Pax Ellevate Global Fund Price on December 11, 2024
| PXWIX Fund | USD 36.01 0.21 0.58% |
Below is the normalized historical share price chart for Pax Ellevate Global extending back to October 29, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pax Ellevate stands at 36.01, as last reported on the 13th of December 2024, with the highest price reaching 36.01 and the lowest price hitting 36.01 during the day.
If you're considering investing in Pax Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Pax Mutual Fund to be very steady. Pax Ellevate Global maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pax Ellevate Global, which you can use to evaluate the volatility of the fund. Please check Pax Ellevate's Coefficient Of Variation of 640.97, risk adjusted performance of 0.1119, and Semi Deviation of 0.5004 to confirm if the risk estimate we provide is consistent with the expected return of 0.0746%.
Pax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pax |
Sharpe Ratio = 0.1171
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PXWIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Pax Ellevate is performing at about 9% 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 Ellevate by adding it to a well-diversified portfolio.
Pax Ellevate Valuation on December 11, 2024
It is possible to determine the worth of Pax Ellevate on a given historical date. On December 11, 2024 Pax was worth 36.22 at the beginning of the trading date compared to the closed value of 36.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pax Ellevate mutual fund. Still, in general, we apply an absolute valuation method to find Pax Ellevate's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pax Ellevate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pax Ellevate's related companies.
| Open | High | Low | Close | Volume | |
| 36.04 | 36.04 | 36.04 | 36.04 | 1.00 | |
12/11/2024 | 36.22 | 36.22 | 36.22 | 36.22 | 1.00 |
| 36.01 | 36.01 | 36.01 | 36.01 | 1.00 |
| Backtest Pax Ellevate | | | Pax Ellevate History | | | Pax Ellevate Valuation | Previous | Next |
Pax Ellevate Trading Date Momentum on December 11, 2024
| On December 12 2024 Pax Ellevate Global was traded for 36.01 at the closing time. The highest daily price throughout the period was 36.01 and the lowest price was 36.01 . There was no trading activity during the period 1.0. Lack of trading volume on 12/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.58% . The trading delta at closing time to current closing price is 0.58% . |
Pax Ellevate Global Fundamentals Correlations and Trends
By evaluating Pax Ellevate's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pax Ellevate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pax Ellevate Mutual Fund history
Pax Ellevate investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pax Ellevate Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pax Ellevate stock prices may prove useful in developing a viable investing in Pax Ellevate
The fund seeks to construct a universe of companies around the world that advance and empower women through gender diversity on boards and in senior management, and that promote gender equity in the workplace through policies and practices focused on advancing gender diversity, inclusion and equity. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that the Adviser has determined are global womens leaders.
Pax Ellevate Mutual Fund Technical Analysis
Pax Ellevate technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Pax Ellevate Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Pax Ellevate Global cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pax Ellevate December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Pax Ellevate mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pax Ellevate shares will generate the highest return on investment. By undertsting and applying Pax Ellevate mutual fund market strength indicators, traders can identify Pax Ellevate Global entry and exit signals to maximize returns
Pax Ellevate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pax Ellevate's price direction in advance. Along with the technical and fundamental analysis of Pax Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pax to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1119 | |||
| Jensen Alpha | 0.0267 | |||
| Total Risk Alpha | 1.0E-4 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1455 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Pax Mutual Fund
Pax Ellevate 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 Ellevate security.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |