The Payden Rygel Fund Year To Date Return

PYLDX Fund  USD 9.77  0.02  0.21%   
The Payden Rygel fundamentals help investors to digest information that contributes to Payden Rygel's financial success or failures. It also enables traders to predict the movement of Payden Mutual Fund. The fundamental analysis module provides a way to measure Payden Rygel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Payden Rygel mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

The Payden Rygel Mutual Fund Year To Date Return Analysis

Payden Rygel's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Year To Date Return | All Equity Analysis
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Competition

Based on the company's disclosures, The Payden Rygel has a Year To Date Return of 0.0%. This indicator is about the same for the Paydenfunds average (which is currently at 0.0) family and about the same as Short-Term Bond (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

Payden Year To Date Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Payden Rygel's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Payden Rygel could also be used in its relative valuation, which is a method of valuing Payden Rygel by comparing valuation metrics of similar companies.
Payden Rygel is currently under evaluation in year to date return among similar funds.

About Payden Rygel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The Payden Rygel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Payden Rygel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Payden Rygel based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.
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