Payden Equity Income Fund Technical Analysis

Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Payden Equity, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze zero technical drivers for Payden Equity Income, which can be compared to its competitors.

Payden Equity Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Payden, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Payden
  
Payden Equity's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Payden Equity 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 Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Payden Equity 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...

Payden Equity Income Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Payden Equity Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Payden Equity Income Trend Analysis

Use this graph to draw trend lines for Payden Equity Income. You can use it to identify possible trend reversals for Payden Equity as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Payden Equity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Payden Equity Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Payden Equity Income applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Payden Equity Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 27.74, which is the sum of squared deviations for the predicted Payden Equity price change compared to its average price change.

About Payden Equity Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Payden Equity Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Payden Equity Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Payden Equity Income price pattern first instead of the macroeconomic environment surrounding Payden Equity Income. By analyzing Payden Equity's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Payden Equity's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Payden Equity specific price patterns or momentum indicators. Please read more on our technical analysis page.

Payden Equity March 28, 2024 Technical Indicators

Most technical analysis of Payden help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Payden from various momentum indicators to cycle indicators. When you analyze Payden charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Payden Equity Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Payden Equity Income information on this page should be used as a complementary analysis to other Payden Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Payden Mutual Fund analysis

When running Payden Equity's price analysis, check to measure Payden Equity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Payden Equity is operating at the current time. Most of Payden Equity's value examination focuses on studying past and present price action to predict the probability of Payden Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Payden Equity's price. Additionally, you may evaluate how the addition of Payden Equity to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Payden Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Payden Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Payden Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.