ATH 2646 04 OCT 31 Performance
| 04685A3E9 | 80.42 3.93 4.66% |
The bond shows a Beta (market volatility) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 04685A3E9 are expected to decrease at a much lower rate. During the bear market, 04685A3E9 is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ATH 2646 04 OCT 31 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 December 2024. The current disturbance may also be a sign of long term up-swing for ATH 2646 04 OCT 31 investors. ...more
04685A3E9 |
04685A3E9 Relative Risk vs. Return Landscape
If you would invest 8,597 in ATH 2646 04 OCT 31 on August 28, 2024 and sell it today you would lose (1,261) from holding ATH 2646 04 OCT 31 or give up 14.67% of portfolio value over 90 days. ATH 2646 04 OCT 31 is generating negative expected returns and assumes 2.7722% volatility on return distribution over the 90 days horizon. Simply put, 24% of bonds are less volatile than 04685A3E9, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
04685A3E9 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 04685A3E9's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as ATH 2646 04 OCT 31, and traders can use it to determine the average amount a 04685A3E9'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 = -0.1366
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| Negative Returns | 04685A3E9 |
Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 04685A3E9 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 04685A3E9 by adding 04685A3E9 to a well-diversified portfolio.
About 04685A3E9 Performance
By analyzing 04685A3E9's fundamental ratios, stakeholders can gain valuable insights into 04685A3E9's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 04685A3E9 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 04685A3E9 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| ATH 2646 04 generated a negative expected return over the last 90 days |
Other Information on Investing in 04685A3E9 Bond
04685A3E9 financial ratios help investors to determine whether 04685A3E9 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 04685A3E9 with respect to the benefits of owning 04685A3E9 security.