Payden Equity Income Fund Manager Performance Evaluation

PYVLX Fund  USD 17.56  0.06  0.34%   
The fund holds a Beta of 0.67, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Payden Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Payden Equity is expected to be smaller as well.

Risk-Adjusted Performance

Fair

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Payden Equity Income are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong essential indicators, Payden Equity 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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Expense Ratio Date28th of February 2025
Expense Ratio0.7600
  

Payden Equity Relative Risk vs. Return Landscape

If you would invest  1,679  in Payden Equity Income on November 8, 2025 and sell it today you would earn a total of  77.00  from holding Payden Equity Income or generate 4.59% return on investment over 90 days. Payden Equity Income is currently producing 0.0767% returns and takes up 0.6193% volatility of returns over 90 trading days. Put another way, 5% 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 Equity is expected to generate 0.81 times more return on investment than the market. However, the company is 1.24 times less risky than the market. It trades about 0.12 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of risk.

Payden Equity Current Valuation

Fairly Valued
Today
17.56
Please note that Payden Equity's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Payden Equity Income holds a recent Real Value of $17.76 per share. The prevailing price of the fund is $17.56. We determine the value of Payden Equity Income 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 Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PAYDEN Mutual Fund. However, Payden Equity'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  17.56 Real  17.76 Hype  17.56 Naive  17.68
The intrinsic value of Payden Equity'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 Equity'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.
17.76
Real Value
18.38
Upside
Estimating the potential upside or downside of Payden Equity Income 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 Equity more accurately as focusing exclusively on Payden Equity's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.6917.1217.55
Details
Hype
Prediction
LowEstimatedHigh
16.9417.5618.18
Details
Naive
Forecast
LowNext ValueHigh
17.0617.6818.30
Details
Below is the normalized historical share price chart for Payden Equity Income extending back to January 23, 1997. 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 17.56, as last reported on the 6th of February, with the highest price reaching 17.56 and the lowest price hitting 17.56 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Payden Equity 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
 17.56 90 days 17.56 
roughly 2.89
Based on a normal probability distribution, the odds of Payden Equity to move above the current price in 90 days from now is roughly 2.89 (This Payden Equity Income 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 Equity has a beta of 0.67 indicating as returns on the market go up, Payden Equity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Payden Equity Income will be expected to be much smaller as well. Additionally Payden Equity Income has an alpha of 0.0454, implying that it can generate a 0.0454 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Payden Equity Price Density   
       Price  

Predictive Modules for Payden Equity

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 Equity Income. 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.
Hype
Prediction
LowEstimatedHigh
16.9417.5618.18
Details
Intrinsic
Valuation
LowRealHigh
17.1417.7618.38
Details
Naive
Forecast
LowNextHigh
17.0617.6818.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.6917.1217.55
Details

Payden Equity Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Payden Equity is not an exception. The market had few large corrections towards the Payden Equity'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 Equity Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Payden Equity within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.05
β
Beta against Dow Jones0.67
σ
Overall volatility
0.29
Ir
Information ratio 0.06

Payden Equity 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 Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Payden Equity Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund maintains 94.53% of its assets in stocks

Payden Equity Fundamentals Growth

PAYDEN Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Payden Equity, and Payden Equity 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 Equity Performance

Evaluating Payden Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Payden Equity 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 Equity 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 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.

Things to note about Payden Equity Income performance evaluation

Checking the ongoing alerts about Payden Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Payden Equity Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 94.53% of its assets in stocks
Evaluating Payden Equity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Payden Equity's mutual fund performance include:
  • Analyzing Payden Equity'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 Equity's stock is overvalued or undervalued compared to its peers.
  • Examining Payden Equity'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 Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Payden Equity's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Payden Equity's mutual fund. These opinions can provide insight into Payden Equity's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Payden Equity's mutual fund performance is not an exact science, and many factors can impact Payden Equity'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 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.
Bollinger Bands
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Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk