Last close
$103.40
Both lenses score −3 to +3, in different senses: on Market Lens, +3 is strongly supportive conditions; on Valuation Lens, +3 is very cheap against modeled fair value.
Market Lens
- Trend
- Downtrend
- Volatility
- Low
- Vs trend
- Near trend
Fixed Income asset-class score
-1.0
Cautious
Investment-grade corporate bonds are in a low-volatility downtrend and slipped on 16 October. Their strongest related force is the producer-price surge, which pressures the duration this credit carries.
Full evidence →Valuation Lens
—Unavailable
- Median fair value
- —market = 100
- 1y modeled return
- —
Long-duration investment-grade credit; spread compensation is thin; not modeled separately.
Full distribution →Risk profile
- Annualised volatility
- 8.7%
- Max drawdown
- -24.5%
- 5y return (CAGR)
- -1.0%
SatellitePortfolio eligible
Realized statistics from five years of monthly total returns. Historical risk is context, not a forecast.
Technical
Supporting and opposing conditions
Supportive
- Positive five-day change of 0.97%
Opposing
- Below both moving averages