Payden Floating Valuation
| PYFIX Fund | USD 9.59 0.01 0.10% |
At this time, the fund appears to be overvalued. Payden Floating Rate holds a recent Real Value of $8.82 per share. The prevailing price of the fund is $9.59. We determine the value of Payden Floating Rate 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 Floating's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Payden Floating Rate holds a recent Real Value of $8.82 per share. The prevailing price of the fund is $9.59. We determine the value of Payden Floating Rate 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 Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden Floating'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 9.59 | Real 8.82 | Hype 9.59 |
The intrinsic value of Payden Floating'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 Floating'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 Floating Rate 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 Floating more accurately as focusing exclusively on Payden Floating's fundamentals will not take into account other important factors: About Payden Floating Valuation
Our relative valuation model uses a comparative analysis of Payden Floating. We calculate exposure to Payden Floating's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Payden Floating's related companies.The fund invests at least 80 percent of its total assets in income producing floating rate loans and other floating rate debt instruments. Floating rate loans are typically debt obligations with interest rates that adjust or float periodically, often on a daily, monthly, quarterly, or semiannual basis by reference to a base lending rate plus a premium. It invests primarily in senior floating rate loans of domestic and foreign borrowers.
Other Information on Investing in Payden Mutual Fund
Payden Floating 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 Floating security.
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