Howmet Aerospace Inc. (HWM)

New York Stock Exchange
USD
US4432011082
2 January 1962  –  13 May 2022

Performance

Annualized Return
3.89%
Sharpe Ratio
0.28
Maximum Drawdown
-88.29%

Metrics

Metric Howmet Aerospace Inc.
Initial Balance $10,000
Final Balance $99,969
Returns   [View more details]
Month-To-Date -0.91%
Year-To-Date 6.28%
3M -1.92%
6M 4.77%
Annual Return (3Y) 16.43%
Annual Return (5Y) 4.58%
Annual Return (All) 3.89%
Risk   [View more details]
Annual Volatility 34.63%
Max Drawdown -88.29%
Sharpe Ratio 0.28
Sortino Ratio 0.41
Adjusted Sortino (S/√2) 0.29

  • Initial balance: The amount of starting capital used to invest in the asset or portfolio. In this case, we're starting with a $10,000 investment on January 1962.
  • Final balance: The amount of capital we've accrued over time as of May 2022.
  • Annual return: Also known as annualized return, or CAGR (Compound Annual Growth Rate), measures how much an investment has increased on average each year, during a specific time period. The time period in this case is approximately 60 year(s). Even a small difference in return can have a big impact on the final balance over a long period of time.
  • Annual volatility: Basically indicates how much, in percentage points, the investment can deviate from its annual return, under most circumstances. An investment with an annual return of 5% and an annual volatility of 10% would indicate returns from approximately -5% to 15% most of the time. A lower volatility is usually preferred to ensure more steady returns over time.
  • Best year: The best performance attained over its lifetime in a given year.
  • Worst year: The worst performance undergone over its lifetime in a given year.
  • Max drawdown: The largest percentage drop from a peak to a trough of an asset or portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
  • Sharpe Ratio: The Sharpe ratio measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. A Sharpe Ratio above 1 is considered good.
  • Sortino Ratio: The Sortino Ratio is a variation of the Sharpe ratio that only penalizes the investment for negative volatility/outcomes, and not for positive volatility. A Sortino Ratio above 1 is considered good.
  • Adjusted Sortino Ratio: Sortino Ratio/√2. To allow for comparing the Sortino ratio to the Sharpe ratio, we multiply the risk measure of the Sortino ratio by the square root of 2 (which is the same as dividing the Sortino ratio by the square root of 2).
  • Ulcer Index: The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines.
  • Gain to Pain Ratio: The sum of all returns divided by the absolute value of the sum of all negative returns. In essence, the GPR shows the ratio of net returns to the losses incurred in getting those returns.

Annualized Returns

Annual Return 1y Annual Return 3y Annual Return 5y Annual Return 10y Annual Return 20y Annual Return
Howmet Aerospace Inc. 6.25% 16.43% 4.58% 6.22% -2.88% 3.89%

Annual Returns

Year Howmet Aerospace Inc.
1962 -16.46%
1963 25.87%
1964 -10.55%
1965 24.6%
1966 2.27%
1967 2.72%
1968 -9.32%
1969 -2.4%
1970 -19.65%
1971 -23.79%
1972 21.75%
1973 36.95%
1974 -38.39%
1975 29.25%
1976 48.24%
1977 -18.57%
1978 2.42%
1979 14.93%
1980 8.64%
1981 -14.06%
1982 21%
1983 44.77%
1984 -17.56%
1985 4.05%
1986 -12%
1987 38.95%
1988 23.08%
1989 39.64%
1990 -19.25%
1991 14.88%
1992 13.81%
1993 -0.87%
1994 27.43%
1995 24.47%
1996 21.69%
1997 11.85%
1998 7.01%
1999 123.32%
2000 -18.02%
2001 7.86%
2002 -34.58%
2003 70.93%
2004 -15.75%
2005 -3.85%
2006 3.49%
2007 24.11%
2008 -68.26%
2009 47.38%
2010 -3.62%
2011 -43.32%
2012 1.69%
2013 24.15%
2014 49.83%
2015 -36.85%
2016 -15.39%
2017 48.37%
2018 -37.43%
2019 83.57%
2020 -7.19%
2021 11.67%
2022 6.28%

Howmet Aerospace Inc. had 37 positive years and 24 negative years. That's a positive ratio of 61%.

Monthly Returns

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
1962 -8.6% 1.3% 5.6% -3.9% -10.6% -5.2% 12% 1.1% -11.4% 2.4% 3.5% -1.1% -13.9%
1963 6% -5.6% -3.4% 9.7% 9.9% 0.8% -1% 0.8% 2.9% 3.6% -5.1% 6.2% 25.9%
1964 7.6% -1.7% 5.7% -1.5% -3.3% -2.2% -5.8% -3% -0% -6.7% 2.2% -1.6% -9.3%
1965 1.6% 14% -7.6% 9.1% 6.4% -6.2% -1.6% 1.2% -4.2% 7.1% -9% 14.8% 23.8%
1966 9.6% 1.2% 0.9% 9.6% -11.8% -0.3% -6.5% -4.4% -3.9% 12.8% -4.8% 2.8% 4.3%
1967 13.7% -10% 6.2% 5.6% -2.2% -4.8% 1.6% 4.5% -5.9% -9.3% -2.1% 8.2% 4.6%
1968 -15.8% 5.9% -5.9% 9.1% -5.4% -3.4% -3.3% 4.6% 7.4% -3.4% 7.3% -3.5% -7.6%
1969 9.1% -8.6% 5.2% 9.8% -5.5% -9.6% -5.9% 6.7% -4.2% 8.3% -6% 1.4% -0.2%
1970 -8.6% 12.5% -3.6% -8.5% -17.6% -5.2% 0% 1.5% -2.4% 6% 0% 8% -18%
1971 14.8% -2.7% -2.3% 4% 4.8% -9.7% -15.4% 4.3% -16.1% -3.3% -8.8% 8.7% -23.3%
1972 -2.6% 15.9% 1% 8.5% 0.2% -10.4% -4.6% 18.9% -3.6% -6.8% 14.7% -6.2% 23.2%
1973 3.8% -9.1% 2.5% 8.3% 4.7% -0% 13.3% 9.3% 1.9% 6.8% -13.7% 7.4% 36.7%
1974 -0.5% -0.5% -2.1% 5.6% -18.4% 4.3% 10.7% -10.7% -9% -13.2% -5.7% -4% -38.6%
1975 13% 3% 7.2% 23.5% 0% 6.5% -9.4% 2.8% -14% -8.9% -0.7% 8.8% 30.6%
1976 18.5% 3.3% 2.6% 5.9% 2.4% 7.4% -2.4% 2.7% 6% -8.1% -2.9% 7% 42.2%
1977 -7.9% 1.4% 6.1% 0.7% -4.4% -3% -0.9% -11% -3.7% -0.6% -2.2% 6.6% -18.6%
1978 -16.6% -0.3% 2.6% 19.2% -7.7% -3.4% 7.1% 0.3% 0.8% -1.6% 2% 4.1% 5.6%
1979 7.1% 1.2% 5.1% 0% -2.3% -3.3% -0.5% 9.3% 5.4% -11% -1.7% 6.6% 16.5%
1980 15.7% 5.1% -12.7% -5.6% 8.4% -1.5% 17.4% -1.8% 7% -7.8% -3.2% -7.9% 11.8%
1981 3% 9.2% 4.5% -3.6% -3% -9.2% -5% -4.4% -2.8% -8.1% 9.4% -2.9% -11.3%
1982 -10.2% 2.2% 4.8% 1.5% -5% -4.2% 3.3% 22.9% -10% 6.7% -4.9% 17.5% 25.2%
1983 6.1% 1.1% -3.4% -0.4% 18.4% -2.3% 5.4% 21.2% -5.3% -7.8% 9.4% -0.5% 43%
1984 -7% -10.2% 8% -13.3% -3.5% 0.4% -7.7% 13.9% -7.7% 9.8% -2.1% 4.2% -15%
1985 3.4% -3.3% -7.4% -10.6% 5.3% 6.2% 5.1% -1.1% -7.4% -3.4% 12.5% 7.3% 6.6%
1986 9.1% 6% -4.8% -4.7% 1.5% -7% -11.5% 9.6% -0% -1.7% -4.8% -2.1% -9.5%
1987 17.3% 3.1% 4% 11.7% 0.3% 11.8% 19.2% -14.3% 13.1% -30.2% 3% 6.3% 44.4%
1988 -12.3% 14.9% -7% 0.9% 5.5% 15.8% -0.7% -3.4% 3.9% 6.1% -4.7% 5.7% 25.3%
1989 18.2% -4.8% -2.6% 5.6% 3% -1% 8.2% 11.6% -0.3% -8.3% 3.6% 3.4% 35.4%
1990 -15.7% 4.7% 0.8% -3.6% 6.5% -3.4% 9.7% -7.4% -2.7% -14.5% 3.3% 5% -18.7%
1991 12.8% -0.4% 2.2% 3.7% 5.4% -5.1% 5.2% -1.9% -7.8% -0.1% -7.7% 10.1% 17.7%
1992 0.2% 8.2% 1.6% 10.4% 0.3% -2.2% -2.8% -11.9% 2.5% 5.3% 1.1% 2.1% 16.5%
1993 3.9% -5.2% -8% 2.5% 2.7% 3.7% 1.8% 6% -10.6% 1.3% 2.5% 0.2% 1.5%
1994 14.6% -4.9% -4.8% -5.1% 4.4% 3.5% 7% 7.9% 0.9% 1.1% -4.3% 6.1% 27%
1995 -8.7% -0.8% 6.4% 8.1% 4.1% 7.8% 13.7% 0.6% -7.4% -3.6% 15.2% -9.6% 27.2%
1996 5.2% 2.5% 10.1% -0.4% -1% -6.9% 1.3% 7.1% -5% -0.3% 8.5% 0.2% 22.7%
1997 8.2% 3.6% -4.6% 3.1% 5.4% 2.4% 17.4% -6.8% -0.3% -11% -7.6% 4.6% 14.7%
1998 8.5% -3.8% -6.2% 12.6% -10.2% -5% 5.1% -13.4% 18.6% 11.6% -6% 0.4% 12%
1999 12.1% -3% 1.7% 51.1% -11.4% 12.5% -3.2% 7.9% -3.9% -2.1% 7.8% 26.7% 89.5%
2000 -16% -1.4% 2.6% -7.7% -9.6% -0.7% 4.3% 10.4% -23.9% 13.3% -1.3% 18.8% -6.2%
2001 10.1% -2.7% 0.5% 15.2% 4.6% -8.7% -0.4% -2.5% -18.7% 4.5% 19.6% -7.9% 15.9%
2002 0.8% 5.3% 0.5% -9.8% 3.2% -5.2% -17.9% -7.2% -23.1% 14.3% 16.5% -10.8% -33.7%
2003 -13.2% 4.5% -5.5% 19.1% 7.3% 3.6% 8.9% 3.4% -8.4% 20.7% 4.4% 15.8% 59.3%
2004 -10.1% 10.1% -7.4% -11.4% 2.3% 5.5% -3% 1.6% 3.7% -3.2% 5% -7.5% -13%
2005 -6.1% 9.4% -5.4% -4.5% -6.1% -3.6% 7.3% -4% -8.8% -0.5% 13.5% 7.9% -1.6%
2006 6.5% -6.5% 4.2% 10.5% -5.7% 2% -7.4% -4.1% -1.9% 2.6% 9% -3.7% 7%
2007 8.2% 3.4% 1.5% 4.7% 16.9% -1.8% -5.7% -3.9% 7.1% 1.6% -8.1% 0.5% 27.3%
2008 -9.5% 12.8% -2.9% -3.1% 16.7% -12.2% -5.2% -4.3% -29.7% -49.1% -5.1% 4.6% -81.1%
2009 -30.8% -18.3% 17.8% 23.6% 1.9% 12% 13.8% 2.7% 8.9% -5.3% 1% 28.8% 64.4%
2010 -21% 4.7% 7.1% -5.7% -13.1% -13.6% 11% -8.3% 18.5% 8.5% 0.1% 17.3% 3.3%
2011 7.7% 1.9% 4.7% -3.7% -0.9% -5.7% -7.1% -12.9% -25.2% 12.4% -6.6% -13.7% -47.5%
2012 17.5% 0.4% -1.5% -2.9% -11.8% 2.3% -3.2% 1.4% 3.4% -2.9% -1.9% 3.2% 5.6%
2013 1.8% -3.3% -0% -0.2% 0.3% -8% 1.7% -2.8% 5.5% 14.2% 4% 10.6% 24.6%
2014 8.3% 2.3% 9.6% 4.7% 1.3% 9.4% 10.1% 1.5% -3.1% 4.2% 3.4% -8.7% 45%
2015 -0.9% -5.3% -12.6% 3.9% -6.7% -10.8% -11.5% -4% 2.2% -7.6% 5.2% 5.4% -38.6%
2016 -26.1% 23% 7.3% 16.6% -16.8% 0% 14.6% -4.8% 0.6% -5.6% -10.2% -3.8% -5.6%
2017 22.9% 26.6% -8.5% 3.8% 0.7% -17.5% 9.4% 3% -2.3% 1% -1.8% 10.7% 44.7%
2018 10.3% -18.7% -5.5% -22.7% -0.5% -3.6% 27.5% 3.5% -1.7% -7.6% 6% -21.5% -38.5%
2019 11.6% -1.4% 3.4% 12.4% 2% 17.9% -3% 3.3% 0.6% 5.7% 12.8% -0.6% 65.4%
2020 -2.7% -1.9% -45.3% -18.6% 0.1% 21.2% -6.8% 18.5% -4.6% 3.2% 36% 21.7% 22.2%
2021 -13.9% 14.4% 14.3% -0.5% 11% -2.8% -4.8% -3.2% -1.7% -4.8% -5.2% 13.2% 16.8%
2022 -2.3% 15.6% 0.1% -5.1% -0.9% 0% 0% 0% 0% 0% 0% 0% 8.4%
Pos 60.7% 57.4% 57.4% 58.3% 55.7% 36.7% 50% 56.7% 35% 45% 51.7% 68.3% 65.6%
Avg 1.3% 2% -0.2% 3.3% -0.4% -0.9% 1.8% 1.1% -3% -1.1% 1.6% 3.9% 9.7%

Other Return Metrics

Metric Howmet Aerospace Inc.
Cumulative Return 899.69%
Enh Ann Return 7.98%
Best Year 123.32%
Worst Year -68.26%
Best Month 51.14%
Worst Month -49.07%
Best Day 26.36%
Worst Day -24.11%
Win Ratio (Yearly) 60.66%
Win Ratio (Quarterly) 52.89%
Win Ratio (Monthly) 52.76%
Win Ratio (Daily) 49.93%

Annual Volatility

Annual Volatility 1y Annual Volatility 3y Annual Volatility 5y Annual Volatility 10y Annual Volatility 20y Annual Volatility
Howmet Aerospace Inc. 33.45% 51.17% 46.33% 40.98% 43.58% 34.63%

Sharpe Ratio

Sharpe Ratio 1y Sharpe Ratio 3y Sharpe Ratio 5y Sharpe Ratio 10y Sharpe Ratio 20y Sharpe Ratio
Howmet Aerospace Inc. 0.35 0.55 0.33 0.35 0.15 0.28

3-Year Rolling Sharpe Ratio

The rolling Sharpe Ratio gives a clue about the continued consistency or stability of the risk-adjusted returns.

Drawdown Periods

Simply said, a drawdown is the "pain" period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher). In the table below are the fifth largest drawdowns encountered for the portfolio/asset in question.

Howmet Aerospace Inc.

start valley end Drawdown days
2007-07-16 2009-03-06 - -88.29% 5415
1966-04-22 1971-11-10 1980-01-18 -61.11% 5019
2001-05-22 2002-10-09 2007-05-23 -59.33% 2192
1987-10-06 1987-10-26 1989-01-20 -46.67% 472
2000-01-06 2000-09-27 2001-05-16 -44.73% 496

The Howmet Aerospace Inc. took approximately 91 months on average to recover from a major drawdown. The longest drawdown lasted 181 months.

Underwater plot

The underwater plot shows you the drawdown periods on a chart. Whereas the performance chart usually gives you a positive viewpoint, the underwater plot gives you a pessimistic viewpoint. It helps you to visualize downtrends that occurred and how long it took for the portfolio's value to rebound to hit a new high after suffering a loss.

Other Risk Metrics

Metric Howmet Aerospace Inc.
Sharpe Ratio 0.28
Sortino Ratio 0.41
Adjusted Sortino (S/√2) 0.29
Calmar Ratio 0.04
Omega Ratio 0.04
Gain to Pain Ratio 0.05
Winckel Ratio 54.1
Ulcer Index 0.41
Kelly Criterion 2.53%
Skew 0.1
Kurtosis 10.8
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