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oil +

Last updated Sep 23, 2023

Asset Allocation


WE 33.6%OXY 16.6%MRNA 16.6%TRGP 16.6%TBLA 16.6%EquityEquity
PositionCategory/SectorWeight
WE
WeWork Inc.
Real Estate33.6%
OXY
Occidental Petroleum Corporation
Energy16.6%
MRNA
Moderna, Inc.
Healthcare16.6%
TRGP
Targa Resources Corp.
Energy16.6%
TBLA
Taboola.com Ltd.
Communication Services16.6%

Performance

The chart shows the growth of an initial investment of $10,000 in oil +, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly


-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%AprilMayJuneJulyAugustSeptember
-39.50%
8.61%
oil +
Benchmark (^GSPC)
Portfolio components

Returns


1 month6 monthsYear-To-Date1 year5 years (annualized)10 years (annualized)
Benchmark-1.29%8.79%12.52%16.97%8.72%N/A
oil +-14.29%-39.89%-54.16%-50.69%-15.60%N/A
OXY
Occidental Petroleum Corporation
2.79%8.72%0.71%8.23%94.93%N/A
MRNA
Moderna, Inc.
-11.24%-33.73%-44.33%-19.13%12.73%N/A
TRGP
Targa Resources Corp.
0.42%26.69%16.93%44.58%79.68%N/A
TBLA
Taboola.com Ltd.
5.06%46.67%21.43%95.81%-28.79%N/A
WE
WeWork Inc.
-43.68%-90.43%-94.58%-97.52%-81.16%N/A

Asset Correlations Table

The table below shows the correlation coefficients between the assets in the portfolio.

MRNAWETBLAOXYTRGP
MRNA1.000.210.260.090.11
WE0.211.000.290.120.21
TBLA0.260.291.000.130.17
OXY0.090.120.131.000.73
TRGP0.110.210.170.731.00

Sharpe Ratio

The current oil + Sharpe ratio is -0.97. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

-1.000.001.002.003.004.00-0.97

The Sharpe ratio of oil + is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00AprilMayJuneJulyAugustSeptember
-0.97
0.81
oil +
Benchmark (^GSPC)
Portfolio components

Dividend yield

oil + granted a 0.51% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
oil +0.51%0.46%0.16%1.60%2.95%2.96%2.42%2.37%4.16%1.45%1.23%1.45%
OXY
Occidental Petroleum Corporation
1.07%0.83%0.14%4.83%8.01%5.67%4.87%5.21%5.63%4.62%3.55%3.82%
MRNA
Moderna, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TRGP
Targa Resources Corp.
2.01%1.94%0.80%4.82%9.79%12.14%9.72%9.03%19.42%4.09%3.86%4.90%
TBLA
Taboola.com Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WE
WeWork Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Expense Ratio

The oil + has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
OXY
Occidental Petroleum Corporation
0.04
MRNA
Moderna, Inc.
-0.44
TRGP
Targa Resources Corp.
0.94
TBLA
Taboola.com Ltd.
0.97
WE
WeWork Inc.
-0.59

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%AprilMayJuneJulyAugustSeptember
-75.07%
-9.93%
oil +
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the oil +. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the oil + is 75.71%, recorded on Sep 8, 2023. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.71%Oct 26, 2021470Sep 8, 2023
-11.98%Aug 10, 20218Aug 19, 202141Oct 18, 202149
-11.62%Dec 14, 202013Dec 31, 20209Jan 14, 202122
-11.21%Feb 9, 202131Mar 24, 202115Apr 15, 202146
-6.42%Jul 2, 202111Jul 19, 20217Jul 28, 202118

Volatility Chart

The current oil + volatility is 25.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%AprilMayJuneJulyAugustSeptember
25.83%
3.41%
oil +
Benchmark (^GSPC)
Portfolio components