Payden Global Financials
| PYGIX Fund | USD 7.71 0.01 0.13% |
Payden |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Payden Global Fund Summary
Payden Global competes with SCOR PK, Morningstar Unconstrained, Thrivent High, Via Renewables, and Bondbloxx ETF. The fund invests at least 80 percent of its total assets in a wide variety of debt instruments and income-producing securities. The fund invests at least 65 percent of its total assets in investment grade debt securities. However, the fund may invest up to 35 percent of its total assets in debt securities rated below investment grade. The overall average credit quality of the fund will remain investment grade.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | PAYDEN RYGEL Investment |
| Mutual Fund Family | Paydenfunds |
| Mutual Fund Category | World Bond-USD Hedged |
| Benchmark | Dow Jones Industrial |
| Phone | 800 572 9336 |
| Currency | USD - US Dollar |
Payden Global Key Financial Ratios
Payden Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Payden Global's current stock value. Our valuation model uses many indicators to compare Payden Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Payden Global competition to find correlations between indicators driving Payden Global's intrinsic value. More Info.Payden Global Fixed is rated top fund in net asset among similar funds. It also is rated top fund in minimum initial investment among similar funds making about 0.03 of Minimum Initial Investment per Net Asset. The ratio of Net Asset to Minimum Initial Investment for Payden Global Fixed is roughly 29.98 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Payden Global's earnings, one of the primary drivers of an investment's value.Payden Global Fixed Systematic Risk
Payden Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Payden Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Payden Global Fixed correlated with the market. If Beta is less than 0 Payden Global generally moves in the opposite direction as compared to the market. If Payden Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Payden Global Fixed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Payden Global is generally in the same direction as the market. If Beta > 1 Payden Global moves generally in the same direction as, but more than the movement of the benchmark.
Payden Global December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Payden Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Payden Global Fixed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Payden Global Fixed based on widely used predictive technical indicators. In general, we focus on analyzing Payden Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Payden Global's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2477 | |||
| Information Ratio | (0.55) | |||
| Maximum Drawdown | 0.7853 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.2642 |
Other Information on Investing in Payden Mutual Fund
Payden Global 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 Global security.
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