Pax High Technical Analysis Overview

PXHIX -- USA Fund  

USD 6.61  0.01  0.15%

Pax High Yield Bond Institutional holds Coefficient Of Variation of 410.39 and Risk Adjusted Performance of 0.0597. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Pax High as well as the relationship between them. In other words 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 found nineteen technical drivers for Pax High Yield which can be compared to its competitors. Please check Pax High Yield Standard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if Pax High Yield is priced some-what accurately providing market reflects its current price of 6.61 per share.
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Pax High Yield Technical Analysis

Time Period
  Portfolio Optimization    
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The output start index for this execution was twelve with a total number of output elements of five. 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 High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Pax High Yield Trend Analysis

Use this graph to draw trend lines for Pax High Yield Bond Institutional. You can use it to identify possible trend reversals for Pax High 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 High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Pax High Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pax High Yield Bond Institutional applied against its price change over selected period. The best fit line has a slop of 0.001054 % which means Pax High Yield Bond Institutional will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Pax High price change compared to its average price change.

Current Sentiment - PXHIX

Pax High Yield Investor Sentiment

Most of Macroaxis users are at this time bullish on Pax High Yield Bond Institutional. What is your perspective on investing in Pax High Yield Bond Institutional? Are you bullish or bearish?
98% Bullish
2% Bearish

Pax High Yield One Year Return

Based on recorded statements Pax High Yield Bond Institutional has One Year Return of 2.77%. This is 828.95% lower than that of the Pax World family, and 6.5% lower than that of High Yield Bond category, The One Year Return for all funds is 20.43% lower than the firm.
  Year Return 
      Pax High Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Pax High Market Strength

Pax High September 20, 2018 Daily Price Condition

Additionally take a look at Your Equity Center. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.