Cathay Dow (Taiwan) Performance
| 00668K Etf | USD 16.25 0.05 0.31% |
The etf shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cathay Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathay Dow is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Cathay Dow Jones are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, Cathay Dow may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Cathay |
Cathay Dow Relative Risk vs. Return Landscape
If you would invest 1,510 in Cathay Dow Jones on August 31, 2024 and sell it today you would earn a total of 115.00 from holding Cathay Dow Jones or generate 7.62% return on investment over 90 days. Cathay Dow Jones is generating 0.1213% of daily returns and assumes 0.7654% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Cathay, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cathay Dow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay Dow's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cathay Dow Jones, and traders can use it to determine the average amount a Cathay Dow'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 = 0.1585
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 00668K | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Cathay Dow is performing at about 12% 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 Cathay Dow by adding it to a well-diversified portfolio.
Cathay Dow Fundamentals Growth
Cathay Etf prices reflect investors' perceptions of the future prospects and financial health of Cathay Dow, and Cathay Dow 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 Cathay Etf performance.
| Total Asset | 436.84 M | |||
About Cathay Dow Performance
By analyzing Cathay Dow's fundamental ratios, stakeholders can gain valuable insights into Cathay Dow's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cathay Dow 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 Cathay Dow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.| The fund holds 91.77% of its total net assets in equities |
Other Information on Investing in Cathay Etf
Cathay Dow financial ratios help investors to determine whether Cathay 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 Cathay with respect to the benefits of owning Cathay Dow security.