Payden High Income Fund Quote
| PYRLX Fund | 6.38 0.01 0.16% |
Performance6 of 100
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Payden High is trading at 6.38 as of the 30th of November 2024; that is 0.16 percent down since the beginning of the trading day. The fund's open price was 6.39. Payden High has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Payden High Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Payden High Income Risk Profiles
| Mean Deviation | 0.099 | |||
| Semi Deviation | 0.0842 | |||
| Standard Deviation | 0.15 | |||
| Variance | 0.0225 |
Payden High Against Markets
Payden High 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 High mutual fund to make a market-neutral strategy. Peer analysis of Payden High could also be used in its relative valuation, which is a method of valuing Payden High by comparing valuation metrics with similar companies.
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