DOW has a standard deviation of returns of 0.44 and is 9.223372036854776E16 times more volatile than Payden Absolute Return Bond GBP Acc. 0%
of all equities and portfolios are less risky than Payden Absolute. Compared to the overall equity markets, volatility of historical daily returns of Payden Absolute Return Bond GBP Acc is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use Payden Absolute Return Bond GBP Acc to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of Payden Absolute to be traded at p;0.0 in 30 days
. As returns on market increase, returns on owning Payden Absolute are expected to decrease at a much smaller rate. During bear market, Payden Absolute is likely to outperform the market.
Payden Absolute correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Payden Absolute Return Bond GB and equity matching DJI index in the same portfolio.