Pax High Valuation
| PAXHX Fund | USD 6.07 0.01 0.17% |
At this time, the fund appears to be overvalued. Pax High Yield holds a recent Real Value of $5.58 per share. The prevailing price of the fund is $6.07. We determine the value of Pax High Yield 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.
Overvalued
Today
Please note that Pax High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Pax High Yield holds a recent Real Value of $5.58 per share. The prevailing price of the fund is $6.07. We determine the value of Pax High Yield 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 High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pax Mutual Fund. However, Pax High'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 6.07 | Real 5.58 | Hype 6.07 | Naive 6.05 |
The intrinsic value of Pax High'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 High'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 High Yield 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 High more accurately as focusing exclusively on Pax High's fundamentals will not take into account other important factors: Pax High Total Value Analysis
Pax High Yield is at this time forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Pax High fundamentals before making investing decisions based on enterprise value of the companyPax High Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Pax suggests not a very effective usage of assets in November.About Pax High Valuation
Our relative valuation model uses a comparative analysis of Pax High. We calculate exposure to Pax High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Pax High's related companies.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.
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.
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