CTBC USD (Taiwan) Price on November 29, 2024
| 00772B Etf | TWD 36.70 0.30 0.82% |
If you're considering investing in CTBC Etf, it is important to understand the factors that can impact its price. As of today, the current price of CTBC USD stands at 36.70, as last reported on the 3rd of December, with the highest price reaching 36.72 and the lowest price hitting 36.47 during the day. At this point, CTBC USD is very steady. CTBC USD Corporate retains Efficiency (Sharpe Ratio) of 0.0251, which signifies that the etf had a 0.0251% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CTBC USD, which you can use to evaluate the volatility of the entity. Please confirm CTBC USD's coefficient of variation of 3990.28, and Market Risk Adjusted Performance of 0.0568 to double-check if the risk estimate we provide is consistent with the expected return of 0.0142%.
CTBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CTBC |
Sharpe Ratio = 0.0251
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| Negative Returns | 00772B |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average CTBC USD is performing at about 1% 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 CTBC USD by adding it to a well-diversified portfolio.
CTBC USD Valuation on November 29, 2024
It is possible to determine the worth of CTBC USD on a given historical date. On November 29, 2024 CTBC was worth 36.31 at the beginning of the trading date compared to the closed value of 36.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTBC USD etf. Still, in general, we apply an absolute valuation method to find CTBC USD'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 CTBC USD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTBC USD's related companies.
| Open | High | Low | Close | Volume | |
| 36.18 | 36.30 | 36.15 | 36.29 | 8,368,767 | |
11/29/2024 | 36.31 | 36.40 | 36.31 | 36.40 | 7,336,416 |
| 36.47 | 36.72 | 36.47 | 36.70 | 8,812,783 |
| Backtest CTBC USD | | | CTBC USD History | Previous | Next |
CTBC USD Trading Date Momentum on November 29, 2024
| On December 02 2024 CTBC USD Corporate was traded for 36.70 at the closing time. The highest price during the trading period was 36.72 and the lowest recorded bid was listed for 36.47 . The volume for the day was 8.8 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.82% . The overall trading delta to the current price is 0.19% . |
About CTBC USD Etf history
CTBC USD 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 CTBC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CTBC USD Corporate 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 CTBC USD stock prices may prove useful in developing a viable investing in CTBC USD
CTBC USD Etf Technical Analysis
CTBC USD 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
CTBC USD Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
CTBC USD Corporate cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
CTBC USD December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how CTBC USD etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTBC USD shares will generate the highest return on investment. By undertsting and applying CTBC USD etf market strength indicators, traders can identify CTBC USD Corporate entry and exit signals to maximize returns
CTBC USD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTBC USD's price direction in advance. Along with the technical and fundamental analysis of CTBC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTBC 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 | 0.0156 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.0468 |
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Other Information on Investing in CTBC Etf
CTBC USD financial ratios help investors to determine whether CTBC 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 CTBC with respect to the benefits of owning CTBC USD security.