Cathay Koreataiwan (Taiwan) Price on December 3, 2024
| 00735 Etf | TWD 32.57 0.16 0.49% |
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 Koreataiwan stands at 32.57, as last reported on the 11th of December 2024, with the highest price reaching 32.73 and the lowest price hitting 32.50 during the day. Currently, Cathay Koreataiwan IT is very steady. Cathay Koreataiwan secures Sharpe Ratio (or Efficiency) of 0.0293, which signifies that the etf had a 0.0293% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cathay Koreataiwan IT, which you can use to evaluate the volatility of the entity. Please confirm Cathay Koreataiwan's Downside Deviation of 0.9603, mean deviation of 0.6793, and Risk Adjusted Performance of 0.0289 to double-check if the risk estimate we provide is consistent with the expected return of 0.0244%.
Cathay Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Cathay |
Sharpe Ratio = 0.0293
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| Negative Returns | 00735 |
Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Cathay Koreataiwan is performing at about 2% 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 Koreataiwan by adding it to a well-diversified portfolio.
Cathay Koreataiwan Valuation on December 3, 2024
It is possible to determine the worth of Cathay Koreataiwan on a given historical date. On December 3, 2024 Cathay was worth 32.98 at the beginning of the trading date compared to the closed value of 32.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathay Koreataiwan etf. Still, in general, we apply an absolute valuation method to find Cathay Koreataiwan'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 Koreataiwan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathay Koreataiwan's related companies.
| Open | High | Low | Close | Volume | |
| 32.27 | 32.50 | 32.26 | 32.50 | 240,358 | |
12/03/2024 | 32.98 | 32.98 | 32.70 | 32.85 | 166,902 |
| 32.58 | 32.80 | 32.57 | 32.80 | 207,506 |
| Backtest Cathay Koreataiwan | | | Cathay Koreataiwan History | | | Cathay Koreataiwan Valuation | Previous | Next |
Cathay Koreataiwan Trading Date Momentum on December 3, 2024
| On December 04 2024 Cathay Koreataiwan IT was traded for 32.80 at the closing time. The highest price during the trading period was 32.80 and the lowest recorded bid was listed for 32.57 . The volume for the day was 207.5 K. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.15% . The overall trading delta to the current price is 0.61% . |
Cathay Koreataiwan Fundamentals Correlations and Trends
By evaluating Cathay Koreataiwan'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 Koreataiwan'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 Koreataiwan Etf history
Cathay Koreataiwan 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 Koreataiwan 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 Koreataiwan stock prices may prove useful in developing a viable investing in Cathay Koreataiwan
Cathay Koreataiwan Etf Technical Analysis
Cathay Koreataiwan 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 Koreataiwan Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Cathay Koreataiwan IT 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 Koreataiwan December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Cathay Koreataiwan 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 Koreataiwan shares will generate the highest return on investment. By undertsting and applying Cathay Koreataiwan etf market strength indicators, traders can identify Cathay Koreataiwan IT entry and exit signals to maximize returns
Cathay Koreataiwan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathay Koreataiwan'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 | 0.0289 | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1136 |
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Other Information on Investing in Cathay Etf
Cathay Koreataiwan 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 Koreataiwan security.