YuantaP Shares (Taiwan) Price on April 11, 2024
0051 Etf | TWD 78.40 0.50 0.64% |
If you're considering investing in YuantaP Etf, it is important to understand the factors that can impact its price. As of today, the current price of YuantaP Shares stands at 78.40, as last reported on the 23rd of November, with the highest price reaching 78.65 and the lowest price hitting 78.00 during the day. YuantaP shares Taiwan shows Sharpe Ratio of -0.0582, which attests that the etf had a -0.0582% return per unit of risk over the last 3 months. YuantaP shares Taiwan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YuantaP Shares' Market Risk Adjusted Performance of (0.20), standard deviation of 1.02, and Mean Deviation of 0.7054 to validate the risk estimate we provide.
YuantaP Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
YuantaP |
Sharpe Ratio = -0.0582
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Negative Returns | 0051 |
Estimated Market Risk
1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average YuantaP Shares 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 YuantaP Shares by adding YuantaP Shares to a well-diversified portfolio.
YuantaP Shares Valuation on April 11, 2024
It is possible to determine the worth of YuantaP Shares on a given historical date. On April 11, 2024 YuantaP was worth 79.4 at the beginning of the trading date compared to the closed value of 79.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of YuantaP Shares etf. Still, in general, we apply an absolute valuation method to find YuantaP Shares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of YuantaP Shares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against YuantaP Shares' related companies.
Open | High | Low | Close | Volume | |
80.00 | 80.00 | 79.50 | 79.50 | 48,152 | |
04/11/2024 | 79.40 | 79.50 | 79.10 | 79.45 | 29,913 |
79.80 | 79.80 | 79.40 | 79.80 | 31,040 |
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YuantaP Shares Trading Date Momentum on April 11, 2024
On April 12 2024 YuantaP shares Taiwan Mid Cap was traded for 79.80 at the closing time. The highest price during the trading period was 79.80 and the lowest recorded bid was listed for 79.40 . The volume for the day was 31 K. This history from April 12, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.44% . The trading price change to the current price is 4.15% . |
YuantaP shares Taiwan Fundamentals Correlations and Trends
By evaluating YuantaP Shares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among YuantaP Shares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. YuantaP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About YuantaP Shares Etf history
YuantaP Shares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for YuantaP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in YuantaP shares Taiwan will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing YuantaP Shares stock prices may prove useful in developing a viable investing in YuantaP Shares
YuantaP Shares Etf Technical Analysis
YuantaP Shares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
YuantaP Shares Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
YuantaP shares Taiwan Mid Cap cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
YuantaP Shares November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how YuantaP Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YuantaP Shares shares will generate the highest return on investment. By undertsting and applying YuantaP Shares etf market strength indicators, traders can identify YuantaP shares Taiwan Mid Cap entry and exit signals to maximize returns
YuantaP Shares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for YuantaP Shares' price direction in advance. Along with the technical and fundamental analysis of YuantaP Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of YuantaP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.21) |
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Other Information on Investing in YuantaP Etf
YuantaP Shares financial ratios help investors to determine whether YuantaP 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 YuantaP with respect to the benefits of owning YuantaP Shares security.