Payden Corporate Bond Fund Year To Date Return
| PYAYX Fund | 9.89 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 Year To Date Return Analysis
Payden Corporate's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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Based on the company's disclosures, Payden Corporate Bond has a Year To Date Return of 0.0%. This indicator is about the same for the Paydenfunds average (which is currently at 0.0) family and about the same as Corporate Bond (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Payden Year To Date Return 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 Year To Date Return 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 year to date return among similar funds.
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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