Yuanta Daily (Taiwan) Performance
| 00632R Etf | TWD 3.38 0.01 0.29% |
The entity maintains a market beta of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yuanta Daily are expected to decrease at a much lower rate. During the bear market, Yuanta Daily is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Yuanta Daily Taiwan has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Yuanta Daily is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 11.31 | |
| Fifty Two Week High | 13.89 |
Yuanta |
Yuanta Daily Relative Risk vs. Return Landscape
If you would invest 344.00 in Yuanta Daily Taiwan on September 2, 2024 and sell it today you would lose (6.00) from holding Yuanta Daily Taiwan or give up 1.74% of portfolio value over 90 days. Yuanta Daily Taiwan is generating negative expected returns and assumes 1.2458% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than Yuanta, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Yuanta Daily Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta Daily's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Yuanta Daily Taiwan, and traders can use it to determine the average amount a Yuanta Daily's 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 = -0.0159
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00632R |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yuanta Daily 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 Yuanta Daily by adding Yuanta Daily to a well-diversified portfolio.
Yuanta Daily Fundamentals Growth
Yuanta Etf prices reflect investors' perceptions of the future prospects and financial health of Yuanta Daily, and Yuanta Daily 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 Yuanta Etf performance.
| Total Asset | 69.64 B | |||
About Yuanta Daily Performance
By analyzing Yuanta Daily's fundamental ratios, stakeholders can gain valuable insights into Yuanta Daily's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Yuanta Daily 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 Yuanta Daily has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
YUANTA SECURITIES is traded on Taiwan Stock Exchange in Taiwan.| Yuanta Daily Taiwan generated a negative expected return over the last 90 days | |
| The fund generated three year return of -14.0% |
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.