Performance analysis of Paramount Global Conv Pfd (PARAP)
Annual Return
Over the past 3 years, PARAP has had an average annual return of -20.94%, underperforming the benchmark SPY, which returned +16.41% annual.
Since Feb 17, 2022, PARAP has had an average annual return of -32.86%, underperforming the benchmark SPY, which returned +10.68% annual.
| 2024 | 2023 | 2022 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -18.49% | -3.24% | -45.29% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.32% | -21.42% | +5.12% | -18.49% | |||||||||
| 2023 | +32.57% | -5.09% | +1.02% | +6.31% | -26.55% | +2.73% | +0.84% | -3.11% | -13.74% | -12.40% | +27.22% | +1.05% | -3.24% |
| 2022 | +1.51% | +6.99% | -22.69% | +18.38% | -19.62% | -2.15% | -0.64% | -16.26% | -6.00% | +7.72% | -16.94% | -45.29% |
Drawdown analysis of Paramount Global Conv Pfd (PARAP)
The maximum drawdown for the PARAP was -66.20%, occurring on Mar 5, 2024. This drawdown has not yet recovered.
The current PARAP drawdown is -61.42%.
Since Feb 17, 2022 PARAP has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -66.20% | Mar 3, 2022 | 503 | Mar 5, 2024 | Ongoing | Ongoing | Ongoing |
| -4.00% | Feb 17, 2022 | 2 | Feb 22, 2022 | 3 | Feb 25, 2022 | 5 |