Pax Global Environmental Fund Manager Performance Evaluation
| PXEAX Fund | USD 22.83 0.04 0.17% |
The fund holds a Beta of 0.0016, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pax Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pax Global is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Pax Global Environmental are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Pax Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 1.1600 |
Pax |
Pax Global Relative Risk vs. Return Landscape
If you would invest 2,228 in Pax Global Environmental on February 2, 2024 and sell it today you would earn a total of 55.00 from holding Pax Global Environmental or generate 2.47% return on investment over 90 days. Pax Global Environmental is currently producing 0.0423% returns and takes up 0.7777% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Pax, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Pax Global Current Valuation
Fairly Valued
Today
Please note that Pax Global's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pax Global Environmental holds a recent Real Value of $22.43 per share. The prevailing price of the fund is $22.83. We determine the value of Pax Global Environmental from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Pax Global Environmental is useful when determining the fair value of the Pax mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Pax Global. Since Pax Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pax Mutual Fund. However, Pax Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 22.83 | Real 22.43 | Hype 22.83 | Naive 23.32 |
The real value of Pax Mutual Fund, also known as its intrinsic value, is the underlying worth of Pax Global Environmental Mutual Fund, which is reflected in its stock price. It is based on Pax Global's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Pax Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Pax Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Pax Global Environmental helps investors to forecast how Pax mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Pax Global more accurately as focusing exclusively on Pax Global's fundamentals will not take into account other important factors: Pax Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pax Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pax Global Environmental, and traders can use it to determine the average amount a Pax Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0544
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PXEAX |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Pax Global is performing at about 4% 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 Global by adding it to a well-diversified portfolio.
Pax Global Fundamentals Growth
Pax Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pax Global, and Pax Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pax Mutual Fund performance.
| Price To Earning | 19.93 X | |||
| Price To Book | 2.57 X | |||
| Price To Sales | 1.56 X | |||
| Total Asset | 18.25 M | |||
About Pax Global Performance
To evaluate Pax Global Environmental Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Pax Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Pax Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Pax Global Environmental market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Pax's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Under normal market conditions, the fund invests at least 80 percent of its net assets in companies whose businesses and technologies focus on environmental markets, including alternative energy and energy management efficiency transportation solutions water infrastructure technologies environmental services resources resource efficiency waste management digital infrastructure and sustainable food agriculture.Things to note about Pax Global Environmental performance evaluation
Checking the ongoing alerts about Pax Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pax Global Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Pax Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pax Global's mutual fund performance include:- Analyzing Pax Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pax Global's stock is overvalued or undervalued compared to its peers.
- Examining Pax Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Pax Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pax Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pax Global's mutual fund. These opinions can provide insight into Pax Global's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pax Global Environmental. 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 nation. Note that the Pax Global Environmental information on this page should be used as a complementary analysis to other Pax Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.