Fubon NASDAQ (Taiwan) Performance
| 00671R Etf | TWD 3.53 0.01 0.28% |
The etf shows a Beta (market volatility) of -0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fubon NASDAQ are expected to decrease at a much lower rate. During the bear market, Fubon NASDAQ is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Fubon NASDAQ 100 1X has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Etf's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
| Fifty Two Week Low | 12.29 | |
| Fifty Two Week High | 16.86 |
Fubon |
Fubon NASDAQ Relative Risk vs. Return Landscape
If you would invest 378.00 in Fubon NASDAQ 100 1X on August 31, 2024 and sell it today you would lose (25.00) from holding Fubon NASDAQ 100 1X or give up 6.61% of portfolio value over 90 days. Fubon NASDAQ 100 1X is generating negative expected returns and assumes 1.0729% volatility on return distribution over the 90 days horizon. Simply put, 9% 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 NASDAQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fubon NASDAQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fubon NASDAQ 100 1X, and traders can use it to determine the average amount a Fubon NASDAQ'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 = -0.0959
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00671R |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon NASDAQ 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 NASDAQ by adding Fubon NASDAQ to a well-diversified portfolio.
Fubon NASDAQ Fundamentals Growth
Fubon Etf prices reflect investors' perceptions of the future prospects and financial health of Fubon NASDAQ, and Fubon NASDAQ 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 | 1.29 B | |||
About Fubon NASDAQ Performance
By analyzing Fubon NASDAQ's fundamental ratios, stakeholders can gain valuable insights into Fubon NASDAQ's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fubon NASDAQ 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 Fubon NASDAQ has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Fubon NASDAQ is traded on Taiwan Stock Exchange in Taiwan.| Fubon NASDAQ 100 generated a negative expected return over the last 90 days |
Other Information on Investing in Fubon Etf
Fubon NASDAQ 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 NASDAQ security.