Cathay Bloomberg (Taiwan) Performance
| 00781B Etf | TWD 32.83 0.09 0.27% |
The etf shows a Beta (market volatility) of 0.0771, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cathay Bloomberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathay Bloomberg is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Cathay Bloomberg Barclays has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Cathay Bloomberg 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 | 40.25 | |
| Fifty Two Week High | 48.13 |
Cathay |
Cathay Bloomberg Relative Risk vs. Return Landscape
If you would invest 3,292 in Cathay Bloomberg Barclays on September 2, 2024 and sell it today you would lose (9.00) from holding Cathay Bloomberg Barclays or give up 0.27% of portfolio value over 90 days. Cathay Bloomberg Barclays is generating negative expected returns and assumes 0.6674% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Cathay, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Cathay Bloomberg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay Bloomberg's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cathay Bloomberg Barclays, and traders can use it to determine the average amount a Cathay Bloomberg'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 = -0.0031
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| Negative Returns | 00781B |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathay Bloomberg 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 Cathay Bloomberg by adding Cathay Bloomberg to a well-diversified portfolio.
About Cathay Bloomberg Performance
By analyzing Cathay Bloomberg's fundamental ratios, stakeholders can gain valuable insights into Cathay Bloomberg's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cathay Bloomberg 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 Cathay Bloomberg has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cathay Bloomberg Barclays 15 Year Technology Bond Select ETF is an open ended fixed income mutual fund launched and managed by Cathay Securities Investment Trust Co Ltd. Cathay Bloomberg Barclays 15 Year Technology Bond Select ETF was formed on February 25, 2019 and is domiciled in Taiwan. CATHAY SECS is traded on Taiwan OTC Exchange in Taiwan.| Cathay Bloomberg generated a negative expected return over the last 90 days |
Other Information on Investing in Cathay Etf
Cathay Bloomberg financial ratios help investors to determine whether Cathay 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 Cathay with respect to the benefits of owning Cathay Bloomberg security.