Payden Absolute Return Fund Price History

PYAIX Fund  USD 9.50  0.02  0.21%   
Below is the normalized historical share price chart for Payden Absolute Return extending back to November 06, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Payden Absolute stands at 9.50, as last reported on the 12th of December 2024, with the highest price reaching 9.50 and the lowest price hitting 9.50 during the day.
 
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If you're considering investing in Payden Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Payden Mutual Fund to be very steady. Payden Absolute Return maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Payden Absolute Return, which you can use to evaluate the volatility of the fund. Please check Payden Absolute's Semi Deviation of 0.0561, coefficient of variation of 914.74, and Risk Adjusted Performance of 0.0345 to confirm if the risk estimate we provide is consistent with the expected return of 0.0135%.
  
Payden Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1008

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Estimated Market Risk

 0.13
  actual daily
1
99% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Payden Absolute is performing at about 7% 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 Absolute by adding it to a well-diversified portfolio.

Payden Absolute Mutual Fund Price History Chart

There are several ways to analyze Payden Absolute Return Fund price data. The simplest method is using a basic Payden candlestick price chart, which shows Payden Absolute price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 13, 20249.55
Lowest PriceSeptember 17, 20249.44

Payden Absolute December 12, 2024 Mutual Fund Price Synopsis

Various analyses of Payden Absolute's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Payden Mutual Fund. It can be used to describe the percentage change in the price of Payden Absolute from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Payden Mutual Fund.
Payden Absolute Price Rate Of Daily Change 1.00 
Payden Absolute Price Action Indicator 0.01 

Payden Absolute December 12, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Payden Absolute Return Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Payden Absolute intraday prices and daily technical indicators to check the level of noise trading in Payden Absolute Return Fund and then apply it to test your longer-term investment strategies against Payden.

Payden Mutual Fund Price History Data

The price series of Payden Absolute for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 has a statistical range of 0.15 with a coefficient of variation of 0.39. The price distribution for the period has arithmetic mean of 9.49. The median price for the last 90 days is 9.5. The company had dividends distributed to its stock-holders on 29th of September 2021.
OpenHighLowCloseVolume
12/12/2024
 9.50  9.50  9.50  9.50 
12/10/2024 9.50  9.50  9.50  9.50  1.00 
12/09/2024 9.50  9.50  9.50  9.50  1.00 
12/06/2024 9.50  9.50  9.50  9.50  1.00 
12/05/2024 9.48  9.48  9.48  9.48  1.00 
12/04/2024 9.49  9.49  9.49  9.49  1.00 
12/03/2024 9.48  9.48  9.48  9.48  1.00 
12/02/2024 9.47  9.47  9.47  9.47  1.00 
11/29/2024 9.47  9.47  9.47  9.47  1.00 
11/27/2024 9.46  9.46  9.46  9.46  1.00 
11/26/2024 9.54  9.54  9.54  9.54  1.00 
11/25/2024 9.54  9.54  9.54  9.54  1.00 
11/22/2024 9.54  9.54  9.54  9.54  1.00 
11/21/2024 9.54  9.54  9.54  9.54  1.00 
11/20/2024 9.54  9.54  9.54  9.54  1.00 
11/19/2024 9.55  9.55  9.55  9.55  1.00 
11/18/2024 9.54  9.54  9.54  9.54  1.00 
11/15/2024 9.54  9.54  9.54  9.54  1.00 
11/14/2024 9.54  9.54  9.54  9.54  1.00 
11/13/2024 9.55  9.55  9.55  9.55  1.00 
11/12/2024 9.53  9.53  9.53  9.53  1.00 
11/11/2024 9.53  9.53  9.53  9.53  1.00 
11/08/2024 9.53  9.53  9.53  9.53  1.00 
11/07/2024 9.54  9.54  9.54  9.54  1.00 
11/06/2024 9.53  9.53  9.53  9.53  1.00 
11/05/2024 9.52  9.52  9.52  9.52  1.00 
11/04/2024 9.53  9.53  9.53  9.53  1.00 
11/01/2024 9.52  9.52  9.52  9.52  1.00 
10/31/2024 9.52  9.52  9.52  9.52  1.00 
10/30/2024 9.51  9.51  9.51  9.51  1.00 
10/29/2024 9.51  9.51  9.51  9.51  1.00 
10/28/2024 9.51  9.51  9.51  9.51  1.00 
10/25/2024 9.51  9.51  9.51  9.51  1.00 
10/24/2024 9.50  9.50  9.50  9.50  1.00 
10/23/2024 9.50  9.50  9.50  9.50  1.00 
10/22/2024 9.51  9.51  9.51  9.51  1.00 
10/21/2024 9.51  9.51  9.51  9.51  1.00 
10/18/2024 9.51  9.51  9.51  9.51  1.00 
10/17/2024 9.51  9.51  9.51  9.51  1.00 
10/16/2024 9.50  9.50  9.50  9.50  1.00 
10/15/2024 9.50  9.50  9.50  9.50  1.00 
10/14/2024 9.51  9.51  9.51  9.51  1.00 
10/11/2024 9.50  9.50  9.50  9.50  1.00 
10/10/2024 9.50  9.50  9.50  9.50  1.00 
10/09/2024 9.49  9.49  9.49  9.49  1.00 
10/08/2024 9.49  9.49  9.49  9.49  1.00 
10/07/2024 9.49  9.49  9.49  9.49  1.00 
10/04/2024 9.49  9.49  9.49  9.49  1.00 
10/03/2024 9.49  9.49  9.49  9.49  1.00 
10/02/2024 9.48  9.48  9.48  9.48  1.00 
10/01/2024 9.48  9.48  9.48  9.48  1.00 
09/30/2024 9.48  9.48  9.48  9.48  1.00 
09/27/2024 9.47  9.47  9.47  9.47  1.00 
09/26/2024 9.47  9.47  9.47  9.47  1.00 
09/25/2024 9.47  9.47  9.47  9.47  1.00 
09/24/2024 9.47  9.47  9.47  9.47  1.00 
09/23/2024 9.47  9.47  9.47  9.47  1.00 
09/20/2024 9.47  9.47  9.47  9.47  1.00 
09/19/2024 9.47  9.47  9.47  9.47  1.00 
09/18/2024 9.45  9.45  9.45  9.45  1.00 
09/17/2024 9.44  9.44  9.44  9.44  1.00 

About Payden Absolute Mutual Fund history

Payden Absolute investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Payden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Payden Absolute Return will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Payden Absolute stock prices may prove useful in developing a viable investing in Payden Absolute
Under normal market conditions, the fund will invest at least 80 percent of its investable assets in bonds or investments that provide exposure to bonds. The funds absolute return strategy seeks to have positive absolute returns over the long term, regardless of different market environments. To achieve this goal, the fund seeks to provide total return, whether through price appreciation, or income, or a combination of both.

Payden Absolute Mutual Fund Technical Analysis

Payden Absolute technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Payden Absolute technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Payden Absolute trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Payden Absolute Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Payden Absolute's price direction in advance. Along with the technical and fundamental analysis of Payden Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Payden to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Payden Mutual Fund

Payden Absolute financial ratios help investors to determine whether Payden Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Payden with respect to the benefits of owning Payden Absolute security.
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