Yuanta SP (Taiwan) Price on November 23, 2023

00642U Etf  TWD 16.73  0.14  0.84%   
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 16.73, as last reported on the 26th of November, with the highest price reaching 16.91 and the lowest price hitting 16.72 during the day. Yuanta SP GSCI shows Sharpe Ratio of -0.0197, which attests that the etf had a -0.0197% 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 Market Risk Adjusted Performance of 0.1192, standard deviation of 2.07, and Mean Deviation of 1.5 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.

Sharpe Ratio = -0.0197

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Estimated Market Risk

 2.04
  actual daily
18
82% 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 November 23, 2023

It is possible to determine the worth of Yuanta SP on a given historical date. On November 23, 2023 Yuanta was worth 16.85 at the beginning of the trading date compared to the closed value of 16.82. 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
  17.09    17.13    17.03    17.10    1,796,240  
11/23/2023
  16.85    16.85    16.71    16.82    2,836,505  
  16.82    16.90    16.82    16.82    1,311,002  
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Open Value
16.85
16.82
Closing Value
22.97
Upside

Yuanta SP Trading Date Momentum on November 23, 2023

On November 24 2023 Yuanta SP GSCI was traded for  16.82  at the closing time. The highest price during the trading period was 16.90  and the lowest recorded bid was listed for  16.82 . The volume for the day was 1.3 M. This history from November 24, 2023 had no short-term effect on price fluctuation. The trading price change to the current price is 1.13% .

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.
A focus of Yuanta SP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Yuanta SP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Yuanta SP Period Price Range

Low
November 26, 2024
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High

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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 26, 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.

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.