|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.00 ||30 days|| 0.00 || ABOUT 91.21%|
Based on normal probability distribution, the odds of Payden USD to move above current price in 30 days from now is about 91.21% (This Payden USD Low Duration Credit USD Acc probability density function shows the probability of Payden USD Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Payden USD has beta of 0.0275 suggesting as returns on market go up, Payden USD average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Payden USD Low Duration Credit USD Acc will be expected to be much smaller as well. Additionally Payden USD Low Duration Credit USD Acc has an alpha of 0.0322 implying that it can potentially generate 0.0322% excess return over DOW after adjusting for the inherited market risk (beta).
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