US70082LAB36 Profile
| 70082LAB3 | 70.84 15.92 18.35% |
Performance0 of 100
| Odds Of DefaultLess than 35
|
PARK RIV HLDGS INC 6.75 percent 01Aug2029 is a Senior Unsecured Note issued by the corporate entity on the 26th of May 2021. 70082LAB3 is trading at 70.84 as of the 24th of April 2024, a -18.35 percent decrease since the beginning of the trading day. The bond's open price was 86.76. 70082LAB3 has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Ratings for US70082LAB36 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2023 and ending today, the 24th of April 2024. Click here to learn more.
Moving together with 70082LAB3 Bond
| 0.77 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.75 | GE | GE Aerospace Buyout Trend | PairCorr |
Moving against 70082LAB3 Bond
| 0.6 | BA | Boeing Earnings Call Today | PairCorr |
| 0.48 | 00108WAF7 | AEP TEX INC | PairCorr |
| 0.44 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
70082LAB3 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. 70082LAB3's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 70082LAB3 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | US70082LAB36 Corporate Bond, Financial, Banking (View all Sectors) |
| Sub Product Asset | CORP |
| Next Call Date | 1st of August 2024 |
| Coupon Payment Frequency | Semi-Annual |
| Callable | Yes |
| Sub Product Asset Type | Corporate Bond |
| Name | PARK RIV HLDGS INC 6.75 percent 01Aug2029 |
| C U S I P | 70082LAB3 |
| Offering Date | 26th of May 2021 |
| Coupon | 6.75 |
| Debt Type | Senior Unsecured Note |
| I S I N | US70082LAB36 |
| Yield To Maturity | 11.819 |
| Price | 79.05 |
US70082LAB36 (70082LAB3) is traded in USA.
70082LAB3 Target Price Odds Analysis
What are 70082LAB3's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of 70082LAB3 jumping above the current price in 90 days from now is close to 99%. The US70082LAB36 probability density function shows the probability of 70082LAB3 bond to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon US70082LAB36 has a beta of -0.2941. This usually implies as returns on the benchmark increase, returns on holding 70082LAB3 are expected to decrease at a much lower rate. During a bear market, however, US70082LAB36 is likely to outperform the market. Additionally, uS70082LAB36 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of 70082LAB3 to move above the current price in 90 days from now is close to 99 (This US70082LAB36 probability density function shows the probability of 70082LAB3 Bond to fall within a particular range of prices over 90 days) .
US70082LAB36 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. 70082LAB3 market risk premium is the additional return an investor will receive from holding 70082LAB3 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 70082LAB3. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although 70082LAB3's alpha and beta are two of the key measurements used to evaluate 70082LAB3's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9968 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.37 | |||
| Risk Adjusted Performance | (0.04) |
70082LAB3 Against Markets
Picking the right benchmark for 70082LAB3 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 70082LAB3 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 70082LAB3 is critical whether you are bullish or bearish towards US70082LAB36 at a given time. Please also check how 70082LAB3's historical prices are related to one of the top price index indicators.
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| All Next | Launch Module |
How to buy 70082LAB3 Bond?
Before investing in 70082LAB3, 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 70082LAB3. To buy 70082LAB3 bond, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 70082LAB3. 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 70082LAB3 bond. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located US70082LAB36 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 US70082LAB36 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 US70082LAB36, 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 US70082LAB36?
The danger of trading US70082LAB36 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 70082LAB3 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 70082LAB3. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile US70082LAB36 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, which includes a position in US70082LAB36. 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 board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.