Payden Corporate Bond Fund Quote
| PYAYX Fund | 9.78 0.02 0.20% |
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Payden Corporate is trading at 9.78 as of the 1st of February 2025; that is 0.2% down since the beginning of the trading day. The fund's open price was 9.8. Payden Corporate has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 5th of August 2024 and ending today, the 1st of February 2025. Click here to learn more.
Payden Corporate Bond Risk Profiles
| Mean Deviation | 0.2583 | |||
| Standard Deviation | 0.3487 | |||
| Variance | 0.1216 | |||
| Risk Adjusted Performance | (0.02) |
Payden Corporate Against Markets
Payden Corporate Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Payden Corporate mutual fund to make a market-neutral strategy. Peer analysis of Payden Corporate could also be used in its relative valuation, which is a method of valuing Payden Corporate by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |