Payden Absolute probability of target price tool provides mechanism to make assumptions about upside and downside potential of Payden Absolute Return Bond USD Acc performance during a given time horizon utilizing its historical volatility. Please specify Payden Absolute time horizon, a valid symbol (red box) and a target price (blue box) you would like Payden Absolute odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
Payden Absolute Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||OVER 95.96%|
Based on normal probability distribution, the odds of Payden Absolute to move above current price in 30 days from now is over 95.96% (This Payden Absolute Return Bond USD Acc probability density function shows the probability of Payden Absolute Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Payden Absolute has beta of 0.0 suggesting the returns on DOW and Payden Absolute do not appear to be highly reactive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
Payden Absolute Price Density
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|