Cathay Nikkei 225 Etf Total Asset
| 00657K Etf | USD 13.83 0.04 0.29% |
Cathay Nikkei 225 fundamentals help investors to digest information that contributes to Cathay Nikkei's financial success or failures. It also enables traders to predict the movement of Cathay Etf. The fundamental analysis module provides a way to measure Cathay Nikkei's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cathay Nikkei etf.
Cathay |
Cathay Nikkei 225 ETF Total Asset Analysis
Cathay Nikkei's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Cathay Nikkei Total Asset | 133.31 M |
Most of Cathay Nikkei's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cathay Nikkei 225 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Based on the latest financial disclosure, Cathay Nikkei 225 has a Total Asset of 133.31 M. This is much higher than that of the Cathay Securities Investment Trust family and significantly higher than that of the Total Asset category. The total asset for all Taiwan etfs is notably lower than that of the firm.
Cathay Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cathay Nikkei's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Cathay Nikkei could also be used in its relative valuation, which is a method of valuing Cathay Nikkei by comparing valuation metrics of similar companies.Cathay Nikkei is currently under evaluation in total asset as compared to similar ETFs.
Fund Asset Allocation for Cathay Nikkei
The fund consists of 86.03% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Cathay Nikkei's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Cathay Fundamentals
| Total Asset | 133.31 M | |||
| One Year Return | 6.39 % | |||
| Three Year Return | 5.63 % | |||
| Net Asset | 133.31 M | |||
| Equity Positions Weight | 86.03 % |
About Cathay Nikkei Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cathay Nikkei 225's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay Nikkei using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay Nikkei 225 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Cathay Nikkei 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 Nikkei security.