ONCOR ELEC DELIVERY Performance
| 68233JBG8 | 88.47 6.17 7.50% |
The bond owns a Beta (Systematic Risk) of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ONCOR's returns are expected to increase less than the market. However, during the bear market, the loss of holding ONCOR is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ONCOR ELEC DELIVERY are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat fragile basic indicators, ONCOR sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Yield To Maturity | 5.850 |
ONCOR |
ONCOR Relative Risk vs. Return Landscape
If you would invest 8,327 in ONCOR ELEC DELIVERY on August 30, 2024 and sell it today you would earn a total of 764.00 from holding ONCOR ELEC DELIVERY or generate 9.17% return on investment over 90 days. ONCOR ELEC DELIVERY is generating 0.2317% of daily returns and assumes 1.5881% volatility on return distribution over the 90 days horizon. Simply put, 14% of bonds are less volatile than ONCOR, and 96% 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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ONCOR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ONCOR's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as ONCOR ELEC DELIVERY, and traders can use it to determine the average amount a ONCOR'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 = 0.1459
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average ONCOR is performing at about 11% 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 ONCOR by adding it to a well-diversified portfolio.
About ONCOR Performance
By analyzing ONCOR's fundamental ratios, stakeholders can gain valuable insights into ONCOR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ONCOR 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 ONCOR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.