PARKER HANNIFIN P 41 Performance
| 701094AL8 | 76.43 0.00 0.00% |
The entity holds a Beta of -0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PARKER are expected to decrease at a much lower rate. During the bear market, PARKER is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days PARKER HANNIFIN P 41 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Bond's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for PARKER HANNIFIN P 41 investors. ...more
| Yield To Maturity | 5.889 |
PARKER |
PARKER Relative Risk vs. Return Landscape
If you would invest 8,810 in PARKER HANNIFIN P 41 on September 12, 2024 and sell it today you would lose (1,167) from holding PARKER HANNIFIN P 41 or give up 13.25% of portfolio value over 90 days. PARKER HANNIFIN P 41 is generating negative expected returns and assumes 2.0912% volatility on return distribution over the 90 days horizon. Simply put, 18% of bonds are less volatile than PARKER, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
PARKER Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PARKER's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as PARKER HANNIFIN P 41, and traders can use it to determine the average amount a PARKER'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 = -0.2153
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| Negative Returns | 701094AL8 |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PARKER 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 PARKER by adding PARKER to a well-diversified portfolio.
About PARKER Performance
By analyzing PARKER's fundamental ratios, stakeholders can gain valuable insights into PARKER's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PARKER 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 PARKER has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| PARKER HANNIFIN P generated a negative expected return over the last 90 days |
Other Information on Investing in PARKER Bond
PARKER financial ratios help investors to determine whether PARKER 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 PARKER with respect to the benefits of owning PARKER security.