Payden Equity Income Fund Price on November 7, 2024
| PYVAX Fund | USD 19.81 0.16 0.81% |
Below is the normalized historical share price chart for Payden Equity Income extending back to December 07, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Payden Equity stands at 19.81, as last reported on the 23rd of November, with the highest price reaching 19.81 and the lowest price hitting 19.81 during the day.
If you're considering investing in Payden Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Payden Mutual Fund to be out of control. Payden Equity Income maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Payden Equity Income, which you can use to evaluate the volatility of the fund. Please check Payden Equity's Coefficient Of Variation of 535.32, risk adjusted performance of 0.1413, and Semi Deviation of 0.3601 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Payden Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Payden |
Sharpe Ratio = 0.1666
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Payden Equity is performing at about 13% 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 Equity by adding it to a well-diversified portfolio.
Payden Equity Valuation on November 7, 2024
It is possible to determine the worth of Payden Equity on a given historical date. On November 7, 2024 Payden was worth 19.36 at the beginning of the trading date compared to the closed value of 19.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Payden Equity mutual fund. Still, in general, we apply an absolute valuation method to find Payden Equity'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 Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Payden Equity's related companies.
| Open | High | Low | Close | Volume | |
| 19.36 | 19.36 | 19.36 | 19.36 | 1.00 | |
11/07/2024 | 19.36 | 19.36 | 19.36 | 19.36 | 1.00 |
| 19.53 | 19.53 | 19.53 | 19.53 | 1.00 |
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Payden Equity Trading Date Momentum on November 7, 2024
| On November 08 2024 Payden Equity Income was traded for 19.53 at the closing time. The highest daily price throughout the period was 19.53 and the lowest price was 19.53 . 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 0.88% . The trading delta at closing time to current closing price is 0.15% . |
Payden Equity Income Fundamentals Correlations and Trends
By evaluating Payden Equity'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 Equity'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 Equity Mutual Fund history
Payden Equity 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 Equity Income 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 Equity stock prices may prove useful in developing a viable investing in Payden Equity
The fund invests primarily in large capitalization value stocks, defined as stocks with sustainable cash flows that have the ability to pay and grow their dividends over time, and other income producing equity securities, including by way of example, preferred stocks, real estate investment trusts and master limited partnerships.
Payden Equity Mutual Fund Technical Analysis
Payden Equity 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 Equity Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Payden Equity Income 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 Equity November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Payden Equity 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 Equity shares will generate the highest return on investment. By undertsting and applying Payden Equity mutual fund market strength indicators, traders can identify Payden Equity Income entry and exit signals to maximize returns
Payden Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Payden Equity'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 | 0.1413 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | 0.0088 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1447 |
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| Volume Indicators |
Other Information on Investing in Payden Mutual Fund
Payden Equity 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 Equity security.
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