Pax Large Cap Fund Price on December 10, 2024
| PXLIX Fund | USD 15.52 0.05 0.32% |
Below is the normalized historical share price chart for Pax Large Cap extending back to December 16, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pax Large stands at 15.52, as last reported on the 15th of December 2024, with the highest price reaching 15.52 and the lowest price hitting 15.52 during the day.
If you're considering investing in Pax Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Pax Mutual Fund to be very steady. Pax Large Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.0546, which implies the entity had a 0.0546% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pax Large Cap, which you can use to evaluate the volatility of the fund. Please check Pax Large's Semi Deviation of 0.609, risk adjusted performance of 0.0631, and Coefficient Of Variation of 1145.23 to confirm if the risk estimate we provide is consistent with the expected return of 0.0386%.
Pax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pax |
Sharpe Ratio = 0.0546
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PXLIX |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Pax Large is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pax Large by adding it to a well-diversified portfolio.
Pax Large Valuation on December 10, 2024
It is possible to determine the worth of Pax Large on a given historical date. On December 10, 2024 Pax was worth 15.56 at the beginning of the trading date compared to the closed value of 15.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pax Large mutual fund. Still, in general, we apply an absolute valuation method to find Pax Large's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pax Large where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pax Large's related companies.
| Open | High | Low | Close | Volume | |
| 15.65 | 15.65 | 15.65 | 15.65 | 1.00 | |
12/10/2024 | 15.56 | 15.56 | 15.56 | 15.56 | 1.00 |
| 15.66 | 15.66 | 15.66 | 15.66 | 1.00 |
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Pax Large Trading Date Momentum on December 10, 2024
| On December 11 2024 Pax Large Cap was traded for 15.66 at the closing time. The highest daily price throughout the period was 15.66 and the lowest price was 15.66 . There was no trading activity during the period 1.0. Lack of trading volume on 12/11/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.64% . The trading delta at closing time to current closing price is 0.26% . |
Pax Large Cap Fundamentals Correlations and Trends
By evaluating Pax Large's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pax Large's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pax Large Mutual Fund history
Pax Large investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pax Large Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pax Large stock prices may prove useful in developing a viable investing in Pax Large
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that, when purchased, have capitalizations within the range of Standard Poors 500 Index as measured by market capitalization. It may invest up to 45 percent of its assets in securities of non-U.S. issuers, including American Depositary Receipts . The fund may invest no more than 25 percent of its assets in securities of non-U.S. issuers other than ADRs.
Pax Large Mutual Fund Technical Analysis
Pax Large technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Pax Large Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Pax Large Cap cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pax Large December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Pax Large 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 Large shares will generate the highest return on investment. By undertsting and applying Pax Large mutual fund market strength indicators, traders can identify Pax Large Cap entry and exit signals to maximize returns
Pax Large Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pax Large's price direction in advance. Along with the technical and fundamental analysis of Pax Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pax to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0631 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0679 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Pax Mutual Fund
Pax Large 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 Large security.
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