ONEOK INC NEW Performance
| 682680AT0 | 90.54 4.50 5.23% |
The bond holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, ONEOK's returns are expected to increase less than the market. However, during the bear market, the loss of holding ONEOK is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ONEOK INC NEW are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating basic indicators, ONEOK may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Yield To Maturity | 6.756 |
ONEOK |
ONEOK Relative Risk vs. Return Landscape
If you would invest 8,440 in ONEOK INC NEW on December 24, 2024 and sell it today you would earn a total of 503.00 from holding ONEOK INC NEW or generate 5.96% return on investment over 90 days. ONEOK INC NEW is generating 0.1456% of daily returns and assumes 1.5019% volatility on return distribution over the 90 days horizon. Simply put, 13% of bonds are less volatile than ONEOK, and 98% 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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ONEOK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ONEOK's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as ONEOK INC NEW, and traders can use it to determine the average amount a ONEOK'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 = 0.097
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| Cash | Small Risk | 682680AT0 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.15 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ONEOK is performing at about 7% 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 ONEOK by adding it to a well-diversified portfolio.
About ONEOK Performance
By analyzing ONEOK's fundamental ratios, stakeholders can gain valuable insights into ONEOK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ONEOK 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 ONEOK has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.