Cathay Dow (Taiwan) Price on December 4, 2024

00668K Etf  USD 16.08  0.06  0.37%   
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 16.08, as last reported on the 12th of December 2024, with the highest price reaching 16.08 and the lowest price hitting 16.08 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-eight 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 0.1389, mean deviation of 0.5389, and Downside Deviation of 0.5645 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.

Sharpe Ratio = 0.1646

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Estimated Market Risk

 0.72
  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 December 4, 2024

It is possible to determine the worth of Cathay Dow on a given historical date. On December 4, 2024 Cathay was worth 16.25 at the beginning of the trading date compared to the closed value of 16.25. 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
  16.27    16.27    16.27    16.27    200.00  
12/04/2024
  16.25    16.25    16.25    16.25    200.00  
  16.36    16.36    16.36    16.36    200.00  
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Open Value
16.25
16.25
Closing Value
18.40
Upside

Cathay Dow Trading Date Momentum on December 4, 2024

On December 05 2024 Cathay Dow Jones was traded for  16.36  at the closing time. The highest price during the trading period was 16.36  and the lowest recorded bid was listed for  16.36 . The volume for the day was 200. This history from December 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.68% . The overall trading delta to the current price is 1.05% .

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.
A focus of Cathay Dow technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cathay Dow 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

Cathay Dow Period Price Range

Low
December 12, 2024
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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 December 12, 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.

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.