As of 18 of February Pax High holds Coefficient Of Variation of 306.23 and Risk Adjusted Performance of 0.4611. 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 6.87 per share.
|Horizon||30 Days Login to change|
Pax High Yield Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Pax High Yield Trend AnalysisUse this graph to draw trend lines for Pax High Yield Bond R. 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 LineThe following chart estimates an ordinary least squares regression model for Pax High Yield Bond R applied against its price change over selected period. The best fit line has a slop of 0.002933 % which means Pax High Yield Bond R will continue generating value for investors. It has 78 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Pax High price change compared to its average price change.
Check portfolio volatility and analyze historical return density to properly model market risk
|All Next||Launch Portfolio Volatility|
|Risk Adjusted Performance||0.4611|
|Market Risk Adjusted Performance||(1.28)|
|Coefficient Of Variation||306.23|
|Total Risk Alpha||0.0282|
|Value At Risk||(0.15)|
Additionally take a look at Your Equity Center. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.