Pax High Yield Fund Analysis
| PXHIX Fund | USD 6.16 0.01 0.16% |
Pax High's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Pax High's financial risk is the risk to Pax High stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Pax High's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Pax High is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Pax High to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Pax High is said to be less leveraged. If creditors hold a majority of Pax High's assets, the Mutual Fund is said to be highly leveraged.
Pax High Yield is overvalued with Real Value of 5.65 and Hype Value of 6.16. The main objective of Pax High fund analysis is to determine its intrinsic value, which is an estimate of what Pax High Yield is worth, separate from its market price. There are two main types of Pax Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Pax High Yield. On the other hand, technical analysis, focuses on the price and volume data of Pax Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Pax High mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Pax |
Pax Mutual Fund Analysis Notes
The fund maintains about 96.83% of assets in bonds. Pax High Yield last dividend was 0.02 per share. Large To find out more about Pax High Yield contact the company at 800-372-7827.Pax High Yield Investment Alerts
| Latest headline from news.google.com: Is Elon Musk Giving Index Funds FOMO - The Wall Street Journal | |
| The fund maintains about 96.83% of its assets in bonds |
Institutional Mutual Fund Holders for Pax High
Have you ever been surprised when a price of an equity instrument such as Pax High is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pax High Yield backward and forwards among themselves. Pax High's institutional investor refers to the entity that pools money to purchase Pax High's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| PAXIX | Pax Balanced Fund | Mutual Fund | Allocation--50% to 70% Equity | |
| PAXWX | Pax Balanced Fund | Mutual Fund | Allocation--50% to 70% Equity |
Pax High Outstanding Bonds
Pax High issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Pax High Yield uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Pax bonds can be classified according to their maturity, which is the date when Pax High Yield has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pax High Predictive Daily Indicators
Pax High intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Pax High mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6.16 | |||
| Day Typical Price | 6.16 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 66.73 |
Pax High Forecast Models
Pax High's time-series forecasting models are one of many Pax High's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Pax High's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Pax High Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Pax High's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Pax High, which in turn will lower the firm's financial flexibility.Pax High Corporate Bonds Issued
About Pax Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Pax High prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Pax shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Pax High. By using and applying Pax Mutual Fund analysis, traders can create a robust methodology for identifying Pax entry and exit points for their positions.
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.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Pax High to your portfolios without increasing risk or reducing expected return.Did you try this?
Run FinTech Suite Now
FinTech SuiteUse AI to screen and filter profitable investment opportunities |
| All Next | Launch Module |
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.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |