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
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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