Payden Floating Rate Fund Price on October 7, 2024
| PYBLX Fund | 9.80 0.01 0.10% |
If you're considering investing in Payden Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Payden Floating stands at 9.80, as last reported on the 20th of December, with the highest price reaching 9.80 and the lowest price hitting 9.80 during the day. At this stage we consider Payden Mutual Fund to be very steady. Payden Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Payden Floating Rate, which you can use to evaluate the volatility of the fund. Please check Payden Floating's Coefficient Of Variation of 399.21, risk adjusted performance of 0.1293, and Variance of 0.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0225%.
Payden Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Payden |
Sharpe Ratio = 0.2246
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| PYBLX |
Based on monthly moving average Payden Floating is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Payden Floating by adding it to a well-diversified portfolio.
Payden Floating Valuation on October 7, 2024
It is possible to determine the worth of Payden Floating on a given historical date. On October 7, 2024 Payden was worth 9.69 at the beginning of the trading date compared to the closed value of 9.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Payden Floating mutual fund. Still, in general, we apply an absolute valuation method to find Payden Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Payden Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Payden Floating's related companies.
| Open | High | Low | Close | Volume | |
| 9.68 | 9.68 | 9.68 | 9.68 | 1.00 | |
10/07/2024 | 9.69 | 9.69 | 9.69 | 9.69 | 1.00 |
| 9.70 | 9.70 | 9.70 | 9.70 | 1.00 |
| Backtest Payden Floating | | | Payden Floating History | Previous | Next |
Payden Floating Trading Date Momentum on October 7, 2024
| On October 08 2024 Payden Floating Rate was traded for 9.70 at the closing time. The highest daily price throughout the period was 9.70 and the lowest price was 9.70 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 0.41% . |
Price Boundaries
Payden Floating Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Payden Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Payden Floating December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Payden Floating mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Payden Floating shares will generate the highest return on investment. By undertsting and applying Payden Floating mutual fund market strength indicators, traders can identify Payden Floating Rate entry and exit signals to maximize returns
Payden Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Payden Floating's price direction in advance. Along with the technical and fundamental analysis of Payden Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Payden to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1293 | |||
| Jensen Alpha | 0.0144 | |||
| Total Risk Alpha | 0.0121 | |||
| Treynor Ratio | 0.5857 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Transaction History View history of all your transactions and understand their impact on performance |