Fubon Hang (Taiwan) Price on December 14, 2023
00666R Etf | TWD 11.93 0.54 4.33% |
If you're considering investing in Fubon Etf, it is important to understand the factors that can impact its price. As of today, the current price of Fubon Hang stands at 11.93, as last reported on the 11th of December 2024, with the highest price reaching 11.93 and the lowest price hitting 11.53 during the day. Fubon Hang Seng secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the etf had a -0.15% return per unit of standard deviation over the last 3 months. Fubon Hang Seng exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fubon Hang's Standard Deviation of 2.32, mean deviation of 1.56, and Coefficient Of Variation of (700.64) to check the risk estimate we provide.
Fubon Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Fubon |
Sharpe Ratio = -0.1497
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Estimated Market Risk
2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon Hang is not performing at its full potential. However, 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 Fubon Hang by adding Fubon Hang to a well-diversified portfolio.
Fubon Hang Valuation on December 14, 2023
It is possible to determine the worth of Fubon Hang on a given historical date. On December 14, 2023 Fubon was worth 17.21 at the beginning of the trading date compared to the closed value of 16.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon Hang etf. Still, in general, we apply an absolute valuation method to find Fubon Hang'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 Fubon Hang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon Hang's related companies.
Open | High | Low | Close | Volume | |
17.08 | 17.18 | 17.03 | 17.18 | 548,000 | |
12/14/2023 | 17.21 | 17.21 | 16.80 | 16.96 | 640,000 |
16.62 | 16.73 | 16.35 | 16.61 | 519,000 |
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Fubon Hang Trading Date Momentum on December 14, 2023
On December 15 2023 Fubon Hang Seng was traded for 16.61 at the closing time. The highest price during the trading period was 16.73 and the lowest recorded bid was listed for 16.35 . The volume for the day was 519 K. This history from December 15, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.06% . The overall trading delta to the current price is 0.77% . |
Fubon Hang Seng Fundamentals Correlations and Trends
By evaluating Fubon Hang'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 Fubon Hang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fubon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fubon Hang Etf history
Fubon Hang 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 Fubon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fubon Hang Seng 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 Fubon Hang stock prices may prove useful in developing a viable investing in Fubon Hang
Fubon Hang Etf Technical Analysis
Fubon Hang 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
Fubon Hang Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Fubon Hang Seng cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fubon Hang December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon Hang etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fubon Hang shares will generate the highest return on investment. By undertsting and applying Fubon Hang etf market strength indicators, traders can identify Fubon Hang Seng entry and exit signals to maximize returns
Fubon Hang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon Hang's price direction in advance. Along with the technical and fundamental analysis of Fubon Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fubon 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 | (0.1) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.71) | |||
Treynor Ratio | 1.41 |
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Other Information on Investing in Fubon Etf
Fubon Hang financial ratios help investors to determine whether Fubon 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 Fubon with respect to the benefits of owning Fubon Hang security.