Payden Corporate Financials
| PYACX Fund | USD 9.86 0.02 0.20% |
Payden |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Payden Corporate Fund Summary
Payden Corporate competes with Old Westbury, Ab Select, Angel Oak, Astor Long/short, and Locorr Long/short. The fund invests in a wide variety of debt instruments and income-producing securities. Under normal market conditions, the fund invests at least 80 percent of its total assets in corporate bonds or similar corporate debt instruments. In addition, in order to gain exposure to corporate debt markets, the fund may use derivatives to a significant extent, including in particular, credit default swaps with respect to individual corporate names and with respect to various credit indices.Specialization | Corporate Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7043293668 |
| Business Address | PAYDEN RYGEL Investment |
| Mutual Fund Family | Paydenfunds |
| Mutual Fund Category | Corporate Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 572 9336 |
| Currency | USD - US Dollar |
Payden Corporate Key Financial Ratios
Payden Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Payden Corporate's current stock value. Our valuation model uses many indicators to compare Payden Corporate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Payden Corporate competition to find correlations between indicators driving Payden Corporate's intrinsic value. More Info.Payden Porate Bond 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 3,526 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 Corporate's earnings, one of the primary drivers of an investment's value.Payden Porate Bond Systematic Risk
Payden Corporate's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Payden Corporate volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Payden Porate Bond correlated with the market. If Beta is less than 0 Payden Corporate generally moves in the opposite direction as compared to the market. If Payden Corporate Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Payden Porate Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Payden Corporate is generally in the same direction as the market. If Beta > 1 Payden Corporate moves generally in the same direction as, but more than the movement of the benchmark.
Payden Corporate November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Payden Corporate help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Payden Porate Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Payden Porate Bond based on widely used predictive technical indicators. In general, we focus on analyzing Payden Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Payden Corporate's daily price indicators and compare them against related drivers.
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 1.33 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.5056 |
Other Information on Investing in Payden Mutual Fund
Payden Corporate 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 Corporate security.
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