Cathay TAIEX Financials
| 00664R Etf | TWD 3.72 0.07 1.85% |
Cathay |
The data published in Cathay TAIEX's official financial statements typically reflect Cathay TAIEX's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Cathay TAIEX's quantitative information. For example, before you start analyzing numbers published by Cathay accountants, it's essential to understand Cathay TAIEX's liquidity, profitability, and earnings quality within the context of the Cathay Securities Investment Trust space in which it operates.
Please note, the presentation of Cathay TAIEX's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cathay TAIEX's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cathay TAIEX's management manipulating its earnings.
Cathay TAIEX Etf Summary
Cathay TAIEX competes with YuantaP Shares, Yuanta Daily, Fuh Hwa, and Paradigm. CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Etf |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW00000664R8 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Cathay Securities Investment Trust |
| Benchmark | Dow Jones Industrial |
| Currency | TWD - New Taiwan Dollar |
Cathay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cathay TAIEX's current stock value. Our valuation model uses many indicators to compare Cathay TAIEX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cathay TAIEX competition to find correlations between indicators driving Cathay TAIEX's intrinsic value. More Info.Cathay TAIEX Daily is fourth largest ETF in one year return as compared to similar ETFs. It also is fourth largest ETF in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cathay TAIEX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cathay TAIEX's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Cathay TAIEX Daily Systematic Risk
Cathay TAIEX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cathay TAIEX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Cathay TAIEX Daily correlated with the market. If Beta is less than 0 Cathay TAIEX generally moves in the opposite direction as compared to the market. If Cathay TAIEX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay TAIEX Daily is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay TAIEX is generally in the same direction as the market. If Beta > 1 Cathay TAIEX moves generally in the same direction as, but more than the movement of the benchmark.
Cathay TAIEX November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cathay TAIEX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cathay TAIEX Daily. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cathay TAIEX Daily based on widely used predictive technical indicators. In general, we focus on analyzing Cathay Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cathay TAIEX's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.07 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.37 |
Other Information on Investing in Cathay Etf
Cathay TAIEX 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 TAIEX security.