The Payden Rygel Fund Price on October 21, 2024
| PYCTX Fund | USD 9.89 0.04 0.41% |
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 Rygel stands at 9.89, as last reported on the 30th of November, with the highest price reaching 9.89 and the lowest price hitting 9.89 during the day. At this stage we consider Payden Mutual Fund to be very steady. Payden Rygel maintains Sharpe Ratio (i.e., Efficiency) of 0.0016, which implies the entity had a 0.0016% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Payden Rygel, which you can use to evaluate the volatility of the fund. Please check Payden Rygel's Coefficient Of Variation of (33,654), variance of 0.1105, and Market Risk Adjusted Performance of 0.4342 to confirm if the risk estimate we provide is consistent with the expected return of 5.0E-4%.
Payden Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Payden |
Sharpe Ratio = 0.0016
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| Negative Returns | PYCTX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Payden Rygel 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 Rygel by adding Payden Rygel to a well-diversified portfolio.
Payden Rygel Valuation on October 21, 2024
It is possible to determine the worth of Payden Rygel on a given historical date. On October 21, 2024 Payden was worth 9.82 at the beginning of the trading date compared to the closed value of 9.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Payden Rygel mutual fund. Still, in general, we apply an absolute valuation method to find Payden Rygel'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 Rygel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Payden Rygel's related companies.
| Open | High | Low | Close | Volume | |
| 9.90 | 9.90 | 9.90 | 9.90 | 1.00 | |
10/21/2024 | 9.82 | 9.82 | 9.82 | 9.82 | 1.00 |
| 9.81 | 9.81 | 9.81 | 9.81 | 1.00 |
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Payden Rygel Trading Date Momentum on October 21, 2024
| On October 22 2024 The Payden Rygel was traded for 9.81 at the closing time. The highest daily price throughout the period was 9.81 and the lowest price was 9.81 . There was no trading activity during the period 1.0. Lack of trading volume on 10/22/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.31% . |
About Payden Rygel Mutual Fund history
Payden Rygel 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 Rygel 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 Rygel stock prices may prove useful in developing a viable investing in Payden Rygel
The fund invests in a wide variety of debt instruments and income-producing securities. Under normal market conditions, the fund invests at least 80 percent of its total assets in corporate bonds or similar corporate debt instruments. In addition, in order to gain exposure to corporate debt markets, the fund may use derivatives to a significant extent, including in particular, credit default swaps with respect to individual corporate names and with respect to various credit indices.
Payden Rygel Mutual Fund Technical Analysis
Payden Rygel 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.
Price Boundaries
Payden Rygel Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
The Payden Rygel 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 Rygel November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Payden Rygel 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 Rygel shares will generate the highest return on investment. By undertsting and applying Payden Rygel mutual fund market strength indicators, traders can identify The Payden Rygel entry and exit signals to maximize returns
Payden Rygel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Payden Rygel'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 | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.4242 |
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| Volume Indicators |
Other Information on Investing in Payden Mutual Fund
Payden Rygel 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 Rygel security.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
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| Transaction History View history of all your transactions and understand their impact on performance |