Payden E Bond Fund Price on August 30, 2024

PYCBX Fund  USD 9.23  0.01  0.11%   
If you're considering investing in Payden Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Payden Core stands at 9.23, as last reported on the 27th of November, with the highest price reaching 9.23 and the lowest price hitting 9.23 during the day. Payden E Bond maintains Sharpe Ratio (i.e., Efficiency) of -0.0441, which implies the entity had a -0.0441% return per unit of risk over the last 3 months. Payden E Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Payden Core's Risk Adjusted Performance of (0.05), variance of 0.0878, and Coefficient Of Variation of (2,269) to confirm the risk estimate we provide.
  
Payden Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0441

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Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Payden Core is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Payden Core by adding Payden Core to a well-diversified portfolio.

Payden Core Valuation on August 30, 2024

It is possible to determine the worth of Payden Core on a given historical date. On August 30, 2024 Payden was worth 9.29 at the beginning of the trading date compared to the closed value of 9.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Payden Core mutual fund. Still, in general, we apply an absolute valuation method to find Payden Core's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Payden Core where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Payden Core's related companies.
 Open High Low Close Volume
  9.31    9.31    9.31    9.31    1.00  
08/30/2024
  9.29    9.29    9.29    9.29    1.00  
  9.33    9.33    9.33    9.33    1.00  
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Open Value
9.29
9.29
Closing Value
10.18
Upside

Payden Core Trading Date Momentum on August 30, 2024

On September 03 2024 Payden E Bond was traded for  9.33  at the closing time. The highest daily price throughout the period was 9.33  and the lowest price was  9.33 . There was no trading activity during the period 1.0. Lack of trading volume on 09/03/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.43% . The trading delta at closing time to current closing price is 1.40% .

Payden E Bond Fundamentals Correlations and Trends

By evaluating Payden Core's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Payden Core's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Payden financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Payden Core Mutual Fund history

Payden Core investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Payden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Payden E Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Payden Core stock prices may prove useful in developing a viable investing in Payden Core

Payden Core Mutual Fund Technical Analysis

Payden Core technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Payden Core technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Payden Core trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Payden Core Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Payden E Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Payden Core November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Payden Core mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Payden Core shares will generate the highest return on investment. By undertsting and applying Payden Core mutual fund market strength indicators, traders can identify Payden E Bond entry and exit signals to maximize returns

Payden Core Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Payden Core's price direction in advance. Along with the technical and fundamental analysis of Payden Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Payden to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Payden Mutual Fund

Payden Core 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 Core security.
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