CTBC TIP (Taiwan) Price on June 5, 2024
| 00894 Etf | 20.03 0.20 1.01% |
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 TIP stands at 20.03, as last reported on the 2nd of December, with the highest price reaching 20.13 and the lowest price hitting 19.58 during the day. Currently, CTBC TIP Customized is very steady. CTBC TIP Customized retains Efficiency (Sharpe Ratio) of 0.0261, which signifies that the etf had a 0.0261% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CTBC TIP, which you can use to evaluate the volatility of the entity. Please confirm CTBC TIP's coefficient of variation of 9369.58, and Market Risk Adjusted Performance of 0.0271 to double-check if the risk estimate we provide is consistent with the expected return of 0.0392%.
CTBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CTBC |
Sharpe Ratio = 0.0261
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00894 |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.04 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 TIP 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 TIP by adding it to a well-diversified portfolio.
CTBC TIP Valuation on June 5, 2024
It is possible to determine the worth of CTBC TIP on a given historical date. On June 5, 2024 CTBC was worth 18.19 at the beginning of the trading date compared to the closed value of 18.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTBC TIP etf. Still, in general, we apply an absolute valuation method to find CTBC TIP'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 TIP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTBC TIP's related companies.
| Open | High | Low | Close | Volume | |
| 18.44 | 18.44 | 18.13 | 18.24 | 9,074 | |
06/05/2024 | 18.19 | 18.32 | 18.09 | 18.25 | 6,367 |
| 18.77 | 18.77 | 18.63 | 18.69 | 8,902 |
| Backtest CTBC TIP | | | CTBC TIP History | Previous | Next |
CTBC TIP Trading Date Momentum on June 5, 2024
| On June 06 2024 CTBC TIP Customized was traded for 18.69 at the closing time. The highest price during the trading period was 18.77 and the lowest recorded bid was listed for 18.63 . The volume for the day was 8.9 K. This history from June 6, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 2.41% . The overall trading delta to the current price is 8.27% . |
Price Boundaries
CTBC TIP Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
CTBC TIP Customized 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.
CTBC TIP December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how CTBC TIP 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 TIP shares will generate the highest return on investment. By undertsting and applying CTBC TIP etf market strength indicators, traders can identify CTBC TIP Customized entry and exit signals to maximize returns
CTBC TIP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTBC TIP'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.