Pax Small Cap Fund Statistic Functions Beta

PXSCX Fund  USD 19.59  0.06  0.31%   
Pax Small statistic functions tool provides the execution environment for running the Beta function and other technical functions against Pax Small. Pax Small value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Pax Small statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Pax Small Cap correlated with the market. If Beta is less than 0 Pax Small generally moves in the opposite direction as compared to the market. If Pax Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pax Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pax Small is generally in the same direction as the market. If Beta > 1 Pax Small moves generally in the same direction as, but more than the movement of the benchmark.

Pax Small Technical Analysis Modules

Most technical analysis of Pax Small help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pax from various momentum indicators to cycle indicators. When you analyze Pax charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Pax Small Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pax Small Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pax Small Cap 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 Small's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Pax Small's intrinsic value. In addition to deriving basic predictive indicators for Pax Small, we also check how macroeconomic factors affect Pax Small price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pax Small's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
18.5619.5920.62
Details
Intrinsic
Valuation
LowRealHigh
19.5520.5821.61
Details
Naive
Forecast
LowNextHigh
18.8719.8920.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.1918.8319.47
Details

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Other Information on Investing in Pax Mutual Fund

Pax Small 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 Small security.
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