US70082LAB36 Performance
| 70082LAB3 | 70.84 15.36 17.82% |
The bond owns a Beta (Systematic Risk) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 70082LAB3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 70082LAB3 is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days US70082LAB36 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Bond's basic indicators remain somewhat strong which may send shares a bit higher in June 2024. The current disturbance may also be a sign of long term up-swing for US70082LAB36 investors. ...more
| Yield To Maturity | 11.819 |
70082LAB3 |
70082LAB3 Relative Risk vs. Return Landscape
If you would invest 8,525 in US70082LAB36 on February 1, 2024 and sell it today you would lose (1,441) from holding US70082LAB36 or give up 16.9% of portfolio value over 90 days. US70082LAB36 is generating negative expected returns and assumes 3.2733% volatility on return distribution over the 90 days horizon. Simply put, 28% of bonds are less volatile than 70082LAB3, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
70082LAB3 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 70082LAB3's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as US70082LAB36, and traders can use it to determine the average amount a 70082LAB3's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.164
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| Negative Returns | 70082LAB3 |
Estimated Market Risk
| 3.27 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 70082LAB3 is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 70082LAB3 by adding 70082LAB3 to a well-diversified portfolio.
About 70082LAB3 Performance
To evaluate US70082LAB36 Bond as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when 70082LAB3 generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare 70082LAB3 Bond's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand US70082LAB36 market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 70082LAB3's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| US70082LAB36 generated a negative expected return over the last 90 days | |
| US70082LAB36 has high historical volatility and very poor performance |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US70082LAB36. Also, note that the market value of any corporate bond could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.