PRAXAIR INC 355 Performance
| 74005PBD5 | 79.91 0.07 0.09% |
The bond owns a Beta (Systematic Risk) of -0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PRAXAIR are expected to decrease at a much lower rate. During the bear market, PRAXAIR is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days PRAXAIR INC 355 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unfluctuating performance, the Bond's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for PRAXAIR INC 355 investors. ...more
| Yield To Maturity | 5.781 |
PRAXAIR |
PRAXAIR Relative Risk vs. Return Landscape
If you would invest 8,373 in PRAXAIR INC 355 on August 24, 2024 and sell it today you would lose (382.00) from holding PRAXAIR INC 355 or give up 4.56% of portfolio value over 90 days. PRAXAIR INC 355 is generating negative expected returns and assumes 0.66% volatility on return distribution over the 90 days horizon. Simply put, 5% of bonds are less volatile than PRAXAIR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
PRAXAIR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PRAXAIR's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as PRAXAIR INC 355, and traders can use it to determine the average amount a PRAXAIR'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 = -0.1781
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| Negative Returns | 74005PBD5 |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PRAXAIR 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 PRAXAIR by adding PRAXAIR to a well-diversified portfolio.
About PRAXAIR Performance
By analyzing PRAXAIR's fundamental ratios, stakeholders can gain valuable insights into PRAXAIR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PRAXAIR 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 PRAXAIR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| PRAXAIR INC 355 generated a negative expected return over the last 90 days |
Other Information on Investing in PRAXAIR Bond
PRAXAIR financial ratios help investors to determine whether PRAXAIR 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 PRAXAIR with respect to the benefits of owning PRAXAIR security.