Yuanta STOXX (Taiwan) Price on June 24, 2024
| 00762 Etf | TWD 70.30 0.50 0.72% |
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 STOXX stands at 70.30, as last reported on the 29th of November, with the highest price reaching 70.30 and the lowest price hitting 69.80 during the day. Yuanta STOXX appears to be very steady, given 3 months investment horizon. Yuanta STOXX Global shows Sharpe Ratio of 0.22, which attests that the etf had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yuanta STOXX Global, which you can use to evaluate the volatility of the etf. Please utilize Yuanta STOXX's Market Risk Adjusted Performance of 0.4667, downside deviation of 1.43, and Mean Deviation of 0.9284 to validate if our risk estimates are consistent with your expectations.
Yuanta Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Yuanta |
Sharpe Ratio = 0.2186
| Best Portfolio | Best Equity | |||
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| Small Returns | 00762 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Yuanta STOXX is performing at about 17% 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 STOXX by adding it to a well-diversified portfolio.
Yuanta STOXX Valuation on June 24, 2024
It is possible to determine the worth of Yuanta STOXX on a given historical date. On June 24, 2024 Yuanta was worth 63.65 at the beginning of the trading date compared to the closed value of 63.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yuanta STOXX etf. Still, in general, we apply an absolute valuation method to find Yuanta STOXX'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 STOXX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yuanta STOXX's related companies.
| Open | High | Low | Close | Volume | |
| 64.15 | 64.15 | 63.45 | 63.65 | 403,178 | |
06/24/2024 | 63.65 | 63.65 | 63.10 | 63.25 | 256,229 |
| 62.40 | 62.45 | 62.10 | 62.45 | 274,436 |
| Backtest Yuanta STOXX | | | Yuanta STOXX History | | | Yuanta STOXX Valuation | Previous | Next |
Yuanta STOXX Trading Date Momentum on June 24, 2024
| On June 25 2024 Yuanta STOXX Global was traded for 62.45 at the closing time. The highest price during the trading period was 62.45 and the lowest recorded bid was listed for 62.10 . The volume for the day was 274.4 K. This history from June 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.26% . The trading price change to the current price is 2.37% . |
Yuanta STOXX Global Fundamentals Correlations and Trends
By evaluating Yuanta STOXX'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 STOXX'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 STOXX Etf history
Yuanta STOXX 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 STOXX Global 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 STOXX stock prices may prove useful in developing a viable investing in Yuanta STOXX
Yuanta STOXX Etf Technical Analysis
Yuanta STOXX 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 STOXX Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Yuanta STOXX Global 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.
Yuanta STOXX November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Yuanta STOXX 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 STOXX shares will generate the highest return on investment. By undertsting and applying Yuanta STOXX etf market strength indicators, traders can identify Yuanta STOXX Global entry and exit signals to maximize returns
Yuanta STOXX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yuanta STOXX'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 | 0.1539 | |||
| Jensen Alpha | 0.1847 | |||
| Total Risk Alpha | 0.049 | |||
| Sortino Ratio | 0.0923 | |||
| Treynor Ratio | 0.4567 |
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Other Information on Investing in Yuanta Etf
Yuanta STOXX 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 STOXX security.