please note that Pax Global's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pax Global Environmental holds a recent Real Value of $24.75 per share. The prevailing price of the fund is $24.77. We determine the value of Pax Global Environmental 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 Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pax Mutual Fund. However, Pax Global'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 24.77 | Real 24.75 | Hype 24.77 |
The intrinsic value of Pax Global'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 Global'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 Global Environmental 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 Global more accurately as focusing exclusively on Pax Global's fundamentals will not take into account other important factors: Pax Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pax Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pax Global Environmental, and traders can use it to determine the average amount a Pax Global'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 = 0.0136
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PXEAX |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Pax Global is performing at about 1% 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 Global by adding it to a well-diversified portfolio.
Pax Global Fundamentals Growth
Pax Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pax Global, and Pax Global 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 | 19.93 X | ||||
| Price To Book | 2.57 X | ||||
| Price To Sales | 1.56 X | ||||
| Total Asset | 18.25 M | ||||
About Pax Global Performance
Evaluating Pax Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pax Global 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 Global 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 companies whose businesses and technologies focus on environmental markets, including alternative energy and energy management efficiency transportation solutions water infrastructure technologies environmental services resources resource efficiency waste management digital infrastructure and sustainable food agriculture.Things to note about Pax Global Environmental performance evaluation
Checking the ongoing alerts about Pax Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pax Global Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Pax Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pax Global's mutual fund performance include:- Analyzing Pax Global'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 Global's stock is overvalued or undervalued compared to its peers.
- Examining Pax Global'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 Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pax Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pax Global's mutual fund. These opinions can provide insight into Pax Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pax Mutual Fund
Pax Global 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 Global security.
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