YuantaP Shares (Taiwan) Performance
| 006203 Etf | TWD 90.20 2.15 2.44% |
The entity maintains a market beta of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, YuantaP Shares' returns are expected to increase less than the market. However, during the bear market, the loss of holding YuantaP Shares is expected to be smaller as well.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in YuantaP shares MSCI Taiwan are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, YuantaP Shares is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 35.32 | |
| Fifty Two Week High | 40.84 |
YuantaP |
YuantaP Shares Relative Risk vs. Return Landscape
If you would invest 8,530 in YuantaP shares MSCI Taiwan on September 3, 2024 and sell it today you would earn a total of 275.00 from holding YuantaP shares MSCI Taiwan or generate 3.22% return on investment over 90 days. YuantaP shares MSCI Taiwan is generating 0.0583% of daily returns and assumes 1.2675% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than YuantaP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
YuantaP Shares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for YuantaP Shares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as YuantaP shares MSCI Taiwan, and traders can use it to determine the average amount a YuantaP Shares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.046
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| Cash | 006203 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average YuantaP Shares is performing at about 3% 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 YuantaP Shares by adding it to a well-diversified portfolio.
YuantaP Shares Fundamentals Growth
YuantaP Etf prices reflect investors' perceptions of the future prospects and financial health of YuantaP Shares, and YuantaP Shares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on YuantaP Etf performance.
| Price To Earning | 14.21 X | |||
| Price To Book | 1.67 X | |||
| Price To Sales | 0.97 X | |||
| Total Asset | 277.73 M | |||
About YuantaP Shares Performance
By analyzing YuantaP Shares' fundamental ratios, stakeholders can gain valuable insights into YuantaP Shares' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if YuantaP Shares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if YuantaP Shares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
YuantaP shares is traded on Taiwan Stock Exchange in Taiwan.| The fund holds 95.29% of its total net assets in equities |
Other Information on Investing in YuantaP Etf
YuantaP Shares financial ratios help investors to determine whether YuantaP 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 YuantaP with respect to the benefits of owning YuantaP Shares security.