Payden Absolute Financials

Payden Absolute Fund Summary

Payden Absolute competes with T Rowe, Tekla Healthcare, Alger Health, Delaware Healthcare, and Alphacentric Lifesci. 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.

Payden Absolute Key Financial Ratios

Payden Financial Ratios 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  11.04  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.

Along with financial statement analysis, the daily predictive indicators of Payden Absolute help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Payden Absolute Return. We use our internally-developed statistical techniques to arrive at the intrinsic value of Payden Absolute Return 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 Absolute's daily price indicators and compare them against related drivers.

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.