Payden High Financials
| PYHRX Fund | USD 6.35 0.03 0.47% |
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 High Fund Summary
Payden High competes with Franklin Lifesmart, Retirement Living, Calvert Moderate, Tiaa Cref, and Great-west Moderately. The fund invests in a wide variety of debt instruments and income-producing securities. It normally invests at least 80 percent of its total assets in corporate debt securities rated below investment grade. Below investment grade debt securities are rated below the four highest grades by at least one Nationally Recognized Statistical Rating Organization, or are securities that the funds adviser, Payden Rygel , determines to be of comparable quality.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7043295721 |
| Business Address | PAYDEN RYGEL Investment |
| Mutual Fund Family | Paydenfunds |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 572 9336 |
| Currency | USD - US Dollar |
Payden High Key Financial Ratios
Payden Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Payden High's current stock value. Our valuation model uses many indicators to compare Payden High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Payden High competition to find correlations between indicators driving Payden High's intrinsic value. More Info.Payden High Income is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.19 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Payden High Income is roughly 5.25 . 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 High's earnings, one of the primary drivers of an investment's value.Payden High Income Systematic Risk
Payden High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Payden High 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Payden High Income correlated with the market. If Beta is less than 0 Payden High generally moves in the opposite direction as compared to the market. If Payden High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Payden High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Payden High is generally in the same direction as the market. If Beta > 1 Payden High moves generally in the same direction as, but more than the movement of the benchmark.
Payden High February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Payden High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Payden High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Payden High Income 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 High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2737 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 0.6364 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.16 |
Other Information on Investing in Payden Mutual Fund
Payden High 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 High security.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |