Pax Ellevate Financials
| PXWEX Fund | USD 35.54 0.14 0.40% |
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 Ellevate Fund Summary
Pax Ellevate competes with Pax Global, Pax Small, Pax Esg, Pax Balanced, and Pax High. The fund seeks to construct a universe of companies around the world that advance and empower women through gender diversity on boards and in senior management, and that promote gender equity in the workplace through policies and practices focused on advancing gender diversity, inclusion and equity. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that the Adviser has determined are global womens leaders.Specialization | World Large-Stock Blend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| 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 Ellevate Key Financial Ratios
Pax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pax Ellevate's current stock value. Our valuation model uses many indicators to compare Pax Ellevate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pax Ellevate competition to find correlations between indicators driving Pax Ellevate's intrinsic value. More Info.Pax Ellevate Global 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 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Pax Ellevate Global is roughly 8.00 . 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 Ellevate's earnings, one of the primary drivers of an investment's value.Pax Ellevate Global Systematic Risk
Pax Ellevate's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pax Ellevate 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Pax Ellevate Global correlated with the market. If Beta is less than 0 Pax Ellevate generally moves in the opposite direction as compared to the market. If Pax Ellevate Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pax Ellevate Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pax Ellevate is generally in the same direction as the market. If Beta > 1 Pax Ellevate moves generally in the same direction as, but more than the movement of the benchmark.
Pax Ellevate December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pax Ellevate help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pax Ellevate Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pax Ellevate Global 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 Ellevate's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7549 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.44 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.14 |
Other Information on Investing in Pax Mutual Fund
Pax Ellevate 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 Ellevate security.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |