Payden Strategic Income Fund Technical Analysis
| PYSIX Fund | USD 9.65 0.02 0.21% |
As of the 30th of November, Payden Strategic holds the Standard Deviation of 0.1756, downside deviation of 0.2188, and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Payden Strategic, as well as the relationship between them.
Payden Strategic 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 Strategic 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 Strategic Income Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Strategic Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Payden Strategic Income Trend Analysis
Use this graph to draw trend lines for Payden Strategic Income. You can use it to identify possible trend reversals for Payden Strategic 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 Strategic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Payden Strategic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Payden Strategic Income applied against its price change over selected period. The best fit line has a slop of 0.0019 , which may suggest that Payden Strategic Income market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted Payden Strategic price change compared to its average price change.About Payden Strategic 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 Strategic Income 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 Strategic Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Payden Strategic Income price pattern first instead of the macroeconomic environment surrounding Payden Strategic Income. By analyzing Payden Strategic'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 Strategic'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 Strategic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Payden Strategic November 30, 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 | (0.01) | |||
| Mean Deviation | 0.1314 | |||
| Semi Deviation | 0.1419 | |||
| Downside Deviation | 0.2188 | |||
| Coefficient Of Variation | 3606.54 | |||
| Standard Deviation | 0.1756 | |||
| Variance | 0.0308 | |||
| Information Ratio | (0.76) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.61) | |||
| Maximum Drawdown | 0.8316 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.2086 | |||
| Downside Variance | 0.0479 | |||
| Semi Variance | 0.0201 | |||
| Expected Short fall | (0.18) | |||
| Skewness | (0.14) | |||
| Kurtosis | 0.197 |
Other Information on Investing in Payden Mutual Fund
Payden Strategic 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 Strategic security.
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