Pax E Financials
| PXBIX Fund | USD 8.53 0.03 0.35% |
Pax |
Please note that past performance is not an indicator of the future performance of Pax E, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Pax E Fund Summary
Pax E competes with Vanguard Total, Vanguard Total, Vanguard Total, Bond Fund, and Bond Fund. Under normal market conditions, the fund invests at least 80 percent of its net assets in bonds, which include debt obligations such as mortgage-related securities, securities issued by the United States government or its agencies and instrumentalities, municipal bonds, corporate bonds and high-impact bonds across the spectrum of issuers, each of which is, at the time of purchase, rated at least investment grade or unrated and determined by the adviser to be of comparable quality. It also may have a small allocation of high yield bonds.Specialization | Intermediate Core Bond, Intermediate Core Bond |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7042234606 |
| Business Address | Pax World Funds |
| Mutual Fund Family | Impax Asset Management |
| Mutual Fund Category | Intermediate Core Bond |
| Benchmark | NYSE Composite |
| Phone | 800 372 7827 |
| Currency | USD - US Dollar |
You should never invest in Pax E Bond without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Pax Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Pax E's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Pax E Key Financial Ratios
Generally speaking, Pax E's financial ratios allow both analysts and investors to convert raw data from Pax E's financial statements into concise, actionable information that can be used to evaluate the performance of Pax E over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pax E Bond reports annually and quarterly.Pax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pax E's current stock value. Our valuation model uses many indicators to compare Pax E value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pax E competition to find correlations between indicators driving Pax E's intrinsic value. More Info.Pax E Bond is rated below average in annual yield among similar funds. It is regarded second largest fund in year to date return among similar funds creating about 2,958 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Pax E by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pax E's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pax E's earnings, one of the primary drivers of an investment's value.Pax E Bond Systematic Risk
Pax E's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pax E volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Pax E Bond correlated with the market. If Beta is less than 0 Pax E generally moves in the opposite direction as compared to the market. If Pax E Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pax E Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pax E is generally in the same direction as the market. If Beta > 1 Pax E moves generally in the same direction as, but more than the movement of the benchmark.
Pax E April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pax E help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pax E Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pax E Bond 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 E's daily price indicators and compare them against related drivers.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.84 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.464 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pax E Bond. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.