Payden USD (Ireland) Manager Performance Evaluation

F00000SGGM -- Ireland Fund  

USD 11.03  0.02  0.18%

The fund holds Beta of 0.0456 which implies as returns on market increase, Payden USD returns are expected to increase less than the market. However during bear market, the loss on holding Payden USD will be expected to be smaller as well.. Even though it is essential to pay attention to Payden USD Low current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Payden USD Low exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Payden USD Low Relative Risk vs. Return Landscape

If you would invest  1,107  in Payden USD Low Duration Credit USD Acc on November 11, 2018 and sell it today you would lose (4.00)  from holding Payden USD Low Duration Credit USD Acc or give up 0.36% of portfolio value over 30 days. Payden USD Low Duration Credit USD Acc is generating negative expected returns and assumes 0.2086% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than Payden USD Low Duration Credit USD Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Payden USD Low Duration Credit USD Acc is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 6.27 times less risky than the market. the firm trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.06 of returns per unit of risk over similar time horizon.

Payden USD Current Valuation

Not valued
December 11, 2018
11.03
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Payden USD is Unknown risk asset. Payden USD Low recent Real Value cannot be determined due to lack of data. The prevailing price of Payden USD Low is $11.03. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Payden USD Low from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.

Payden USD Market Risk Analysis

Sharpe Ratio = -0.5774
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Payden USD Relative Performance Indicators

Estimated Market Risk
 0.21
  actual daily
 
 1 %
of total potential
 
1
Expected Return
 -0.12
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 -0.58
  actual daily
 
 0 %
of total potential
 
0
Based on monthly moving average Payden USD is performing at about 0% 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 USD by adding it to a well-diversified portfolio.

Payden USD Performance Rating

Payden USD Low Duration Credit USD Acc Risk Adjusted Performance Analysis

0

Risk-Adjusted Fund Performance

Over the last 30 days Payden USD Low Duration Credit USD Acc has generated negative risk-adjusted returns adding no value to fund investors.

Payden USD Alerts

Equity Alerts and Improvement Suggestions

Payden USD Low is not yet fully synchronised with the market data
Payden USD Low generates negative expected return over the last 30 days
The fund retains all of the assets under management (AUM) in different types of exotic instruments
Additionally see Investing Opportunities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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