Payden E Bond Fund Manager Performance Evaluation

PYCWX Fund  USD 9.39  0.05  0.53%   
The fund holds a Beta of -0.0015, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Payden E are expected to decrease at a much lower rate. During the bear market, Payden E is likely to outperform the market.

Risk-Adjusted Performance

Fair

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Payden E Bond are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Payden E is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Boaz Weinstein Is Hunting Blue Owls Funds - The Wall Street Journal
02/20/2026
Expense Ratio Date28th of February 2025
Expense Ratio0.7800
  

Payden E Relative Risk vs. Return Landscape

If you would invest  929.00  in Payden E Bond on December 3, 2025 and sell it today you would earn a total of  10.00  from holding Payden E Bond or generate 1.08% return on investment over 90 days. Payden E Bond is currently producing 0.0177% returns and takes up 0.1888% volatility of returns over 90 trading days. Put another way, 1% 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  
Assuming the 90 days horizon Payden E is expected to generate 1.35 times less return on investment than the market. But when comparing it to its historical volatility, the company is 4.02 times less risky than the market. It trades about 0.09 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.03 of returns per unit of risk over similar time horizon.

Payden E Current Valuation

Overvalued
Today
9.39
Please note that Payden E's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Payden E Bond holds a recent Real Value of $8.63 per share. The prevailing price of the fund is $9.39. We determine the value of Payden E Bond from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we 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 E is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden E'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  9.39 Real  8.63 Hype  9.38 Naive  9.37
The intrinsic value of Payden E'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 E'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.
8.63
Real Value
10.33
Upside
Estimating the potential upside or downside of Payden E Bond 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 E more accurately as focusing exclusively on Payden E's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.419.419.46
Details
Hype
Prediction
LowEstimatedHigh
9.199.389.57
Details
Naive
Forecast
LowNext ValueHigh
9.189.379.56
Details
Below is the normalized historical share price chart for Payden E Bond extending back to November 12, 2009. 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 E stands at 9.39, as last reported on the 3rd of March, with the highest price reaching 9.39 and the lowest price hitting 9.39 during the day.
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Payden E Target Price Odds to finish over Current Price

The tendency of Payden Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 9.39 90 days 9.39 
about 9.95
Based on a normal probability distribution, the odds of Payden E to move above the current price in 90 days from now is about 9.95 (This Payden E Bond probability density function shows the probability of Payden Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Payden E Bond has a beta of -0.0015 indicating as returns on the benchmark increase, returns on holding Payden E are expected to decrease at a much lower rate. During a bear market, however, Payden E Bond is likely to outperform the market. Additionally Payden E Bond has an alpha of 0.0081, implying that it can generate a 0.008141 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Payden E Price Density   
       Price  

Predictive Modules for Payden E

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Payden E Bond. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Payden E's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.199.389.57
Details
Intrinsic
Valuation
LowRealHigh
8.448.6310.33
Details
Naive
Forecast
LowNextHigh
9.189.379.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.419.419.46
Details

Payden E Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Payden E is not an exception. The market had few large corrections towards the Payden E's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Payden E Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Payden E within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.01
β
Beta against Dow Jones-0.0015
σ
Overall volatility
0.05
Ir
Information ratio -0.33

Payden E Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Payden E for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Payden E Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Boaz Weinstein Is Hunting Blue Owls Funds - The Wall Street Journal
The fund maintains about 15.14% of its assets in bonds

Payden E Fundamentals Growth

Payden Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Payden E, and Payden E fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Payden Mutual Fund performance.

About Payden E Performance

Evaluating Payden E's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Payden E 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 E 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.
Under normal markets conditions, the fund invests at least 80 percent of its total assets in a wide variety of debt instruments and income-producing securities payable primarily in U.S. dollars. It invests at least 75 percent of its total assets in investment grade debt securities, but may invest up to 25 percent of its total assets in debt securities rated below investment grade. The overall average credit quality of the fund will remain investment grade.

Things to note about Payden E Bond performance evaluation

Checking the ongoing alerts about Payden E for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Payden E Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Boaz Weinstein Is Hunting Blue Owls Funds - The Wall Street Journal
The fund maintains about 15.14% of its assets in bonds
Evaluating Payden E's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Payden E's mutual fund performance include:
  • Analyzing Payden E'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 E's stock is overvalued or undervalued compared to its peers.
  • Examining Payden E'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 E's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Payden E's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Payden E's mutual fund. These opinions can provide insight into Payden E's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Payden E's mutual fund performance is not an exact science, and many factors can impact Payden E's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Payden Mutual Fund

Payden E 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 E security.
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