CTBC 20 (Taiwan) Price on December 1, 2024
| 00862B Etf | TWD 34.51 0.11 0.32% |
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 20 stands at 34.51, as last reported on the 1st of December, with the highest price reaching 34.51 and the lowest price hitting 34.46 during the day. At this point, CTBC 20 is very steady. CTBC 20 Year retains Efficiency (Sharpe Ratio) of 0.029, which signifies that the etf had a 0.029% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CTBC 20, which you can use to evaluate the volatility of the entity. Please confirm CTBC 20's coefficient of variation of 19238.22, and Market Risk Adjusted Performance of (0.08) to double-check if the risk estimate we provide is consistent with the expected return of 0.0184%.
CTBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CTBC |
Sharpe Ratio = 0.029
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| Negative Returns | 00862B |
Estimated Market Risk
| 0.63 actual daily | 5 95% 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 CTBC 20 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 CTBC 20 by adding it to a well-diversified portfolio.
CTBC 20 Valuation on December 1, 2024
It is possible to determine the worth of CTBC 20 on a given historical date. On December 1, 2024 CTBC was worth 34.47 at the beginning of the trading date compared to the closed value of 34.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTBC 20 etf. Still, in general, we apply an absolute valuation method to find CTBC 20'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 20 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTBC 20's related companies.
| Open | High | Low | Close | Volume | |
| 34.47 | 34.51 | 34.46 | 34.51 | 1,102,043 | |
12/01/2024 | 34.47 | 34.51 | 34.46 | 34.51 | 0.00 |
| Backtest CTBC 20 | | | CTBC 20 History | Previous |
CTBC 20 Trading Date Momentum on December 1, 2024
| On December 01 2024 CTBC 20 Year was traded for 34.51 at the closing time. The highest price during the trading period was 34.51 and the lowest recorded bid was listed for 34.46 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta to the current price is 0.12% . |
About CTBC 20 Etf history
CTBC 20 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 20 Year 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 20 stock prices may prove useful in developing a viable investing in CTBC 20
CTBC 20 Etf Technical Analysis
CTBC 20 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 20 Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
CTBC 20 Year 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 20 December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how CTBC 20 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 20 shares will generate the highest return on investment. By undertsting and applying CTBC 20 etf market strength indicators, traders can identify CTBC 20 Year entry and exit signals to maximize returns
CTBC 20 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTBC 20'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 | 0.0018 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | (0.09) |
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Other Information on Investing in CTBC Etf
CTBC 20 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 20 security.