SPECTRA ENERGY PARTNERS Performance

84756NAG4   81.46  4.61  5.36%   
The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPECTRA are expected to decrease at a much lower rate. During the bear market, SPECTRA is likely to outperform the market.

Risk-Adjusted Performance

0 of 100

 
Weak
 
Strong
Very Weak
Over the last 90 days SPECTRA ENERGY PARTNERS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, SPECTRA is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Yield To Maturity6.623
  

SPECTRA Relative Risk vs. Return Landscape

If you would invest  8,753  in SPECTRA ENERGY PARTNERS on September 6, 2024 and sell it today you would earn a total of  24.00  from holding SPECTRA ENERGY PARTNERS or generate 0.27% return on investment over 90 days. SPECTRA ENERGY PARTNERS is generating 0.0083% of daily returns and assumes 0.7769% volatility on return distribution over the 90 days horizon. Simply put, 6% of bonds are less volatile than SPECTRA, and 99% 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 SPECTRA is expected to generate 21.28 times less return on investment than the market. In addition to that, the company is 1.05 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.24 per unit of volatility.

SPECTRA Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for SPECTRA's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as SPECTRA ENERGY PARTNERS, and traders can use it to determine the average amount a SPECTRA'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 = 0.0107

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns84756NAG4

Estimated Market Risk

 0.78
  actual daily
6
94% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average SPECTRA is not performing at its full potential. However, 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 SPECTRA by adding SPECTRA to a well-diversified portfolio.

About SPECTRA Performance

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