Cathay Dow (Taiwan) Price on October 30, 2024
| 00668K Etf | USD 16.25 0.05 0.31% |
If you're considering investing in Cathay Etf, it is important to understand the factors that can impact its price. As of today, the current price of Cathay Dow stands at 16.25, as last reported on the 29th of November, with the highest price reaching 16.25 and the lowest price hitting 16.25 during the day. At this point, Cathay Dow is very steady. Cathay Dow Jones secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cathay Dow Jones, which you can use to evaluate the volatility of the entity. Please confirm Cathay Dow's Risk Adjusted Performance of 0.1293, mean deviation of 0.5547, and Downside Deviation of 0.6628 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Cathay Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Cathay |
Sharpe Ratio = 0.1585
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| Cash | 00668K | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Cathay Dow is performing at about 12% 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 Cathay Dow by adding it to a well-diversified portfolio.
Cathay Dow Valuation on October 30, 2024
It is possible to determine the worth of Cathay Dow on a given historical date. On October 30, 2024 Cathay was worth 15.34 at the beginning of the trading date compared to the closed value of 15.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathay Dow etf. Still, in general, we apply an absolute valuation method to find Cathay Dow'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 Cathay Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathay Dow's related companies.
| Open | High | Low | Close | Volume | |
| 15.40 | 15.40 | 15.40 | 15.40 | 200.00 | |
10/30/2024 | 15.34 | 15.34 | 15.34 | 15.34 | 200.00 |
| 15.34 | 15.34 | 15.34 | 15.34 | 1.00 |
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Cathay Dow Trading Date Momentum on October 30, 2024
| On October 31 2024 Cathay Dow Jones was traded for 15.34 at the closing time. The highest price during the trading period was 15.34 and the lowest recorded bid was listed for 15.34 . There was no trading activity during the period 1.0. Lack of trading volume on October 31, 2024 did not affect price variability. The overall trading delta to the current price is 4.11% . |
Cathay Dow Jones Fundamentals Correlations and Trends
By evaluating Cathay Dow'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 Cathay Dow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cathay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cathay Dow Etf history
Cathay Dow 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 Cathay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathay Dow Jones 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 Cathay Dow stock prices may prove useful in developing a viable investing in Cathay Dow
Cathay Dow Etf Technical Analysis
Cathay Dow 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
Cathay Dow Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Cathay Dow Jones 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.
Cathay Dow November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Cathay Dow etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay Dow shares will generate the highest return on investment. By undertsting and applying Cathay Dow etf market strength indicators, traders can identify Cathay Dow Jones entry and exit signals to maximize returns
Cathay Dow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathay Dow's price direction in advance. Along with the technical and fundamental analysis of Cathay Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cathay 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 | 0.1293 | |||
| Jensen Alpha | 0.0429 | |||
| Total Risk Alpha | 0.0039 | |||
| Sortino Ratio | 0.0011 | |||
| Treynor Ratio | 0.183 |
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Other Information on Investing in Cathay Etf
Cathay Dow 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 Dow security.