BANC ONE P Profile
BANC ONE CORP 7.625 percent 15Oct2026 is a Corporate bonds world rest issued by JPMorgan Chase Co. on the 24th of October 1996. The bond matures on the 15th of October 2026 and carries the semi-annual coupon of 7.625%. 059438AH4 is trading at 106.21 as of the 25th of April 2024, a No Change since the beginning of the trading day. The bond's open price was 106.21. Ratings for BANC ONE P are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
059438AH4 Bond Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. 059438AH4's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 059438AH4 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | BANC ONE P Corporate Bond, Financial, Banking (View all Sectors) |
| Bond Type | Corporate bonds world rest |
| Issuer | JPMorgan Chase Co. |
| Sub Product Asset | CORP |
| Coupon Payment Frequency | Semi-Annual |
| Callable | No |
| Sub Product Asset Type | Corporate Bond |
| Name | BANC ONE CORP 7.625 percent 15Oct2026 |
| C U S I P | 059438AH4 |
| First Trading Day | 29th of October 1996 |
| Offering Date | 24th of October 1996 |
| Coupon | 7.625 |
| Debt Type | Subordinated Unsecured Debenture |
| Issue Date | 29th of October 1996 |
| I S I N | US059438AH41 |
| Issuer Country | Banks |
| Yield To Maturity | 5.803 |
| Price | 105 |
| First Coupon Date | 15th of April 1997 |
| W K N | A0CYPQ |
| Maturity Date | 15th of October 2026 |
BANC ONE P (059438AH4) is traded in USA.
059438AH4 Against Markets
Picking the right benchmark for 059438AH4 bond is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in 059438AH4 bond price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for 059438AH4 is critical whether you are bullish or bearish towards BANC ONE P at a given time. Please also check how 059438AH4's historical prices are related to one of the top price index indicators.
059438AH4 Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 059438AH4 bond to make a market-neutral strategy. Peer analysis of 059438AH4 could also be used in its relative valuation, which is a method of valuing 059438AH4 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy 059438AH4 Bond?
Before investing in 059438AH4, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in 059438AH4. To buy 059438AH4 bond, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 059438AH4. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase 059438AH4 bond. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BANC ONE P bond in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BANC ONE P bond, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the bond
It's important to note that investing in stocks, such as BANC ONE P, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in bond prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in BANC ONE P?
The danger of trading BANC ONE P is mainly related to its market volatility and Corporate Bond specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of 059438AH4 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than 059438AH4. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BANC ONE P is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any corporate bond could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the BANC ONE P information on this page should be used as a complementary analysis to other 059438AH4's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.