Fubon FTSE (Taiwan) Price on December 1, 2024
00885 Etf | TWD 11.65 0.02 0.17% |
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 FTSE stands at 11.65, as last reported on the 1st of December, with the highest price reaching 11.66 and the lowest price hitting 11.57 during the day. Fubon FTSE Vietnam secures Sharpe Ratio (or Efficiency) of -0.0538, which denotes the etf had a -0.0538% return per unit of standard deviation over the last 3 months. Fubon FTSE Vietnam exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fubon FTSE's Mean Deviation of 0.6277, coefficient of variation of (2,074), and Standard Deviation of 0.8104 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 = -0.0538
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Negative Returns | 00885 |
Estimated Market Risk
0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon FTSE 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 FTSE by adding Fubon FTSE to a well-diversified portfolio.
Fubon FTSE Valuation on December 1, 2024
It is possible to determine the worth of Fubon FTSE on a given historical date. On December 1, 2024 Fubon was worth 11.63 at the beginning of the trading date compared to the closed value of 11.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon FTSE etf. Still, in general, we apply an absolute valuation method to find Fubon FTSE'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 FTSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon FTSE's related companies.
Open | High | Low | Close | Volume | |
11.63 | 11.66 | 11.57 | 11.65 | 2,030,798 | |
12/01/2024 | 11.63 | 11.66 | 11.57 | 11.65 | 0.00 |
Backtest Fubon FTSE | | | Fubon FTSE History | | | Fubon FTSE Valuation | Previous |
Fubon FTSE Trading Date Momentum on December 1, 2024
On December 01 2024 Fubon FTSE Vietnam was traded for 11.65 at the closing time. The highest price during the trading period was 11.66 and the lowest recorded bid was listed for 11.57 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta to the current price is 0.17% . |
Fubon FTSE Vietnam Fundamentals Correlations and Trends
By evaluating Fubon FTSE'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 FTSE'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 FTSE Etf history
Fubon FTSE 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 FTSE Vietnam 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 FTSE stock prices may prove useful in developing a viable investing in Fubon FTSE
Fubon FTSE Etf Technical Analysis
Fubon FTSE 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 FTSE Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Fubon FTSE Vietnam 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 FTSE December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon FTSE 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 FTSE shares will generate the highest return on investment. By undertsting and applying Fubon FTSE etf market strength indicators, traders can identify Fubon FTSE Vietnam entry and exit signals to maximize returns
Fubon FTSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon FTSE'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 | (0.04) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (0.29) |
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Other Information on Investing in Fubon Etf
Fubon FTSE 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 FTSE security.