Payden Absolute Return Fund Analysis
| PYABX Fund | 9.46 0.01 0.11% |
Payden Absolute Return is overvalued with Real Value of 8.69 and Hype Value of 9.46. The main objective of Payden Absolute fund analysis is to determine its intrinsic value, which is an estimate of what Payden Absolute Return is worth, separate from its market price. There are two main types of Payden Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Payden Absolute Return. On the other hand, technical analysis, focuses on the price and volume data of Payden Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Payden Absolute mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Payden |
Payden Mutual Fund Analysis Notes
It is possible that Payden Absolute Return fund was delisted, renamed or otherwise removed from the exchange.Technical Drivers
As of the 21st of July, Payden Absolute holds the Risk Adjusted Performance of 0.1438, standard deviation of 0.1341, and Downside Deviation of 0.1616. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Payden Absolute, as well as the relationship between them.Payden Absolute Return Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Simple Moving Average indicator is calculated by adding the closing price of Payden Absolute for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Payden Absolute Return short-term fluctuations and highlight longer-term trends or cycles.
Payden Absolute Predictive Daily Indicators
Payden Absolute intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Payden Absolute mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.46 | |||
| Day Typical Price | 9.46 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 71.42 |
Payden Absolute Forecast Models
Payden Absolute's time-series forecasting models are one of many Payden Absolute's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Payden Absolute's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Payden Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Payden Absolute prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Payden shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Payden Absolute. By using and applying Payden Mutual Fund analysis, traders can create a robust methodology for identifying Payden entry and exit points for their positions.
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.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Payden Absolute to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Earnings Calls Now
Earnings CallsCheck upcoming earnings announcements updated hourly across public exchanges |
| All Next | Launch Module |
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.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |