Fubon NASDAQ (Taiwan) Price on November 28, 2023
| 00671R Etf | TWD 3.53 0.01 0.28% |
If you're considering investing in Fubon Etf, it is important to understand the factors that can impact its price. As of today, the current price of Fubon NASDAQ stands at 3.53, as last reported on the 2nd of December, with the highest price reaching 3.55 and the lowest price hitting 3.53 during the day. Fubon NASDAQ 100 secures Sharpe Ratio (or Efficiency) of -0.0959, which denotes the etf had a -0.0959% return per unit of standard deviation over the last 3 months. Fubon NASDAQ 100 1X exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fubon NASDAQ's Coefficient Of Variation of (1,153), mean deviation of 0.7657, and Standard Deviation of 1.08 to check the risk estimate we provide.
Fubon Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Fubon |
Sharpe Ratio = -0.0959
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00671R |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon NASDAQ 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 Fubon NASDAQ by adding Fubon NASDAQ to a well-diversified portfolio.
Fubon NASDAQ Valuation on November 28, 2023
It is possible to determine the worth of Fubon NASDAQ on a given historical date. On November 28, 2023 Fubon was worth 4.59 at the beginning of the trading date compared to the closed value of 4.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon NASDAQ etf. Still, in general, we apply an absolute valuation method to find Fubon NASDAQ'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 Fubon NASDAQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon NASDAQ's related companies.
| Open | High | Low | Close | Volume | |
| 4.59 | 4.61 | 4.59 | 4.61 | 6,483,000 | |
11/28/2023 | 4.59 | 4.60 | 4.58 | 4.59 | 7,788,000 |
| 4.56 | 4.57 | 4.56 | 4.57 | 8,222,000 |
| Backtest Fubon NASDAQ | | | Fubon NASDAQ History | | | Fubon NASDAQ Valuation | Previous | Next |
Fubon NASDAQ Trading Date Momentum on November 28, 2023
| On November 29 2023 Fubon NASDAQ 100 1X was traded for 4.57 at the closing time. The highest price during the trading period was 4.57 and the lowest recorded bid was listed for 4.56 . The volume for the day was 8.2 M. This history from November 29, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.44% . The overall trading delta to the current price is 0.44% . |
Fubon NASDAQ 100 Fundamentals Correlations and Trends
By evaluating Fubon NASDAQ'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 Fubon NASDAQ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fubon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fubon NASDAQ Etf history
Fubon NASDAQ 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 Fubon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fubon NASDAQ 100 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 Fubon NASDAQ stock prices may prove useful in developing a viable investing in Fubon NASDAQ
Fubon NASDAQ Etf Technical Analysis
Fubon NASDAQ 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
Fubon NASDAQ Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Fubon NASDAQ 100 1X 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.
Fubon NASDAQ December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon NASDAQ etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fubon NASDAQ shares will generate the highest return on investment. By undertsting and applying Fubon NASDAQ etf market strength indicators, traders can identify Fubon NASDAQ 100 1X entry and exit signals to maximize returns
Fubon NASDAQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon NASDAQ's price direction in advance. Along with the technical and fundamental analysis of Fubon Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fubon 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 | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.1937 |
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Other Information on Investing in Fubon Etf
Fubon NASDAQ financial ratios help investors to determine whether Fubon 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 Fubon with respect to the benefits of owning Fubon NASDAQ security.