Pax Balanced Fund Alpha and Beta Analysis
| PAXWX Fund | USD 26.95 0.23 0.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pax Balanced Fund. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pax Balanced over a specified time horizon. Remember, high Pax Balanced's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Pax Balanced's market risk premium analysis include:
Beta 0.47 | Alpha (0.04) | Risk 0.47 | Sharpe Ratio 0.0618 | Expected Return 0.0292 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Pax |
Pax Balanced Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pax Balanced market risk premium is the additional return an investor will receive from holding Pax Balanced long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pax Balanced. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Pax Balanced's performance over market.| α | -0.05 | β | 0.47 |
Pax Balanced expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Pax Balanced's Buy-and-hold return. Our buy-and-hold chart shows how Pax Balanced performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Pax Balanced Market Price Analysis
Market price analysis indicators help investors to evaluate how Pax Balanced mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pax Balanced shares will generate the highest return on investment. By understating and applying Pax Balanced mutual fund market price indicators, traders can identify Pax Balanced position entry and exit signals to maximize returns.
Pax Balanced Return and Market Media
The median price of Pax Balanced for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 26.75 with a coefficient of variation of 0.89. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 26.72, and mean deviation of 0.2. The Fund did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Pax Balanced Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Pax or other funds. Alpha measures the amount that position in Pax Balanced has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pax Balanced in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pax Balanced's short interest history, or implied volatility extrapolated from Pax Balanced options trading.
Build Portfolio with Pax Balanced
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |