Yuanta Daily (Taiwan) Price on October 17, 2024
| 00632R Etf | TWD 22.96 0.21 0.91% |
If you're considering investing in Yuanta Etf, it is important to understand the factors that can impact its price. As of today, the current price of Yuanta Daily stands at 22.96, as last reported on the 11th of December 2024, with the highest price reaching 22.96 and the lowest price hitting 22.96 during the day. Yuanta Daily is out of control given 3 months investment horizon. Yuanta Daily Taiwan shows Sharpe Ratio of 0.13, which attests that the etf had a 0.13% return per unit of risk over the last 3 months. We were able to analyze twenty-six different technical indicators, which can help you to evaluate if expected returns of 9.38% are justified by taking the suggested risk. Use Yuanta Daily Taiwan Mean Deviation of 17.48, coefficient of variation of 823.02, and Market Risk Adjusted Performance of (1.62) to evaluate company specific risk that cannot be diversified away.
Yuanta Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Yuanta |
Sharpe Ratio = 0.1261
| Best Portfolio | Best Equity | 00632R | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 74.37 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Yuanta Daily is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Yuanta Daily by adding it to a well-diversified portfolio.
Yuanta Daily Valuation on October 17, 2024
It is possible to determine the worth of Yuanta Daily on a given historical date. On October 17, 2024 Yuanta was worth 3.27 at the beginning of the trading date compared to the closed value of 3.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yuanta Daily etf. Still, in general, we apply an absolute valuation method to find Yuanta Daily's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Yuanta Daily where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yuanta Daily's related companies.
| Open | High | Low | Close | Volume | |
| 3.30 | 3.31 | 3.26 | 3.28 | 189,293,383 | |
10/17/2024 | 3.27 | 3.30 | 3.26 | 3.27 | 76,001,811 |
| 3.20 | 3.22 | 3.18 | 3.21 | 322,510,201 |
| Backtest Yuanta Daily | | | Yuanta Daily History | | | Yuanta Daily Valuation | Previous | Next |
Yuanta Daily Trading Date Momentum on October 17, 2024
| On October 18 2024 Yuanta Daily Taiwan was traded for 3.21 at the closing time. The highest price during the trading period was 3.22 and the lowest recorded bid was listed for 3.18 . The volume for the day was 322.5 M. This history from October 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.83% . The trading price change to the current price is 1.53% . |
Yuanta Daily Taiwan Fundamentals Correlations and Trends
By evaluating Yuanta Daily's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Yuanta Daily's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yuanta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yuanta Daily Etf history
Yuanta Daily investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Yuanta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yuanta Daily Taiwan will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Yuanta Daily stock prices may prove useful in developing a viable investing in Yuanta Daily
Yuanta Daily Etf Technical Analysis
Yuanta Daily technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Yuanta Daily Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Yuanta Daily December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Yuanta Daily etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yuanta Daily shares will generate the highest return on investment. By undertsting and applying Yuanta Daily etf market strength indicators, traders can identify Yuanta Daily Taiwan entry and exit signals to maximize returns
Yuanta Daily Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yuanta Daily's price direction in advance. Along with the technical and fundamental analysis of Yuanta Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yuanta to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0977 | |||
| Jensen Alpha | 9.36 | |||
| Total Risk Alpha | (2.67) | |||
| Sortino Ratio | 6.58 | |||
| Treynor Ratio | (1.63) |
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Other Information on Investing in Yuanta Etf
Yuanta Daily financial ratios help investors to determine whether Yuanta Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Yuanta with respect to the benefits of owning Yuanta Daily security.