Payden High Income Fund Alpha and Beta Analysis
| PYRLX Fund | 6.42 0.01 0.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Payden High Income. It also helps investors analyze the systematic and unsystematic risks associated with investing in Payden High over a specified time horizon. Remember, high Payden High's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Payden High's market risk premium analysis include:
Beta 0.0101 | Alpha 0.005568 | Risk 0.15 | Sharpe Ratio 0.0998 | Expected Return 0.015 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Payden |
Payden High Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Payden High market risk premium is the additional return an investor will receive from holding Payden High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Payden High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Payden High's performance over market.| α | 0.01 | β | 0.01 |
Payden High Return and Market Media
The median price of Payden High for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 6.39 with a coefficient of variation of 0.31. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 6.39, and mean deviation of 0.02. The Fund received some media coverage during the period. Price Growth (%) |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Payden High in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Payden High's short interest history, or implied volatility extrapolated from Payden High options trading.
Build Portfolio with Payden High
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |