Defense and aerospace primes peer review
Defense and aerospace primes Market-Risk Comparison
Descriptive market-risk statistics — not investment advice; past performance does not indicate future results. This companion page uses lmfin computations from a pinned Yahoo adjusted-close window. It is not a rating, recommendation, endorsement, forecast, or investment judgment. See Disclaimer.
Member return/risk statistics
For Defense and aerospace primes, lmfin computes each included member's Sharpe ratio, beta vs SPY, annualized volatility, annualized return, and maximum drawdown over the pinned price window. The table below substitutes those values from the frozen pack.
PCA factor structure
lmfin's PCA run computes PC1 variance 53.93% and PC2 variance 12.35% from the aligned member return matrix. Loadings are reported as numeric factor coefficients, not as quality judgments.
Beta figure
Comparison table
| Ticker | Sharpe | Beta | Annualized volatility | Annualized return | Max drawdown |
|---|---|---|---|---|---|
| LMT | 0.20 | 0.15 | 23.20% | 8.59% | -31.79% |
| RTX | 0.96 | 0.45 | 24.49% | 27.33% | -28.99% |
| NOC | 0.18 | 0.07 | 24.75% | 8.32% | -35.42% |
| GD | 0.83 | 0.49 | 20.66% | 20.92% | -22.55% |
| LHX | 0.61 | 0.38 | 23.10% | 17.90% | -25.98% |
| HII | 0.33 | 0.65 | 35.24% | 15.57% | -45.21% |
| TXT | 0.38 | 0.88 | 26.25% | 13.77% | -37.33% |
PCA summary
PC1 variance explained: 53.93%. PC2 variance explained: 12.35%.
| Ticker | PC1 loading | PC2 loading |
|---|---|---|
| LMT | 0.38 | -0.33 |
| RTX | 0.36 | -0.06 |
| NOC | 0.39 | -0.41 |
| GD | 0.42 | 0.22 |
| LHX | 0.42 | -0.15 |
| HII | 0.35 | 0.14 |
| TXT | 0.29 | 0.79 |
Pair check
| Pair | Cointegrated? | OLS hedge ratio | R-squared | Spread z-score |
|---|---|---|---|---|
| No pair check stored for this cluster. | ||||
Provenance
lmfin: lmfin 0.1.0. PCA command: lmfin factors LMT RTX NOC GD LHX HII TXT --window 3y --end 2026-06-30 --json. Price source: yahoo; price field: adjusted_close; window start: 2023-07-03; window end: 2026-06-30. Performance, PCA, and pair statistics are lmfin computations from Yahoo adjusted-close data over the pinned window. Descriptive data, not advice.