Pax Balanced Financial Statements From 2010 to 2024
PAXWX Fund | USD 27.06 0.04 0.15% |
Check Pax Balanced financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pax Balanced's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pax financial statements analysis is a perfect complement when working with Pax Balanced Valuation or Volatility modules.
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Pax Balanced Fund Mutual Fund Price To Earning Analysis
Pax Balanced's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Pax Balanced Price To Earning | 5.84 X |
Most of Pax Balanced's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pax Balanced Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Pax Balanced Fund has a Price To Earning of 5.84 times. This is much higher than that of the Impax Asset Management family and significantly higher than that of the Allocation--50% to 70% Equity category. The price to earning for all United States funds is notably lower than that of the firm.
Pax Balanced Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pax Balanced's current stock value. Our valuation model uses many indicators to compare Pax Balanced value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pax Balanced competition to find correlations between indicators driving Pax Balanced's intrinsic value. More Info.Pax Balanced Fund is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.44 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Pax Balanced Fund is roughly 2.27 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pax Balanced's earnings, one of the primary drivers of an investment's value.About Pax Balanced Financial Statements
Pax Balanced investors use historical fundamental indicators, such as Pax Balanced's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Pax Balanced. Please read more on our technical analysis and fundamental analysis pages.
The adviser normally expects to invest approximately 50-75 percent of its assets in equity securities and 25-50 percent of its assets in debt securities . The funds multi-asset ESG strategy is designed to achieve lower volatility by combining complementary investment approaches.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
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