The fund holds Beta of 0.0 which implies the returns on MARKET and Payden Global are completely uncorrelated. Although it is extremely important to respect Payden Global Emerg
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Payden Global Emerg technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Payden Global Emerg Relative Risk vs. Return Landscape
If you would invest 0.00
in Payden Global Emerg Mkt Bond GBP Acc on July 20, 2018
and sell it today you would earn a total of 0.00
from holding Payden Global Emerg Mkt Bond GBP Acc or generate 0.0%
return on investment over 30
days. Payden Global Emerg Mkt Bond GBP Acc is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Payden Global Emerg Mkt Bond GBP Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Payden Global Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Payden Global 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 Global
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Payden Global Emerg Mkt Bond GBP Acc has generated negative risk-adjusted returns adding no value to fund investors.
|Payden Global Emerg has some characteristics of a very speculative penny stock|
|The fund has annual holdings turnover of about 998.0% suggesting active trading|
|Payden Global Emerg Mkt Bond GBP Acc retains roughly 19.13% of its assets under management (AUM) in cash|