CTBC Treasury (Taiwan) Price on October 21, 2024
| 00795B Etf | TWD 30.09 0.21 0.70% |
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 Treasury stands at 30.09, as last reported on the 29th of November, with the highest price reaching 30.10 and the lowest price hitting 29.98 during the day. CTBC Treasury 20 retains Efficiency (Sharpe Ratio) of -0.0016, which signifies that the etf had a -0.0016% return per unit of risk over the last 3 months. CTBC Treasury exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CTBC Treasury's market risk adjusted performance of 0.549, and Variance of 0.5803 to double-check the risk estimate we provide.
CTBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CTBC |
Sharpe Ratio = -0.0016
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| Negative Returns | 00795B |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CTBC Treasury 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 CTBC Treasury by adding CTBC Treasury to a well-diversified portfolio.
CTBC Treasury Valuation on October 21, 2024
It is possible to determine the worth of CTBC Treasury on a given historical date. On October 21, 2024 CTBC was worth 29.89 at the beginning of the trading date compared to the closed value of 29.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTBC Treasury etf. Still, in general, we apply an absolute valuation method to find CTBC Treasury'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 Treasury where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTBC Treasury's related companies.
| Open | High | Low | Close | Volume | |
| 30.01 | 30.02 | 29.93 | 29.94 | 25,417,000 | |
10/21/2024 | 29.89 | 29.90 | 29.77 | 29.80 | 18,294,000 |
| 29.50 | 29.50 | 29.28 | 29.29 | 38,904,000 |
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CTBC Treasury Trading Date Momentum on October 21, 2024
| On October 22 2024 CTBC Treasury 20 was traded for 29.29 at the closing time. The highest price during the trading period was 29.50 and the lowest recorded bid was listed for 29.28 . The volume for the day was 38.9 M. This history from October 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.71% . The overall trading delta to the current price is 1.34% . |
About CTBC Treasury Etf history
CTBC Treasury 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 Treasury 20 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 Treasury stock prices may prove useful in developing a viable investing in CTBC Treasury
CTBC Treasury Etf Technical Analysis
CTBC Treasury 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 Treasury Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
CTBC Treasury 20 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 Treasury November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how CTBC Treasury 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 Treasury shares will generate the highest return on investment. By undertsting and applying CTBC Treasury etf market strength indicators, traders can identify CTBC Treasury 20 entry and exit signals to maximize returns
CTBC Treasury Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTBC Treasury'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 | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.539 |
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Other Information on Investing in CTBC Etf
CTBC Treasury 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 Treasury security.