Pax Small Cap Fund Technical Analysis

PXSIX Fund  USD 17.16  0.30  1.78%   
As of the 28th of March, Pax Small holds the Risk Adjusted Performance of 0.0583, semi deviation of 0.9076, and Coefficient Of Variation of 1026.89. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pax Small, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Pax Small Cap, which can be compared to its competitors. Please check Pax Small Cap standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Pax Small Cap is priced some-what accurately, providing market reflects its current price of 17.16 per share.

Pax Small Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Pax
  
Pax Small's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Pax Small 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.
A focus of Pax Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pax Small trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Pax Small Cap Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Pax Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pax Small Cap Trend Analysis

Use this graph to draw trend lines for Pax Small Cap. You can use it to identify possible trend reversals for Pax Small as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Pax Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Pax Small Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pax Small Cap applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Pax Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.87, which is the sum of squared deviations for the predicted Pax Small price change compared to its average price change.

About Pax Small Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Pax Small Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Pax Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Pax Small Cap price pattern first instead of the macroeconomic environment surrounding Pax Small Cap. By analyzing Pax Small's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Pax Small's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Pax Small specific price patterns or momentum indicators. Please read more on our technical analysis page.

Pax Small March 28, 2024 Technical Indicators

Most technical analysis of Pax 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pax Small Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Pax Mutual Fund analysis

When running Pax Small's price analysis, check to measure Pax Small's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pax Small is operating at the current time. Most of Pax Small's value examination focuses on studying past and present price action to predict the probability of Pax Small's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pax Small's price. Additionally, you may evaluate how the addition of Pax Small to your portfolios can decrease your overall portfolio volatility.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Commodity Directory
Find actively traded commodities issued by global exchanges
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Transaction History
View history of all your transactions and understand their impact on performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Please note, there is a significant difference between Pax Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pax Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pax Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.