Payden Corporate Market Risk Adjusted Performance

PYAYX Fund   9.90  0.03  0.30%   
Technical inputs supporting the Market Risk Adjusted Performance indicator for Payden Corporate Bond are shown here. Values are derived from historical price and volume observations. Availability can differ across markets, exchanges, and instruments. Additional screening context is available through Equity Screeners. For portfolio construction context, review Your Equity Center. Diversification context helps frame allocation across holdings. The construction of a diversified portfolio involves managing position exposure. All values are presented as reference data. This captures an allocation to Payden Corporate Bond. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. All content is derived from available inputs and carries no advisory implication. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in private.
Payden Corporate Bond has current Market Risk Adjusted Performance of 0.1903.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.1903
ER[a] = Expected return on investing in Payden Corporate
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Market Risk Adjusted Performance Peers Comparison

Market Risk Adjusted Performance Relative To Other Indicators

Payden Corporate Bond is rated second in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 6.33 of Maximum Drawdown per Market Risk Adjusted Performance.
Compare Payden Corporate to Peers

Other Technical Indicators