Payden Corporate Bond Fund Net Asset
| PYAYX Fund | 9.99 0.05 0.50% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Payden Corporate's long-term financial health and intrinsic value.
Payden |
Payden Corporate Bond Mutual Fund Net Asset Analysis
Payden Corporate's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Payden Corporate Net Asset | 394.11 M |
Most of Payden Corporate's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Payden Corporate Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Payden Corporate Bond has a Net Asset of 394.11 M. This is much higher than that of the Paydenfunds family and significantly higher than that of the Corporate Bond category. The net asset for all United States funds is notably lower than that of the firm.
Payden Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Payden Corporate's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Payden Corporate could also be used in its relative valuation, which is a method of valuing Payden Corporate by comparing valuation metrics of similar companies.Payden Corporate is currently under evaluation in net asset among similar funds.
Payden Fundamentals
| Annual Yield | 0.04 % | ||||
| Net Asset | 394.11 M |
About Payden Corporate Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Payden Corporate Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Payden Corporate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Payden Corporate Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Payden Mutual Fund
Payden Corporate 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 Corporate security.
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