|PXHRX -- USA Fund|| |
USD 6.87 0.00 0.00%
The fund holds Beta of -0.0154 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.