Payden California Municipal Fund Price on November 7, 2024
| PYCLX Fund | 9.98 0.02 0.20% |
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 California stands at 9.98, as last reported on the 29th of November, with the highest price reaching 9.98 and the lowest price hitting 9.98 during the day. At this stage we consider Payden Mutual Fund to be very steady. Payden California maintains Sharpe Ratio (i.e., Efficiency) of 0.0475, which implies the entity had a 0.0475% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Payden California, which you can use to evaluate the volatility of the fund. Please check Payden California's Risk Adjusted Performance of 0.019, coefficient of variation of 1651.07, and Semi Deviation of 0.1529 to confirm if the risk estimate we provide is consistent with the expected return of 0.0098%.
Payden Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Payden |
Sharpe Ratio = 0.0475
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| Negative Returns | PYCLX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Payden California is performing at about 3% of its full potential. 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 California by adding it to a well-diversified portfolio.
Payden California Valuation on November 7, 2024
It is possible to determine the worth of Payden California on a given historical date. On November 7, 2024 Payden was worth 9.85 at the beginning of the trading date compared to the closed value of 9.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Payden California mutual fund. Still, in general, we apply an absolute valuation method to find Payden California'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 California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Payden California's related companies.
| Open | High | Low | Close | Volume | |
| 9.82 | 9.82 | 9.82 | 9.82 | 1.00 | |
11/07/2024 | 9.85 | 9.85 | 9.85 | 9.85 | 1.00 |
| 9.90 | 9.90 | 9.90 | 9.90 | 1.00 |
| Backtest Payden California | | | Payden California History | Previous | Next |
Payden California Trading Date Momentum on November 7, 2024
| On November 08 2024 Payden California Municipal was traded for 9.90 at the closing time. The highest daily price throughout the period was 9.90 and the lowest price was 9.90 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.51% . The trading delta at closing time to current closing price is 0.51% . |
Price Boundaries
Payden California Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Payden California Municipal 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 California November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Payden California 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 California shares will generate the highest return on investment. By undertsting and applying Payden California mutual fund market strength indicators, traders can identify Payden California Municipal entry and exit signals to maximize returns
Payden California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Payden California'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.
| Risk Adjusted Performance | 0.019 | |||
| Jensen Alpha | 0.0079 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.37) | |||
| Treynor Ratio | (0.05) |
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| Volatility Indicators | ||
| Volume Indicators |
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