Pax Ellevate Global Fund Technical Analysis
| PXWIX Fund | USD 31.66 0.01 0.03% |
As of the 19th of April, Pax Ellevate holds the Risk Adjusted Performance of 0.011, semi deviation of 0.6649, and Coefficient Of Variation of 5620.45. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pax Ellevate, 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 Ellevate Global, which can be compared to its competitors. Please check Pax Ellevate Global standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Pax Ellevate Global is priced some-what accurately, providing market reflects its current price of 31.66 per share.
Pax Ellevate 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 PaxPax |
Pax Ellevate 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.
Pax Ellevate Global Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Ellevate Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pax Ellevate Global Trend Analysis
Use this graph to draw trend lines for Pax Ellevate Global. You can use it to identify possible trend reversals for Pax Ellevate 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 Ellevate price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pax Ellevate Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pax Ellevate Global applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Pax Ellevate Global will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.36, which is the sum of squared deviations for the predicted Pax Ellevate price change compared to its average price change.About Pax Ellevate 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 Ellevate Global 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 Ellevate Global based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Pax Ellevate Global price pattern first instead of the macroeconomic environment surrounding Pax Ellevate Global. By analyzing Pax Ellevate'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 Ellevate'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 Ellevate specific price patterns or momentum indicators. Please read more on our technical analysis page.
Pax Ellevate April 19, 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.011 | |||
| Market Risk Adjusted Performance | 0.0111 | |||
| Mean Deviation | 0.4667 | |||
| Semi Deviation | 0.6649 | |||
| Downside Deviation | 0.7353 | |||
| Coefficient Of Variation | 5620.45 | |||
| Standard Deviation | 0.6189 | |||
| Variance | 0.383 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0011 | |||
| Maximum Drawdown | 2.82 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 0.9053 | |||
| Downside Variance | 0.5407 | |||
| Semi Variance | 0.4421 | |||
| Expected Short fall | (0.46) | |||
| Skewness | (0.58) | |||
| Kurtosis | 0.3578 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pax Ellevate Global. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.