3M 3125 percent Profile
| 88579YAW1 | 73.26 7.12 10.77% |
Performance3 of 100
| Odds Of DefaultLess than 43
|
3M CO 3.125 percent 19Sep2046 is a Senior Unsecured Note issued by the corporate entity on the 14th of September 2016. 88579YAW1 is trading at 73.26 as of the 3rd of May 2024, a 10.77 percent increase since the beginning of the trading day. The bond's open price was 66.14. 88579YAW1 has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Ratings for 3M 3125 percent are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Moving against 88579YAW1 Bond
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| 0.68 | XOM | Exxon Mobil Corp Financial Report 26th of July 2024 | PairCorr |
| 0.61 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.57 | GM | General Motors | PairCorr |
| 0.57 | CRDF | Cardiff Oncology | PairCorr |
| 0.57 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.53 | CSL | Carlisle Companies | PairCorr |
88579YAW1 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. 88579YAW1's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 88579YAW1 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | 3M 3125 percent Corporate Bond, Industrial, Manufacturing (View all Sectors) |
| Sub Product Asset | CORP |
| Next Call Date | 19th of March 2046 |
| Coupon Payment Frequency | Semi-Annual |
| Callable | Yes |
| Sub Product Asset Type | Corporate Bond |
| Name | 3M CO 3.125 percent 19Sep2046 |
| C U S I P | 88579YAW1 |
| Offering Date | 14th of September 2016 |
| Coupon | 3.125 |
| Debt Type | Senior Unsecured Note |
| I S I N | US88579YAW12 |
| Issuer Country | USA |
| Yield To Maturity | 6.098 |
| Price | 63.52 |
3M 3125 percent (88579YAW1) is traded in USA.
88579YAW1 Target Price Odds Analysis
What are 88579YAW1's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of 88579YAW1 jumping above the current price in 90 days from now is about 9.42%. The 3M 3125 percent probability density function shows the probability of 88579YAW1 bond to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon 3M 3125 percent has a beta of -0.1611. This usually implies as returns on the benchmark increase, returns on holding 88579YAW1 are expected to decrease at a much lower rate. During a bear market, however, 3M 3125 percent is likely to outperform the market. Additionally, 3M 3125 percent has an alpha of 0.041, implying that it can generate a 0.041 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of 88579YAW1 to move above the current price in 90 days from now is about 9.42 (This 3M 3125 percent probability density function shows the probability of 88579YAW1 Bond to fall within a particular range of prices over 90 days) .
3M 3125 percent Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. 88579YAW1 market risk premium is the additional return an investor will receive from holding 88579YAW1 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 88579YAW1. 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 88579YAW1's alpha and beta are two of the key measurements used to evaluate 88579YAW1's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.92 | |||
| Standard Deviation | 2.91 | |||
| Variance | 8.5 |
88579YAW1 Against Markets
Picking the right benchmark for 88579YAW1 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 88579YAW1 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 88579YAW1 is critical whether you are bullish or bearish towards 3M 3125 percent at a given time. Please also check how 88579YAW1'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 88579YAW1 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 88579YAW1 Bond?
Before investing in 88579YAW1, 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 88579YAW1. To buy 88579YAW1 bond, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 88579YAW1. 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 88579YAW1 bond. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located 3M 3125 percent 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 3M 3125 percent 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 3M 3125 percent, 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 3M 3125 percent?
The danger of trading 3M 3125 percent 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 88579YAW1 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 88579YAW1. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 3M 3125 percent 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 3M 3125 percent. 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. Note that the 3M 3125 percent information on this page should be used as a complementary analysis to other 88579YAW1'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.