Payden High Valuation

PYHRX Fund  USD 6.39  0.01  0.16%   
At this time, the fund appears to be overvalued. Payden High Income holds a recent Real Value of $5.87 per share. The prevailing price of the fund is $6.39. We determine the value of Payden High Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Overvalued
Today
6.39
Please note that Payden High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Payden High Income holds a recent Real Value of $5.87 per share. The prevailing price of the fund is $6.39. We determine the value of Payden High Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Payden High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  6.39 Real  5.87 Hype  6.39 Naive  6.41
The intrinsic value of Payden High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Payden High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
5.87
Real Value
7.03
Upside
Estimating the potential upside or downside of Payden High Income helps investors to forecast how Payden mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Payden High more accurately as focusing exclusively on Payden High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.326.376.41
Details
Hype
Prediction
LowEstimatedHigh
6.256.396.53
Details
Naive
Forecast
LowNext ValueHigh
6.266.416.55
Details

Payden High Total Value Analysis

Payden High Income is at this time projected to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Payden High fundamentals before making investing decisions based on enterprise value of the company

Payden High Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Payden suggests not a very effective usage of assets in December.

About Payden High Valuation

Our relative valuation model uses a comparative analysis of Payden High. We calculate exposure to Payden High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Payden High's related companies.
The fund invests in a wide variety of debt instruments and income-producing securities. It normally invests at least 80 percent of its total assets in corporate debt securities rated below investment grade. Below investment grade debt securities are rated below the four highest grades by at least one Nationally Recognized Statistical Rating Organization, or are securities that the funds adviser, Payden Rygel , determines to be of comparable quality.

Other Information on Investing in Payden Mutual Fund

Payden High 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 High security.
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