Payden Gnma Financials
| PYGNX Fund | USD 7.55 0.01 0.13% |
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 Gnma Fund Summary
Payden Gnma competes with Payden Corporate, Payden Absolute, Payden Absolute, Payden Emerging, and Payden Regal. The fund invests at least 80 percent of its total assets in Government National Mortgage Association mortgage-backed securities, which are debt securities representing part ownership in a pool of mortgage loans backed by the full faith and credit of the U.S. government. It invests the balance of its assets primarily in other U.S. government Obligations, which are defined as U.S. Treasury bills, notes and bonds, and other bonds and mortgage-backed securities issued or guaranteed by the U.S. government, or by government sponsored enterprises.Specialization | Intermediate Government, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7043294732 |
| Business Address | PAYDEN RYGEL Investment |
| Mutual Fund Family | Paydenfunds |
| Mutual Fund Category | Intermediate Government |
| Benchmark | Dow Jones Industrial |
| Phone | 800 572 9336 |
| Currency | USD - US Dollar |
Payden Gnma Key Financial Ratios
Payden Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Payden Gnma's current stock value. Our valuation model uses many indicators to compare Payden Gnma value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Payden Gnma competition to find correlations between indicators driving Payden Gnma's intrinsic value. More Info.Payden Gnma Fund 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 32.50 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 Gnma's earnings, one of the primary drivers of an investment's value.Payden Gnma Fund Systematic Risk
Payden Gnma's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Payden Gnma 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Payden Gnma Fund correlated with the market. If Beta is less than 0 Payden Gnma generally moves in the opposite direction as compared to the market. If Payden Gnma Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Payden Gnma Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Payden Gnma is generally in the same direction as the market. If Beta > 1 Payden Gnma moves generally in the same direction as, but more than the movement of the benchmark.
Payden Gnma November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Payden Gnma help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Payden Gnma Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Payden Gnma Fund 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 Gnma's daily price indicators and compare them against related drivers.
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3896 |
Other Information on Investing in Payden Mutual Fund
Payden Gnma 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 Gnma security.
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