Payden Strategic Competition

PYSLX Fund

9.66 0.01 0.10%

Payden Strategic Income competes with Goldman Sachs, Lord Abbett, Great-west Loomis, Victory Rs, and American Century; as well as few others. The fund is listed under Short-Term Bond category and is part of Paydenfunds family. Analyzing Payden Strategic competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Payden Strategic to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Payden Strategic Correlation with its peers.

Payden Strategic vs Ab Small Correlation

Almost no diversification

The correlation between Payden Strategic Income and SCYVX is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Payden Strategic Income and SCYVX in the same portfolio, assuming nothing else is changed.

Moving together with Payden Mutual Fund

0.82	PYAYX	Payden Corporate Bond	Pair Corr
0.86	PYBLX	Payden Floating Rate	Pair Corr
0.95	PYABX	Payden Absolute Return	Pair Corr
0.74	PYACX	Payden Porate Bond	Pair Corr
0.95	PYAIX	Payden Absolute Return	Pair Corr

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Hype

Prediction

Low	Estimated	High
9.56	9.66	9.76

Details

Intrinsic

Valuation

Low	Real	High
8.78	8.88	10.63

Details

Payden Strategic Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Payden Strategic and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Payden and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Payden Strategic Income does not affect the price movement of the other competitor.

	GSXPX	LRSOX	MXLSX	RSPMX	AVCNX	HRVIX	BPSCX	SCYVX
GSXPX		0.96	0.97	0.98	0.97	0.94	0.96	0.98	GSXPX
LRSOX	0.96		0.97	0.97	0.95	0.94	0.95	0.97	LRSOX
MXLSX	0.97	0.97		0.96	0.96	0.99	0.91	0.97	MXLSX
RSPMX	0.98	0.97	0.96		0.96	0.95	0.97	0.99	RSPMX
AVCNX	0.97	0.95	0.96	0.96		0.93	0.95	0.95	AVCNX
HRVIX	0.94	0.94	0.99	0.95	0.93		0.87	0.96	HRVIX
BPSCX	0.96	0.95	0.91	0.97	0.95	0.87		0.96	BPSCX
SCYVX	0.98	0.97	0.97	0.99	0.95	0.96	0.96		SCYVX
	GSXPX	LRSOX	MXLSX	RSPMX	AVCNX	HRVIX	BPSCX	SCYVX

Risk-Adjusted Indicators

There is a big difference between Payden Mutual Fund performing well and Payden Strategic Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Payden Strategic's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GSXPX	0.90	0.16	0.18	0.22	0.68	(1.05)	2.73	(1.57)	6.09
LRSOX	0.88	0.27	0.22	1.40	0.59	(1.09)	2.96	(1.52)	6.99
MXLSX	0.75	0.20	0.15	1.61	0.64	(0.88)	2.35	(1.47)	4.52
RSPMX	0.78	0.23	0.31	0.36	0.15	(0.97)	2.17	(0.97)	5.84
AVCNX	0.96	0.35	0.28	2.06	0.48	(1.17)	2.91	(1.39)	7.32
HRVIX	0.81	0.24	0.18	1.88	0.55	(0.95)	2.44	(1.21)	4.93
BPSCX	0.86	0.19	0.20	0.28	0.50	(0.97)	2.37	(1.34)	8.57
SCYVX	0.83	0.17	0.19	0.26	0.60	(1.06)	2.43	(1.61)	4.78

Payden Strategic Competitive Analysis

The better you understand Payden Strategic competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Payden Strategic's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Payden Strategic's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	PYSLX	GSXPX	LRSOX	MXLSX	RSPMX	AVCNX	HRVIX	BPSCX	SCYVX
	0.10 9.66 Payden	0.11 66.17 Goldman	0.04 22.60 Lord	0.14 44.35 Great-west	0.16 30.74 Victory	0.15 19.60 American	0.1 41.17 Heartland	0.15 25.80 Boston	0.19 15.97 SCYVX
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Solid	Solid	Solid	Solid	Solid	Solid	Solid	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy
Net Asset	157.42 M	429.04 M	1.15 B	301.53 M	440.89 M	550.58 M	303.68 M	695.26 M	332.3 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	3 K	N/A	N/A	2.5 K	N/A
Price To Book	N/A	N/A	N/A	1.82	N/A	N/A	1.42	1.55	N/A
Five Year Return	N/A	11.22	7.66	9.55	N/A	13.77	3.87	9.56	6.89
One Year Return	N/A	21.9	8.75	7.28	N/A	16.66	14.08	8.92	10.48
Last Dividend Paid	N/A	N/A	N/A	N/A	N/A	N/A	0.18	0.08	N/A
Price To Earning	N/A	N/A	N/A	34.18	N/A	N/A	21.42	15.42	N/A
Price To Sales	N/A	N/A	N/A	1.04	N/A	N/A	1.1	0.71	N/A
Cash Position Weight	N/A	1.44	N/A	1.83	N/A	N/A	3.13	1.79	1.08
Equity Positions Weight	N/A	98.56	100.0	98.17	99.84	100.0	96.87	98.21	98.92
Three Year Return	N/A	14.06	10.95	9.37	N/A	12.72	3.67	11.03	6.93
Annual Yield	0.0491	0.0134	0.0036	N/A	0.0069	0.0165	0.0058	0.0058	0.0077
Year To Date Return	N/A	11.01	10.46	5.68	N/A	9.45	14.39	4.28	13.3
Ten Year Return	N/A	7.31	5.64	7.74	N/A	N/A	6.16	6.24	N/A
Daily Balance Of Power	0	0	9.2 T	0	9.2 T	9.2 T	9.2 T	0	0
Day Typical Price	9.66	66.17	22.6	44.35	30.74	19.6	41.17	25.8	15.97
Period Momentum Indicator	(0.01)	(0.07)	0.01	(0.06)	0.05	0.03	0.04	(0.04)	(0.03)
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	9.66	66.17	22.6	44.35	30.74	19.6	41.17	25.8	15.97
Price Action Indicator	(0.01)	(0.04)	0.005	(0.03)	0.025	0.015	0.02	(0.02)	(0.01)
Coefficient Of Variation	561.35	455.39	423.32	462.56	342.59	357.75	407.56	476.42	424.27
Mean Deviation	0.0763	0.8955	0.8782	0.7484	0.7791	0.9563	0.813	0.8629	0.8327
Jensen Alpha	0.0097	0.1606	0.2657	0.2031	0.2309	0.3452	0.2443	0.1883	0.1749
Total Risk Alpha	(0)	0.1321	0.1547	0.1071	0.19	0.2231	0.1438	0.1302	0.14
Sortino Ratio	(0.59)	0.1771	0.2165	0.1455	0.3143	0.2815	0.1849	0.1998	0.1871
Downside Variance	0.0162	0.9805	0.8515	0.8173	0.4757	0.9683	0.8742	0.8402	0.8669
Standard Deviation	0.0977	1.22	1.24	1.04	1.06	1.32	1.08	1.31	1.13
Kurtosis	(0.24)	1.68	2.56	1.02	2.55	3.66	0.7119	9.51	0.5874
Potential Upside	0.2081	2.73	2.96	2.35	2.17	2.91	2.44	2.37	2.43
Treynor Ratio	(0.27)	0.2187	1.4	1.61	0.3609	2.06	1.88	0.2834	0.2591
Maximum Drawdown	0.4178	6.09	6.99	4.52	5.84	7.32	4.93	8.57	4.78
Variance	0.0095	1.49	1.53	1.08	1.12	1.75	1.17	1.73	1.28
Market Risk Adjusted Performance	(0.26)	0.2287	1.41	1.62	0.3709	2.07	1.89	0.2934	0.2691
Risk Adjusted Performance	0.0707	0.1793	0.1927	0.1754	0.2361	0.2277	0.199	0.172	0.1916
Skewness	0.005	0.8379	0.9837	0.4033	1.14	1.22	0.3414	2.16	0.3868
Semi Deviation	0.0	0.6773	0.5898	0.6449	0.1542	0.4799	0.5547	0.4997	0.6029
Information Ratio	(0.77)	0.1437	0.1614	0.1268	0.2045	0.2095	0.1598	0.1394	0.1539
Value At Risk	(0.10)	(1.57)	(1.52)	(1.47)	(0.97)	(1.39)	(1.21)	(1.34)	(1.61)
Expected Short fall	(0.13)	(1.05)	(1.09)	(0.88)	(0.97)	(1.17)	(0.95)	(0.97)	(1.06)
Downside Deviation	0.1275	0.9902	0.9228	0.904	0.6897	0.984	0.935	0.9166	0.9311
Semi Variance	(0.01)	0.4587	0.3479	0.4159	0.0238	0.2303	0.3077	0.2497	0.3635

Payden Strategic Competition Performance Charts

Five steps to successful analysis of Payden Strategic Competition

Payden Strategic's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Payden Strategic Income in relation to its competition. Payden Strategic's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Payden Strategic in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Payden Strategic's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Payden Strategic Income, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Payden Strategic position

In addition to having Payden Strategic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Payden Mutual Fund

Payden Strategic financial ratios help investors to determine whether Payden 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 Payden with respect to the benefits of owning Payden Strategic security.

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