CTBC 20 (Taiwan) Performance
| 00862B Etf | TWD 34.51 0.11 0.32% |
The etf owns a Beta (Systematic Risk) of 0.0772, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CTBC 20's returns are expected to increase less than the market. However, during the bear market, the loss of holding CTBC 20 is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in CTBC 20 Year are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, CTBC 20 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 37.02 | |
| Fifty Two Week High | 42.43 |
CTBC |
CTBC 20 Relative Risk vs. Return Landscape
If you would invest 3,415 in CTBC 20 Year on September 2, 2024 and sell it today you would earn a total of 36.00 from holding CTBC 20 Year or generate 1.05% return on investment over 90 days. CTBC 20 Year is generating 0.0184% of daily returns and assumes 0.6326% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than CTBC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CTBC 20 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CTBC 20's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CTBC 20 Year, and traders can use it to determine the average amount a CTBC 20'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 = 0.029
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00862B |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 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 20 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 20 by adding it to a well-diversified portfolio.
About CTBC 20 Performance
By analyzing CTBC 20's fundamental ratios, stakeholders can gain valuable insights into CTBC 20's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CTBC 20 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 CTBC 20 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.