Impax Ellevate Global Womens Leadership Fund Q3 2024 Commentary - Seeking Alpha
PXWEX Fund | USD 32.71 0.23 0.70% |
Slightly above 62% of Pax Ellevate's investor base is looking to short. The analysis of overall sentiment of trading Pax Ellevate Global mutual fund suggests that many investors are alarmed at this time. Pax Ellevate's investing sentiment can be driven by a variety of factors including economic data, Pax Ellevate's earnings reports, geopolitical events, and overall market trends.
Pax |
Impax Ellevate Global Womens Leadership Fund Q3 2024 Commentary Seeking Alpha
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Pax Ellevate Fundamental Analysis
We analyze Pax Ellevate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pax Ellevate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pax Ellevate based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Pax Ellevate is currently under evaluation in net asset among similar funds. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Pax Ellevate Global Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pax Ellevate mutual fund to make a market-neutral strategy. Peer analysis of Pax Ellevate could also be used in its relative valuation, which is a method of valuing Pax Ellevate by comparing valuation metrics with similar companies.
Peers
Pax Ellevate Related Equities
PXWGX | Pax Esg | 0.80 | ||||
PGRNX | Pax Global | 0.57 | ||||
PXSCX | Pax Small | 0.57 | ||||
PAXWX | Pax Balanced | 0.42 | ||||
PAXHX | Pax High | 0.17 |
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.
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