Pax Ellevate Global Fund Buy Hold or Sell Recommendation
| PXWIX Fund | USD 31.66 0.01 0.03% |
Assuming the 90 days horizon and your below-average risk tolerance, our recommendation regarding Pax Ellevate Global is 'Cautious Hold'. Macroaxis provides Pax Ellevate buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PXWIX positions. The advice algorithm takes into account all of Pax Ellevate's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Pax Ellevate's buy or sell advice are summarized below:
Real Value 31.89 | Hype Value 31.66 | Market Value 31.66 | Naive Value 31.23 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Pax Ellevate Global given historical horizon and risk tolerance towards Pax Ellevate. When Macroaxis issues a 'buy' or 'sell' recommendation for Pax Ellevate Global, the advice is generated through an automated system that utilizes algorithms and statistical models.
Pax |
Execute Pax Ellevate Buy or Sell Advice
The Pax recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Pax Ellevate Global. Macroaxis does not own or have any residual interests in Pax Ellevate Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Pax Ellevate's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details |
Pax Ellevate Trading Alerts and Improvement Suggestions
| Pax Ellevate Global generated a negative expected return over the last 90 days | |
| The fund maintains 98.71% of its assets in stocks |
Pax Ellevate Returns Distribution Density
The distribution of Pax Ellevate's historical returns is an attempt to chart the uncertainty of Pax Ellevate's future price movements. The chart of the probability distribution of Pax Ellevate daily returns describes the distribution of returns around its average expected value. We use Pax Ellevate Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Pax Ellevate returns is essential to provide solid investment advice for Pax Ellevate.
| Mean Return | 0.01 | Value At Risk | -1.09 | Potential Upside | 0.91 | Standard Deviation | 0.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Pax Ellevate historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Pax Ellevate Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Pax Ellevate or Impax Asset Management sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Pax Ellevate's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Pax fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 0.94 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.09 |
Pax Ellevate Volatility Alert
Pax Ellevate Global exhibits relatively low volatility with skewness of -0.58 and kurtosis of 0.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Pax Ellevate's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Pax Ellevate's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Pax Ellevate Fundamentals Vs Peers
Comparing Pax Ellevate's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Pax Ellevate's direct or indirect competition across all of the common fundamentals between Pax Ellevate and the related equities. This way, we can detect undervalued stocks with similar characteristics as Pax Ellevate or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Pax Ellevate's fundamental indicators could also be used in its relative valuation, which is a method of valuing Pax Ellevate by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Pax Ellevate to competition |
| Fundamentals | Pax Ellevate | Peer Average |
| Price To Earning | 16.86 X | 6.53 X |
| Price To Book | 2.11 X | 0.74 X |
| Price To Sales | 1.54 X | 0.61 X |
| Annual Yield | 0.02 % | 0.29 % |
| Year To Date Return | 3.01 % | 0.39 % |
| One Year Return | 8.50 % | 4.15 % |
| Three Year Return | 0.44 % | 3.60 % |
| Five Year Return | 6.65 % | 3.24 % |
| Ten Year Return | 8.80 % | 1.79 % |
| Net Asset | 816.64 M | 4.11 B |
| Minimum Initial Investment | 250 K | 976.16 K |
| Last Dividend Paid | 0.27 | 0.65 |
| Cash Position Weight | 1.29 % | 10.61 % |
| Equity Positions Weight | 98.71 % | 63.90 % |
Pax Ellevate Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Pax . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 31.66 | |||
| Day Typical Price | 31.66 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 47.48 |
About Pax Ellevate Buy or Sell Advice
When is the right time to buy or sell Pax Ellevate Global? Buying financial instruments such as Pax Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Pax Ellevate in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Pax Ellevate Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.