Payden Absolute Valuation
| PYABX Fund | 9.46 0.01 0.11% |
Payden Absolute Return holds a recent Real Value of USD9.45 per share. The prevailing price of the fund is USD9.46. Our model determines the value of Payden Absolute Return from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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.
Fairly Valued
Today
Please note that Payden Absolute's price fluctuation is very steady at this time. Payden Absolute Return holds a recent Real Value of USD9.45 per share. The prevailing price of the fund is USD9.46. Our model determines the value of Payden Absolute Return from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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 Absolute is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden Absolute'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 9.46 | Real 9.45 | Hype 9.45 | Naive 9.45 |
The intrinsic value of Payden Absolute'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 Absolute'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.
Estimating the potential upside or downside of Payden Absolute Return 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 Absolute more accurately as focusing exclusively on Payden Absolute's fundamentals will not take into account other important factors: About Payden Absolute Valuation
Our relative valuation model uses a comparative analysis of Payden Absolute. We calculate exposure to Payden Absolute's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Payden Absolute's related companies.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.
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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