Payden Absolute Valuation
| PYARX Fund | USD 9.53 0.00 0.00% |
At this time, the fund appears to be overvalued. Payden Absolute Return holds a recent Real Value of $8.75 per share. The prevailing price of the fund is $9.53. We determine the value of Payden Absolute Return 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.
Overvalued
Today
Please note that Payden Absolute's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Payden Absolute Return holds a recent Real Value of $8.75 per share. The prevailing price of the fund is $9.53. We determine the value of Payden Absolute Return 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 Absolute is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden Absolute'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 9.53 | Real 8.75 | Hype 9.53 | Naive 9.52 |
The intrinsic value of Payden Absolute'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 Absolute'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 Payden Absolute Return 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 Absolute more accurately as focusing exclusively on Payden Absolute's fundamentals will not take into account other important factors: Payden Absolute Total Value Analysis
Payden Absolute Return is at this time projected to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Payden Absolute fundamentals before making investing decisions based on enterprise value of the companyPayden Absolute Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Payden suggests not a very effective usage of assets in November.About Payden Absolute Valuation
Our relative valuation model uses a comparative analysis of Payden Absolute. We calculate exposure to Payden Absolute's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Payden Absolute's related companies.Under normal market conditions, the fund will invest at least 80 percent of its investable assets in bonds or investments that provide exposure to bonds. The funds absolute return strategy seeks to have positive absolute returns over the long term, regardless of different market environments. To achieve this goal, the fund seeks to provide total return, whether through price appreciation, or income, or a combination of both.
Other Information on Investing in Payden Mutual Fund
Payden Absolute 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 Absolute security.
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