Yuanta Daily (Taiwan) Performance
| 00647L Etf | TWD 102.60 1.55 1.53% |
The entity maintains a market beta of 0.0838, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yuanta Daily's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuanta Daily is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Yuanta Daily SP are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Yuanta Daily may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Fifty Two Week Low | 22.75 | |
| Fifty Two Week High | 38.12 |
Yuanta |
Yuanta Daily Relative Risk vs. Return Landscape
If you would invest 9,160 in Yuanta Daily SP on August 28, 2024 and sell it today you would earn a total of 1,100 from holding Yuanta Daily SP or generate 12.01% return on investment over 90 days. Yuanta Daily SP is generating 0.195% of daily returns and assumes 1.5509% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than Yuanta, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Yuanta Daily Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta Daily's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Yuanta Daily SP, and traders can use it to determine the average amount a Yuanta Daily's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1257
| Best Portfolio | Best Equity | |||
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| Small Returns | 00647L | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Yuanta Daily is performing at about 9% 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 Yuanta Daily by adding it to a well-diversified portfolio.
Yuanta Daily Fundamentals Growth
Yuanta Etf prices reflect investors' perceptions of the future prospects and financial health of Yuanta Daily, and Yuanta Daily fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Yuanta Etf performance.
| Total Asset | 159.74 M | |||
About Yuanta Daily Performance
By analyzing Yuanta Daily's fundamental ratios, stakeholders can gain valuable insights into Yuanta Daily's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Yuanta Daily has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Yuanta Daily has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
YUANTA SECURITIES is traded on Taiwan Stock Exchange in Taiwan.