ELV 58 15 AUG 40 Performance
| 94973VAT4 | 108.59 6.35 6.21% |
The bond shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 94973VAT4 are expected to decrease at a much lower rate. During the bear market, 94973VAT4 is likely to outperform the market.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in ELV 58 15 AUG 40 are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 94973VAT4 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
94973VAT4 |
94973VAT4 Relative Risk vs. Return Landscape
If you would invest 10,064 in ELV 58 15 AUG 40 on November 2, 2024 and sell it today you would earn a total of 795.00 from holding ELV 58 15 AUG 40 or generate 7.9% return on investment over 90 days. ELV 58 15 AUG 40 is generating 0.5001% of daily returns and assumes 3.3218% volatility on return distribution over the 90 days horizon. Simply put, 29% of bonds are less volatile than 94973VAT4, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
94973VAT4 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 94973VAT4's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as ELV 58 15 AUG 40, and traders can use it to determine the average amount a 94973VAT4'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 = 0.1505
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Estimated Market Risk
| 3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average 94973VAT4 is performing at about 11% 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 94973VAT4 by adding it to a well-diversified portfolio.
About 94973VAT4 Performance
By analyzing 94973VAT4's fundamental ratios, stakeholders can gain valuable insights into 94973VAT4's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 94973VAT4 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 94973VAT4 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| ELV 58 15 appears to be risky and price may revert if volatility continues |
Other Information on Investing in 94973VAT4 Bond
94973VAT4 financial ratios help investors to determine whether 94973VAT4 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 94973VAT4 with respect to the benefits of owning 94973VAT4 security.