Payden Absolute Financial Statements From 2010 to 2024
| PYAIX Fund | USD 9.54 0.01 0.10% |
Check Payden Absolute financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Payden Absolute's main balance sheet or income statement drivers, such as , as well as many indicators such as . Payden financial statements analysis is a perfect complement when working with Payden Absolute Valuation or Volatility modules.
Payden |
Payden Absolute Return Mutual Fund Annual Yield Analysis
Payden Absolute's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Payden Absolute Annual Yield | 6.31 % |
Most of Payden Absolute's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Payden Absolute Return is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Payden Absolute Return has an Annual Yield of 6.31%. This is much higher than that of the Paydenfunds family and significantly higher than that of the Nontraditional Bond category. The annual yield for all United States funds is notably lower than that of the firm.
Payden Absolute Return Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Payden Absolute's current stock value. Our valuation model uses many indicators to compare Payden Absolute value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Payden Absolute competition to find correlations between indicators driving Payden Absolute's intrinsic value. More Info.Payden Absolute Return is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 1.11 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Payden Absolute's earnings, one of the primary drivers of an investment's value.About Payden Absolute Financial Statements
Payden Absolute investors use historical fundamental indicators, such as Payden Absolute's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Payden Absolute. Please read more on our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund will invest at least 80 percent of its investable assets in bonds or investments that provide exposure to bonds. The funds absolute return strategy seeks to have positive absolute returns over the long term, regardless of different market environments. To achieve this goal, the fund seeks to provide total return, whether through price appreciation, or income, or a combination of both.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Payden Mutual Fund
Payden Absolute 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 Absolute security.
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