Payden Gnma Fund Technical Analysis
| PYGNX Fund | USD 7.55 0.01 0.13% |
As of the 23rd of November, Payden Gnma holds the Coefficient Of Variation of (1,164), variance of 0.0877, and Risk Adjusted Performance of (0.08). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Payden Gnma, as well as the relationship between them.
Payden Gnma Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Payden, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PaydenPayden |
Payden Gnma technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Payden Gnma Fund Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Payden Gnma Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Payden Gnma Fund Trend Analysis
Use this graph to draw trend lines for Payden Gnma Fund. You can use it to identify possible trend reversals for Payden Gnma as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Payden Gnma price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Payden Gnma Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Payden Gnma Fund applied against its price change over selected period. The best fit line has a slop of 0.0054 , which may suggest that Payden Gnma Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.12, which is the sum of squared deviations for the predicted Payden Gnma price change compared to its average price change.About Payden Gnma Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Payden Gnma Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Payden Gnma Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Payden Gnma Fund price pattern first instead of the macroeconomic environment surrounding Payden Gnma Fund. By analyzing Payden Gnma's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Payden Gnma's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Payden Gnma specific price patterns or momentum indicators. Please read more on our technical analysis page.
Payden Gnma November 23, 2024 Technical Indicators
Most technical analysis of Payden help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Payden from various momentum indicators to cycle indicators. When you analyze Payden charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 0.7655 | |||
| Mean Deviation | 0.231 | |||
| Coefficient Of Variation | (1,164) | |||
| Standard Deviation | 0.2961 | |||
| Variance | 0.0877 | |||
| Information Ratio | (0.53) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.7555 | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3896 | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.6643 |
Other Information on Investing in Payden Mutual Fund
Payden Gnma 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 Gnma security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |