CoreCivic 475 percent Performance
| 21871NAA9 | 94.34 3.38 3.46% |
The bond shows a Beta (market volatility) of -0.0205, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CoreCivic are expected to decrease at a much lower rate. During the bear market, CoreCivic is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days CoreCivic 475 percent has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, CoreCivic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Yield To Maturity | 8.453 |
CoreCivic |
CoreCivic Relative Risk vs. Return Landscape
If you would invest 9,498 in CoreCivic 475 percent on September 2, 2024 and sell it today you would lose (64.00) from holding CoreCivic 475 percent or give up 0.67% of portfolio value over 90 days. CoreCivic 475 percent is generating negative expected returns and assumes 0.977% volatility on return distribution over the 90 days horizon. Simply put, 8% of bonds are less volatile than CoreCivic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CoreCivic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CoreCivic's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as CoreCivic 475 percent, and traders can use it to determine the average amount a CoreCivic'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 = -0.0063
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 21871NAA9 |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CoreCivic 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 CoreCivic by adding CoreCivic to a well-diversified portfolio.
About CoreCivic Performance
By analyzing CoreCivic's fundamental ratios, stakeholders can gain valuable insights into CoreCivic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CoreCivic 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 CoreCivic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| CoreCivic generated a negative expected return over the last 90 days |
Other Information on Investing in CoreCivic Bond
CoreCivic financial ratios help investors to determine whether CoreCivic 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 CoreCivic with respect to the benefits of owning CoreCivic security.