Pax High Manager Performance Evaluation

PXHIX -- USA Fund  

USD 6.51  0.00  0.00%

The fund holds Beta of -0.1397 which implies as returns on market increase, returns on owning Pax High are expected to decrease at a much smaller rate. During bear market, Pax High is likely to outperform the market. Although it is extremely important to respect Pax High Yield current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Pax High Yield technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.

Risk-Adjusted Fund Performance

Over the last 30 days Pax High Yield Bond Institutional has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, Pax High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Fifty Two Week Low6.19
Fifty Two Week High6.67
Annual Report Expense Ratio0.74%
Horizon     30 Days    Login   to change

Pax High Yield Relative Risk vs. Return Landscape

If you would invest  651.00  in Pax High Yield Bond Institutional on June 20, 2019 and sell it today you would earn a total of  0.00  from holding Pax High Yield Bond Institutional or generate 0.0% return on investment over 30 days. Pax High Yield Bond Institutional is currently producing negative expected returns and takes up 0.0% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 

Pax High Current Valuation

July 20, 2019
Market Value
Real Value
Pax High is very steady asset. Pax High Yield holds recent Real Value of $6.19 per share. The prevailing price of the fund is $6.51. At this time the fund appears to be overvalued. We determine the value of Pax High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.

Pax High Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
Based on monthly moving average Pax High is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pax High by adding it to a well-diversified portfolio.

Pax High Alerts

Equity Alerts and Improvement Suggestions

Pax High Yield is not yet fully synchronised with the market data
The fund maintains about 95.85% of its assets in bonds
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