Yuanta Daily (Taiwan) Price on October 31, 2024
| 00637L Etf | TWD 15.85 0.52 3.18% |
If you're considering investing in Yuanta Etf, it is important to understand the factors that can impact its price. As of today, the current price of Yuanta Daily stands at 15.85, as last reported on the 25th of November, with the highest price reaching 16.48 and the lowest price hitting 15.82 during the day. Yuanta Daily appears to be somewhat reliable, given 3 months investment horizon. Yuanta Daily CSI shows Sharpe Ratio of 0.0914, which attests that the etf had a 0.0914% return per unit of risk over the last 3 months. We have found thirty technical indicators for Yuanta Daily CSI, which you can use to evaluate the volatility of the etf. Please utilize Yuanta Daily's Downside Deviation of 3.59, market risk adjusted performance of (0.27), and Mean Deviation of 2.93 to validate if our risk estimates are consistent with your expectations.
Yuanta Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Yuanta |
Sharpe Ratio = 0.0914
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| Small Returns | 00637L | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.01 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Yuanta Daily is performing at about 7% 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 Yuanta Daily by adding it to a well-diversified portfolio.
Yuanta Daily Valuation on October 31, 2024
It is possible to determine the worth of Yuanta Daily on a given historical date. On October 31, 2024 Yuanta was worth 15.79 at the beginning of the trading date compared to the closed value of 15.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yuanta Daily etf. Still, in general, we apply an absolute valuation method to find Yuanta Daily's 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 Yuanta Daily where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yuanta Daily's related companies.
| Open | High | Low | Close | Volume | |
| 16.44 | 16.44 | 15.78 | 15.79 | 119,855,033 | |
10/31/2024 | 15.79 | 15.79 | 15.79 | 15.79 | 1.00 |
| 15.80 | 16.29 | 15.76 | 16.10 | 92,565,610 |
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Yuanta Daily Trading Date Momentum on October 31, 2024
| On November 01 2024 Yuanta Daily CSI was traded for 16.10 at the closing time. The highest price during the trading period was 16.29 and the lowest recorded bid was listed for 15.76 . The volume for the day was 92.6 M. This history from November 1, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.96% . The trading price change to the current price is 5.89% . |
Yuanta Daily CSI Fundamentals Correlations and Trends
By evaluating Yuanta Daily's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Yuanta Daily's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yuanta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yuanta Daily Etf history
Yuanta Daily 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 Yuanta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yuanta Daily CSI 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 Yuanta Daily stock prices may prove useful in developing a viable investing in Yuanta Daily
Yuanta Daily Etf Technical Analysis
Yuanta Daily 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
Yuanta Daily Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Yuanta Daily CSI 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.
Yuanta Daily November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Yuanta Daily etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yuanta Daily shares will generate the highest return on investment. By undertsting and applying Yuanta Daily etf market strength indicators, traders can identify Yuanta Daily CSI entry and exit signals to maximize returns
Yuanta Daily Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yuanta Daily's price direction in advance. Along with the technical and fundamental analysis of Yuanta Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yuanta 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 | 0.079 | |||
| Jensen Alpha | 0.6334 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0891 | |||
| Treynor Ratio | (0.28) |
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| Volume Indicators |
Other Information on Investing in Yuanta Etf
Yuanta Daily financial ratios help investors to determine whether Yuanta 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 Yuanta with respect to the benefits of owning Yuanta Daily security.