Payden Absolute's market value is the price at which a share of Payden Absolute trades on a public exchange. It measures the collective expectations of Payden Absolute Return investors about its performance. Payden Absolute is trading at 9.43 as of the 25th of February 2026; that is 0.11 percent down since the beginning of the trading day. The fund's open price was 9.44. With this module, you can estimate the performance of a buy and hold strategy of Payden Absolute Return and determine expected loss or profit from investing in Payden Absolute over a given investment horizon. Check out Payden Absolute Correlation, Payden Absolute Volatility and Payden Absolute Performance module to complement your research on Payden Absolute.
It's important to distinguish between Payden Absolute's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Payden Absolute should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Payden Absolute's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Payden Absolute 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Payden Absolute's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Payden Absolute.
0.00
11/27/2025
No Change 0.00
0.0
In 3 months and 1 day
02/25/2026
0.00
If you would invest 0.00 in Payden Absolute on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Payden Absolute Return or generate 0.0% return on investment in Payden Absolute over 90 days. Payden Absolute is related to or competes with Payden Corporate, Payden Floating, Payden Porate, Payden Emerging, Payden Regal, Payden E, and Payden Emerging. Under normal market conditions, the fund will invest at least 80 percent of its investable assets in bonds or investment... More
Payden Absolute Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Payden Absolute's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Payden Absolute Return upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payden Absolute's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Payden Absolute's standard deviation. In reality, there are many statistical measures that can use Payden Absolute historical prices to predict the future Payden Absolute's volatility.
At this stage we consider Payden Mutual Fund to be very steady. Payden Absolute Return maintains Sharpe Ratio (i.e., Efficiency) of 0.37, which implies the entity had a 0.37 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Payden Absolute Return, which you can use to evaluate the volatility of the fund. Please check Payden Absolute's Risk Adjusted Performance of 0.2242, coefficient of variation of 228.47, and Variance of 0.004 to confirm if the risk estimate we provide is consistent with the expected return of 0.0236%. The fund holds a Beta of 0.0016, which implies not very significant fluctuations relative to the market. As returns on the market increase, Payden Absolute's returns are expected to increase less than the market. However, during the bear market, the loss of holding Payden Absolute is expected to be smaller as well.
Auto-correlation
0.90
Excellent predictability
Payden Absolute Return has excellent predictability. Overlapping area represents the amount of predictability between Payden Absolute time series from 27th of November 2025 to 11th of January 2026 and 11th of January 2026 to 25th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Payden Absolute Return price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Payden Absolute price fluctuation can be explain by its past prices.
Correlation Coefficient
0.9
Spearman Rank Test
0.97
Residual Average
0.0
Price Variance
0.0
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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 Absolute 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 Absolute security.