Payden Equity Income Fund Manager Performance Evaluation
| PYVAX Fund | USD 19.83 0.07 0.35% |
The fund holds a Beta of 0.75, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Payden Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Payden Equity is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Payden Equity Income are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Payden Equity may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 0.9800 |
Payden |
Payden Equity Relative Risk vs. Return Landscape
If you would invest 1,832 in Payden Equity Income on September 5, 2024 and sell it today you would earn a total of 151.00 from holding Payden Equity Income or generate 8.24% return on investment over 90 days. Payden Equity Income is currently producing 0.1257% returns and takes up 0.6097% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Payden, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Payden Equity Current Valuation
Fairly Valued
Today
Please note that Payden Equity's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Payden Equity Income holds a recent Real Value of $19.66 per share. The prevailing price of the fund is $19.83. We determine the value of Payden Equity Income 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 Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden Equity'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 19.83 | Real 19.66 | Hype 19.83 | Naive 19.91 |
The intrinsic value of Payden Equity'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 Equity'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 Equity Income 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 Equity more accurately as focusing exclusively on Payden Equity's fundamentals will not take into account other important factors: Payden Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payden Equity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Payden Equity Income, and traders can use it to determine the average amount a Payden Equity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2061
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PYVAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Payden Equity is performing at about 16% 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 Equity by adding it to a well-diversified portfolio.
Payden Equity Fundamentals Growth
Payden Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Payden Equity, and Payden Equity fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Payden Mutual Fund performance.
| Price To Earning | 17.78 X | ||||
| Price To Book | 2.87 X | ||||
| Price To Sales | 2.23 X | ||||
| Total Asset | 17.14 M | ||||
About Payden Equity Performance
Evaluating Payden Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Payden Equity has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Payden Equity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in large capitalization value stocks, defined as stocks with sustainable cash flows that have the ability to pay and grow their dividends over time, and other income producing equity securities, including by way of example, preferred stocks, real estate investment trusts and master limited partnerships.Things to note about Payden Equity Income performance evaluation
Checking the ongoing alerts about Payden Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Payden Equity Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Payden Equity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Payden Equity's mutual fund performance include:- Analyzing Payden Equity's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Payden Equity's stock is overvalued or undervalued compared to its peers.
- Examining Payden Equity's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Payden Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Payden Equity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Payden Equity's mutual fund. These opinions can provide insight into Payden Equity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Payden Mutual Fund
Payden Equity 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 Equity security.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |