Payden Mutual Fund Quote

PYELX -  USA Fund  

USD 5.79  0.01  0.17%

Payden Emerging is trading at 5.79 as of the 26th of October 2021; that is -0.17 percent decrease since the beginning of the trading day. The fund's open price was 5.8. Payden Emerging has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Payden Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2019 and ending today, the 26th of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1
The fund invests at least 80 percent of its total assets in a wide variety of Bonds. Payden Emerging is traded on NASDAQ Exchange in the United States.. More on Payden Emerging Markets

Payden Emerging Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Payden Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Payden Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Payden Emerging generated a negative expected return over the last 90 days
Payden Emerging is unlikely to experience financial distress in the next 2 years
On 29th of September 2021 Payden Emerging paid $ 0.0265 per share dividend to its current shareholders
The fund generated three year return of 0.0%
Payden Emerging Markets maintains about 43.42% of its assets in cash
Legal NamePayden Emerging Markets
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Payden Emerging's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Beta In Three Year0.76
Startdate2nd of November 2011
Payden Emerging Markets [PYELX] is traded in USA and was established 26th of October 2021. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of Paydenfunds family. The entity is thematically classified as Currency. Payden Emerging Markets at this time has accumulated 81.36 M in assets with minimum initial investment of 100 K. , while the total return for the last 3 years was -0.18%.
Check Payden Emerging Probability Of Bankruptcy

Instrument Allocation

Top Payden Emerging Markets Constituents

Payden Emerging Target Price Odds Analysis

What are Payden Emerging's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Payden Emerging jumping above the current price in 90 days from now is under 95%. The Payden Emerging Markets probability density function shows the probability of Payden Emerging mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Payden Emerging has a beta of 0.0783 indicating as returns on the market go up, Payden Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Payden Emerging Markets will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Payden Emerging Markets is significantly underperforming DOW.
 Odds Down 5.79HorizonTargetOdds Up 5.79 
5.49%90 days
 5.79 
94.28%
Based on a normal probability distribution, the odds of Payden Emerging to move above the current price in 90 days from now is under 95 (This Payden Emerging Markets probability density function shows the probability of Payden Mutual Fund to fall within a particular range of prices over 90 days) .

Payden Emerging Markets Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Payden Emerging market risk premium is the additional return an investor will receive from holding Payden Emerging 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 Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Payden Emerging's alpha and beta are two of the key measurements used to evaluate Payden Emerging's performance over the market, the standard measures of volatility play an important role as well.

Payden Emerging Against Markets

Picking the right benchmark for Payden Emerging mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Payden Emerging mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Payden Emerging is critical whether you are bullish or bearish towards Payden Emerging Markets at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Payden Emerging without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Center Now

   

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios
All  Next Launch Module
Please check Your Equity Center. Note that the Payden Emerging Markets information on this page should be used as a complementary analysis to other Payden Emerging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Payden Mutual Fund analysis

When running Payden Emerging Markets price analysis, check to measure Payden Emerging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Payden Emerging is operating at the current time. Most of Payden Emerging's value examination focuses on studying past and present price action to predict the probability of Payden Emerging's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Payden Emerging's price. Additionally, you may evaluate how the addition of Payden Emerging to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Please note, there is a significant difference between Payden Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine Payden Emerging value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Payden Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.