ASHTEAD CAP INC Performance
| 045054AJ2 | 92.38 4.72 4.86% |
The bond shows a Beta (market volatility) of -0.0333, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ASHTEAD are expected to decrease at a much lower rate. During the bear market, ASHTEAD is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ASHTEAD CAP INC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Bond's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for ASHTEAD CAP INC investors. ...more
| Yield To Maturity | 6.264 |
ASHTEAD |
ASHTEAD Relative Risk vs. Return Landscape
If you would invest 9,676 in ASHTEAD CAP INC on September 2, 2024 and sell it today you would lose (438.00) from holding ASHTEAD CAP INC or give up 4.53% of portfolio value over 90 days. ASHTEAD CAP INC is generating negative expected returns and assumes 0.8535% volatility on return distribution over the 90 days horizon. Simply put, 7% of bonds are less volatile than ASHTEAD, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ASHTEAD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASHTEAD's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as ASHTEAD CAP INC, and traders can use it to determine the average amount a ASHTEAD'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 = -0.1464
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| Negative Returns | 045054AJ2 |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ASHTEAD 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 ASHTEAD by adding ASHTEAD to a well-diversified portfolio.
About ASHTEAD Performance
By analyzing ASHTEAD's fundamental ratios, stakeholders can gain valuable insights into ASHTEAD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ASHTEAD 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 ASHTEAD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| ASHTEAD CAP INC generated a negative expected return over the last 90 days | |
| Latest headline from globenewswire.com: PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 |
Other Information on Investing in ASHTEAD Bond
ASHTEAD financial ratios help investors to determine whether ASHTEAD 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 ASHTEAD with respect to the benefits of owning ASHTEAD security.