Fubon NIFTY (Taiwan) Performance
| 00652 Etf | TWD 37.64 0.29 0.78% |
The etf shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fubon NIFTY's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fubon NIFTY is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Fubon NIFTY has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Fubon NIFTY is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Fifty Two Week Low | 19.87 | |
| Fifty Two Week High | 24.87 |
Fubon |
Fubon NIFTY Relative Risk vs. Return Landscape
If you would invest 4,000 in Fubon NIFTY on August 25, 2024 and sell it today you would lose (236.00) from holding Fubon NIFTY or give up 5.9% of portfolio value over 90 days. Fubon NIFTY is generating negative expected returns and assumes 0.7942% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Fubon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fubon NIFTY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fubon NIFTY's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fubon NIFTY, and traders can use it to determine the average amount a Fubon NIFTY'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 = -0.1176
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00652 |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon NIFTY 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 Fubon NIFTY by adding Fubon NIFTY to a well-diversified portfolio.
Fubon NIFTY Fundamentals Growth
Fubon Etf prices reflect investors' perceptions of the future prospects and financial health of Fubon NIFTY, and Fubon NIFTY 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 Fubon Etf performance.
| Total Asset | 332.11 M | |||
About Fubon NIFTY Performance
Assessing Fubon NIFTY's fundamental ratios provides investors with valuable insights into Fubon NIFTY's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Fubon NIFTY is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Fubon NIFTY is traded on Taiwan Stock Exchange in Taiwan.| Fubon NIFTY generated a negative expected return over the last 90 days |
Other Information on Investing in Fubon Etf
Fubon NIFTY financial ratios help investors to determine whether Fubon 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 Fubon with respect to the benefits of owning Fubon NIFTY security.