AEP TEX INC Performance
| 00108WAF7 | 82.21 11.08 15.58% |
The bond shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 00108WAF7's returns are expected to increase less than the market. However, during the bear market, the loss of holding 00108WAF7 is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in AEP TEX INC are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, 00108WAF7 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Yield To Maturity | 6.437 |
00108WAF7 |
00108WAF7 Relative Risk vs. Return Landscape
If you would invest 7,377 in AEP TEX INC on January 26, 2024 and sell it today you would earn a total of 103.00 from holding AEP TEX INC or generate 1.4% return on investment over 90 days. AEP TEX INC is generating 0.0696% of daily returns and assumes 2.8858% volatility on return distribution over the 90 days horizon. Simply put, 25% of bonds are less volatile than 00108WAF7, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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00108WAF7 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 00108WAF7's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as AEP TEX INC, and traders can use it to determine the average amount a 00108WAF7'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 = 0.0241
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average 00108WAF7 is performing at about 1% 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 00108WAF7 by adding it to a well-diversified portfolio.
About 00108WAF7 Performance
To evaluate AEP TEX INC Bond as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when 00108WAF7 generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare 00108WAF7 Bond's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand AEP TEX INC market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 00108WAF7's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.