Patterson UTI Energy 515 Performance
| 703481AC5 | 97.63 1.39 1.40% |
The bond holds a Beta of -0.0427, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Patterson are expected to decrease at a much lower rate. During the bear market, Patterson is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Patterson UTI Energy 515 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Patterson is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Yield To Maturity | 6.947 |
Patterson |
Patterson Relative Risk vs. Return Landscape
If you would invest 9,952 in Patterson UTI Energy 515 on November 28, 2024 and sell it today you would lose (189.00) from holding Patterson UTI Energy 515 or give up 1.9% of portfolio value over 90 days. Patterson UTI Energy 515 is generating negative expected returns and assumes 0.5669% volatility on return distribution over the 90 days horizon. Simply put, 5% of bonds are less volatile than Patterson, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Patterson Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patterson's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as Patterson UTI Energy 515, and traders can use it to determine the average amount a Patterson'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 = -0.0545
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| Negative Returns | 703481AC5 |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patterson 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 Patterson by adding Patterson to a well-diversified portfolio.
About Patterson Performance
By analyzing Patterson's fundamental ratios, stakeholders can gain valuable insights into Patterson's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Patterson 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 Patterson has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Patterson UTI Energy generated a negative expected return over the last 90 days |
Other Information on Investing in Patterson Bond
Patterson financial ratios help investors to determine whether Patterson 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 Patterson with respect to the benefits of owning Patterson security.