Altice France 6 Performance
| 02156TAA2 | 53.19 0.00 0.00% |
The bond shows a Beta (market volatility) of -7.17, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Altice are expected to decrease by larger amounts. On the other hand, during market turmoil, Altice is expected to outperform it.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Altice France 6 are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Altice sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Yield To Maturity | 26.027 |
Altice |
Altice Relative Risk vs. Return Landscape
If you would invest 3,200 in Altice France 6 on August 31, 2024 and sell it today you would earn a total of 3,775 from holding Altice France 6 or generate 117.97% return on investment over 90 days. Altice France 6 is generating 6.3757% of daily returns and assumes 34.568% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Altice on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Altice Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altice's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as Altice France 6, and traders can use it to determine the average amount a Altice'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 = 0.1844
| Best Portfolio | Best Equity | 02156TAA2 | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 34.57 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Altice is performing at about 14% of its full potential. 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 Altice by adding it to a well-diversified portfolio.
About Altice Performance
By analyzing Altice's fundamental ratios, stakeholders can gain valuable insights into Altice's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altice has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Altice has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Altice France 6 is way too risky over 90 days horizon | |
| Altice France 6 appears to be risky and price may revert if volatility continues | |
| Latest headline from gurufocus.com: 3D Systems Corp Reports Q3 2024 EPS of -0.12, Beating Estimates Revenue Misses at 112.9 Million |
Other Information on Investing in Altice Bond
Altice financial ratios help investors to determine whether Altice Bond 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 Altice with respect to the benefits of owning Altice security.