CATERPILLAR INC Profile
| 149123CF6 | 68.21 0.00 0.00% |
Performance0 of 100
| Odds Of DefaultLess than 41
|
CATERPILLAR INC 3.25 percent 19Sep2049 is a Senior Unsecured Note issued by the corporate entity. CATERPILLAR is trading at 68.21 as of the 1st of May 2024, a No Change since the beginning of the trading day. The bond's open price was 68.212. CATERPILLAR has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Ratings for CATERPILLAR INC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2023 and ending today, the 1st of May 2024. Click here to learn more.
Moving against CATERPILLAR Bond
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CATERPILLAR 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. CATERPILLAR's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CATERPILLAR or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | CATERPILLAR INC Corporate Bond, Industrial, Manufacturing (View all Sectors) |
| Sub Product Asset | CORP |
| Next Call Date | 19th of March 2049 |
| Coupon Payment Frequency | Semi-Annual |
| Callable | Yes |
| Sub Product Asset Type | Corporate Bond |
| Name | CATERPILLAR INC 3.25 percent 19Sep2049 |
| C U S I P | 149123CF6 |
| Coupon | 3.25 |
| Debt Type | Senior Unsecured Note |
| I S I N | US149123CF65 |
| Yield To Maturity | 5.43 |
| Price | 69.85 |
CATERPILLAR INC (149123CF6) is traded in USA.
CATERPILLAR Target Price Odds Analysis
What are CATERPILLAR's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of CATERPILLAR jumping above the current price in 90 days from now is close to 99%. The CATERPILLAR INC probability density function shows the probability of CATERPILLAR bond to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the bond has a beta coefficient of 1.2384. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CATERPILLAR will likely underperform. Additionally, cATERPILLAR INC 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 CATERPILLAR to move above the current price in 90 days from now is close to 99 (This CATERPILLAR INC probability density function shows the probability of CATERPILLAR Bond to fall within a particular range of prices over 90 days) .
CATERPILLAR INC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. CATERPILLAR market risk premium is the additional return an investor will receive from holding CATERPILLAR 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 CATERPILLAR. 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 CATERPILLAR's alpha and beta are two of the key measurements used to evaluate CATERPILLAR's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.19 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.56 | |||
| Risk Adjusted Performance | (0.02) |
CATERPILLAR Against Markets
Picking the right benchmark for CATERPILLAR 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 CATERPILLAR 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 CATERPILLAR is critical whether you are bullish or bearish towards CATERPILLAR INC at a given time. Please also check how CATERPILLAR's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in CATERPILLAR without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy CATERPILLAR Bond?
Before investing in CATERPILLAR, 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 CATERPILLAR. To buy CATERPILLAR bond, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CATERPILLAR. 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 CATERPILLAR bond. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CATERPILLAR INC 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 CATERPILLAR INC 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 CATERPILLAR INC, 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 CATERPILLAR INC?
The danger of trading CATERPILLAR INC 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 CATERPILLAR 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 CATERPILLAR. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CATERPILLAR INC 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 CATERPILLAR INC. 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. For information on how to trade CATERPILLAR Bond refer to our How to Trade CATERPILLAR Bond guide.Note that the CATERPILLAR INC information on this page should be used as a complementary analysis to other CATERPILLAR'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.