Cathay TIP Financials
| 00701 Etf | TWD 29.52 0.21 0.72% |
Cathay |
The data published in Cathay TIP's official financial statements typically reflect Cathay TIP'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 TIP's quantitative information. For example, before you start analyzing numbers published by Cathay accountants, it's essential to understand Cathay TIP's liquidity, profitability, and earnings quality within the context of the Cathay Securities Investment Trust space in which it operates.
Please note, the imprecision that can be found in Cathay TIP's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cathay TIP TAIEX. Check Cathay TIP's Beneish M Score to see the likelihood of Cathay TIP's management manipulating its earnings.
Cathay TIP Etf Summary
Cathay TIP competes with Yuanta Daily, and Paradigm. CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Etf |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0000070101 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Cathay Securities Investment Trust |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | TWD - New Taiwan Dollar |
Cathay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cathay TIP's current stock value. Our valuation model uses many indicators to compare Cathay TIP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cathay TIP competition to find correlations between indicators driving Cathay TIP's intrinsic value. More Info.Cathay TIP TAIEX is the top ETF in one year return as compared to similar ETFs. It is second largest ETF in three year return as compared to similar ETFs reporting about 4.13 of Three Year Return per One Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cathay TIP's earnings, one of the primary drivers of an investment's value.Cathay TIP TAIEX Systematic Risk
Cathay TIP's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cathay TIP 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Cathay TIP TAIEX correlated with the market. If Beta is less than 0 Cathay TIP generally moves in the opposite direction as compared to the market. If Cathay TIP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay TIP TAIEX is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay TIP is generally in the same direction as the market. If Beta > 1 Cathay TIP moves generally in the same direction as, but more than the movement of the benchmark.
Cathay TIP November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cathay TIP help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cathay TIP TAIEX. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cathay TIP TAIEX 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 TIP's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6495 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.8538 |
Other Information on Investing in Cathay Etf
Cathay TIP 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 TIP security.