Fubon 1 (Taiwan) Performance
| 00694B Etf | TWD 42.21 0.09 0.21% |
The etf shows a Beta (market volatility) of 0.0346, which means not very significant fluctuations relative to the market. As returns on the market increase, Fubon 1's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fubon 1 is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Fubon 1 3 Years are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Fubon 1 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 | 39.98 | |
| Fifty Two Week High | 42.16 |
Fubon |
Fubon 1 Relative Risk vs. Return Landscape
If you would invest 4,162 in Fubon 1 3 Years on September 13, 2024 and sell it today you would earn a total of 59.00 from holding Fubon 1 3 Years or generate 1.42% return on investment over 90 days. Fubon 1 3 Years is generating 0.0231% of daily returns and assumes 0.2894% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than Fubon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fubon 1 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fubon 1's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fubon 1 3 Years, and traders can use it to determine the average amount a Fubon 1'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 = 0.0799
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00694B |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Fubon 1 is performing at about 6% 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 Fubon 1 by adding it to a well-diversified portfolio.
About Fubon 1 Performance
By analyzing Fubon 1's fundamental ratios, stakeholders can gain valuable insights into Fubon 1's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fubon 1 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 Fubon 1 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.