Pax Global Environmental Fund Probability of Future Mutual Fund Price Finishing Over 24.93

PXEAX Fund  USD 24.84  0.01  0.04%   
Pax Global's future price is the expected price of Pax Global instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Pax Global Environmental performance during a given time horizon utilizing its historical volatility. Check out Pax Global Backtesting, Portfolio Optimization, Pax Global Correlation, Pax Global Hype Analysis, Pax Global Volatility, Pax Global History as well as Pax Global Performance.
  
Please specify Pax Global's target price for which you would like Pax Global odds to be computed.

Pax Global Target Price Odds to finish over 24.93

The tendency of Pax Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 24.93  or more in 90 days
 24.84 90 days 24.93 
about 37.26
Based on a normal probability distribution, the odds of Pax Global to move over $ 24.93  or more in 90 days from now is about 37.26 (This Pax Global Environmental probability density function shows the probability of Pax Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Pax Global Environmental price to stay between its current price of $ 24.84  and $ 24.93  at the end of the 90-day period is about 8.76 .
Assuming the 90 days horizon Pax Global has a beta of 0.77 indicating as returns on the market go up, Pax Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pax Global Environmental will be expected to be much smaller as well. Additionally Pax Global Environmental has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Pax Global Price Density   
       Price  

Predictive Modules for Pax Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pax Global Environmental. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
24.0324.8425.65
Details
Intrinsic
Valuation
LowRealHigh
22.4223.2327.32
Details
Naive
Forecast
LowNextHigh
24.3225.1325.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.0824.7225.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pax Global. Your research has to be compared to or analyzed against Pax Global's peers to derive any actionable benefits. When done correctly, Pax Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pax Global Environmental.

Pax Global Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Pax Global is not an exception. The market had few large corrections towards the Pax Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pax Global Environmental, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pax Global within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.06
β
Beta against Dow Jones0.77
σ
Overall volatility
0.40
Ir
Information ratio -0.11

Pax Global Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pax Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pax Global Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund maintains 97.71% of its assets in stocks

Pax Global Technical Analysis

Pax Global's future price can be derived by breaking down and analyzing its technical indicators over time. Pax Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pax Global Environmental. In general, you should focus on analyzing Pax Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Pax Global Predictive Forecast Models

Pax Global's time-series forecasting models is one of many Pax Global's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pax Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Pax Global Environmental

Checking the ongoing alerts about Pax Global for important developments is a great way to find new opportunities for your next move. Our stock 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.
The fund maintains 97.71% of its assets in stocks

Other Information on Investing in Pax Mutual Fund

Pax Global financial ratios help investors to determine whether Pax Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pax with respect to the benefits of owning Pax Global security.
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