Occidental Petroleum 44 Performance
| 674599CY9 | 74.09 0.85 1.16% |
The bond holds a Beta of 0.9, which implies possible diversification benefits within a given portfolio. Occidental returns are very sensitive to returns on the market. As the market goes up or down, Occidental is expected to follow.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Occidental Petroleum 44 are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Occidental is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Yield To Maturity | 7.103 |
Occidental |
Occidental Relative Risk vs. Return Landscape
If you would invest 7,727 in Occidental Petroleum 44 on August 28, 2024 and sell it today you would earn a total of 202.00 from holding Occidental Petroleum 44 or generate 2.61% return on investment over 90 days. Occidental Petroleum 44 is generating 0.071% of daily returns and assumes 1.6034% volatility on return distribution over the 90 days horizon. Simply put, 14% of bonds are less volatile than Occidental, 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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Occidental Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Occidental's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as Occidental Petroleum 44, and traders can use it to determine the average amount a Occidental'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 = 0.0443
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| Cash | Small Risk | 674599CY9 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Occidental 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 Occidental by adding it to a well-diversified portfolio.
About Occidental Performance
By analyzing Occidental's fundamental ratios, stakeholders can gain valuable insights into Occidental's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Occidental 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 Occidental has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.