Pax Global Financials
PGINX Fund | USD 24.97 0.03 0.12% |
Pax |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Pax Global Fund Summary
Pax Global competes with T Rowe, Msif Emerging, Delaware Small, Fidelity Otc, and Pax Small. 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.Specialization | World Large-Stock Blend, Large Growth |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US7042237757 |
Business Address | Pax World Funds |
Mutual Fund Family | Impax Asset Management |
Mutual Fund Category | World Large-Stock Blend |
Benchmark | Dow Jones Industrial |
Phone | 800 372 7827 |
Currency | USD - US Dollar |
Pax Global Key Financial Ratios
Pax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pax Global's current stock value. Our valuation model uses many indicators to compare Pax Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pax Global competition to find correlations between indicators driving Pax Global's intrinsic value. More Info.Pax Global Environmental 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Pax Global Environmental is roughly 7.75 . 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 Global's earnings, one of the primary drivers of an investment's value.Pax Global Environmental Systematic Risk
Pax Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pax Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Pax Global Environmental correlated with the market. If Beta is less than 0 Pax Global generally moves in the opposite direction as compared to the market. If Pax Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pax Global Environmental is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pax Global is generally in the same direction as the market. If Beta > 1 Pax Global moves generally in the same direction as, but more than the movement of the benchmark.
Pax Global November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pax Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pax Global Environmental. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pax Global Environmental based on widely used predictive technical indicators. In general, we focus on analyzing Pax Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pax Global's daily price indicators and compare them against related drivers.
Information Ratio | (0.14) | |||
Maximum Drawdown | 4.13 | |||
Value At Risk | (1.59) | |||
Potential Upside | 1.22 |
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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