Yuanta SP (Taiwan) Price on May 30, 2024
00642U Etf | TWD 16.24 0.06 0.37% |
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 SP stands at 16.24, as last reported on the 29th of November, with the highest price reaching 16.28 and the lowest price hitting 16.21 during the day. Yuanta SP GSCI shows Sharpe Ratio of -0.0216, which attests that the etf had a -0.0216% return per unit of risk over the last 3 months. Yuanta SP GSCI exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yuanta SP's Mean Deviation of 1.43, standard deviation of 2.01, and Market Risk Adjusted Performance of (0.59) to validate the risk estimate we provide.
Yuanta Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Yuanta |
Sharpe Ratio = -0.0216
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Negative Returns | 00642U |
Estimated Market Risk
1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yuanta SP 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 Yuanta SP by adding Yuanta SP to a well-diversified portfolio.
Yuanta SP Valuation on May 30, 2024
It is possible to determine the worth of Yuanta SP on a given historical date. On May 30, 2024 Yuanta was worth 17.82 at the beginning of the trading date compared to the closed value of 17.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yuanta SP etf. Still, in general, we apply an absolute valuation method to find Yuanta SP'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 SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yuanta SP's related companies.
Open | High | Low | Close | Volume | |
18.01 | 18.03 | 18.00 | 18.01 | 2,604,920 | |
05/30/2024 | 17.82 | 17.88 | 17.80 | 17.80 | 2,012,100 |
17.53 | 17.53 | 17.47 | 17.51 | 2,269,000 |
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Yuanta SP Trading Date Momentum on May 30, 2024
On May 31 2024 Yuanta SP GSCI was traded for 17.51 at the closing time. The highest price during the trading period was 17.53 and the lowest recorded bid was listed for 17.47 . The volume for the day was 2.3 M. This history from May 31, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.63% . The trading price change to the current price is 1.91% . |
Yuanta SP GSCI Fundamentals Correlations and Trends
By evaluating Yuanta SP'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 SP'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 SP Etf history
Yuanta SP 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 SP GSCI 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 SP stock prices may prove useful in developing a viable investing in Yuanta SP
Yuanta SP Etf Technical Analysis
Yuanta SP 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 SP Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Yuanta SP GSCI 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 SP November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Yuanta SP 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 SP shares will generate the highest return on investment. By undertsting and applying Yuanta SP etf market strength indicators, traders can identify Yuanta SP GSCI entry and exit signals to maximize returns
Yuanta SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yuanta SP'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 | (0.04) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (0.60) |
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Volume Indicators |
Other Information on Investing in Yuanta Etf
Yuanta SP 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 SP security.