ENBCN 16 04 OCT 26 Performance
| 29250NBH7 | 94.72 0.09 0.1% |
The bond owns a Beta (Systematic Risk) of -0.0632, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ENBCN are expected to decrease at a much lower rate. During the bear market, ENBCN is likely to outperform the market.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in ENBCN 16 04 OCT 26 are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, ENBCN is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
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ENBCN Relative Risk vs. Return Landscape
If you would invest 9,441 in ENBCN 16 04 OCT 26 on September 3, 2024 and sell it today you would earn a total of 31.00 from holding ENBCN 16 04 OCT 26 or generate 0.33% return on investment over 90 days. ENBCN 16 04 OCT 26 is generating 0.0055% of daily returns and assumes 0.112% volatility on return distribution over the 90 days horizon. Simply put, 0% of bonds are less volatile than ENBCN, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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ENBCN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENBCN's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as ENBCN 16 04 OCT 26, and traders can use it to determine the average amount a ENBCN'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 = 0.0493
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| 29250NBH7 |
Based on monthly moving average ENBCN is performing at about 3% 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 ENBCN by adding it to a well-diversified portfolio.
About ENBCN Performance
By analyzing ENBCN's fundamental ratios, stakeholders can gain valuable insights into ENBCN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ENBCN 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 ENBCN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.