As of 17 of February Payden Absolute holds Risk Adjusted Performance of 0.2627 and Coefficient Of Variation of 430.5. Payden Absolute Return technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the fund future prices. In other words you can use this information to find out if the fund will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Payden Absolute Return which can be compared to its competitors. Please check Payden Absolute Return Treynor Ratio and the relationship between Maximum Drawdown and Potential UpsideTreynor Ratio, Value At Risk, Downside Variance, as well as the relationship between Maximum Drawdown and Potential Upside to decide if Payden Absolute Return is priced some-what accurately providing market reflects its current price of 11.25 per share.
|Horizon||30 Days Login to change|
Payden Absolute Return Technical Analysis
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Payden Absolute Return Trend AnalysisUse this graph to draw trend lines for Payden Absolute Return Bond USD Acc. You can use it to identify possible trend reversals for Payden Absolute as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Payden Absolute price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Payden Absolute Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Payden Absolute Return Bond USD Acc applied against its price change over selected period. The best fit line has a slop of ? % . It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Payden Absolute price change compared to its average price change.
|Risk Adjusted Performance||0.2627|
|Coefficient Of Variation||430.5|
|Total Risk Alpha||0.0111|
|Value At Risk||(0.09)|