The Payden Rygel Fund Manager Performance Evaluation
| PYCTX Fund | USD 9.78 0.02 0.20% |
The fund holds a Beta of -0.0403, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Payden Rygel are expected to decrease at a much lower rate. During the bear market, Payden Rygel is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days The Payden Rygel has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Payden Rygel is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...morePayden |
Payden Rygel Relative Risk vs. Return Landscape
If you would invest 991.00 in The Payden Rygel on August 25, 2024 and sell it today you would lose (13.00) from holding The Payden Rygel or give up 1.31% of portfolio value over 90 days. The Payden Rygel is currently producing negative expected returns and takes up 0.3037% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Payden, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Payden Rygel Current Valuation
Overvalued
Today
Please note that Payden Rygel's price fluctuation is very steady at this time. Payden Rygel holds a recent Real Value of $9.57 per share. The prevailing price of the fund is $9.78. Our model determines the value of Payden Rygel from analyzing the fund technical indicators and probability of bankruptcy. In general, investors support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Payden Rygel is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden Rygel's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.78 | Real 9.57 | Hype 9.78 | Naive 9.76 |
The intrinsic value of Payden Rygel's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Payden Rygel's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of The Payden Rygel helps investors to forecast how Payden mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Payden Rygel more accurately as focusing exclusively on Payden Rygel's fundamentals will not take into account other important factors: Payden Rygel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payden Rygel's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as The Payden Rygel, and traders can use it to determine the average amount a Payden Rygel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0654
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PYCTX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 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.
About Payden Rygel Performance
Evaluating Payden Rygel's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Payden Rygel has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Payden Rygel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Payden Rygel performance evaluation
Checking the ongoing alerts about Payden Rygel for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Payden Rygel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Payden Rygel generated a negative expected return over the last 90 days |
- Analyzing Payden Rygel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Payden Rygel's stock is overvalued or undervalued compared to its peers.
- Examining Payden Rygel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Payden Rygel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Payden Rygel's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Payden Rygel's mutual fund. These opinions can provide insight into Payden Rygel's potential for growth and whether the stock is currently undervalued or overvalued.
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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