NUE 2979 15 DEC 55 Performance

670346AU9   69.38  0.00  0.00%   
The bond shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 670346AU9 are expected to decrease at a much lower rate. During the bear market, 670346AU9 is likely to outperform the market.

Risk-Adjusted Performance

4 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in NUE 2979 15 DEC 55 are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent basic indicators, 670346AU9 may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
  

670346AU9 Relative Risk vs. Return Landscape

If you would invest  6,551  in NUE 2979 15 DEC 55 on September 24, 2024 and sell it today you would earn a total of  388.00  from holding NUE 2979 15 DEC 55 or generate 5.92% return on investment over 90 days. NUE 2979 15 DEC 55 is generating 0.1543% of daily returns and assumes 2.9405% volatility on return distribution over the 90 days horizon. Simply put, 26% of bonds are less volatile than 670346AU9, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon 670346AU9 is expected to generate 3.66 times more return on investment than the market. However, the company is 3.66 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.03 per unit of risk.

670346AU9 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for 670346AU9's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as NUE 2979 15 DEC 55, and traders can use it to determine the average amount a 670346AU9'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 = 0.0525

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Estimated Market Risk

 2.94
  actual daily
26
74% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average 670346AU9 is performing at about 4% 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 670346AU9 by adding it to a well-diversified portfolio.

About 670346AU9 Performance

By analyzing 670346AU9's fundamental ratios, stakeholders can gain valuable insights into 670346AU9's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 670346AU9 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 670346AU9 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.