Cathay Djia Inv Etf Three Year Return
00669R Etf | TWD 6.33 0.01 0.16% |
Cathay DJIA Inv fundamentals help investors to digest information that contributes to Cathay DJIA'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 DJIA'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 DJIA etf.
Cathay |
Cathay DJIA Inv ETF Three Year Return Analysis
Cathay DJIA's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Cathay DJIA Three Year Return | (15.79) % |
Most of Cathay DJIA's fundamental indicators, such as Three Year Return, 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 DJIA Inv is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Competition |
Based on the latest financial disclosure, Cathay DJIA Inv has a Three Year Return of -15.79%. This is much lower than that of the Cathay Securities Investment Trust family and significantly lower than that of the Three Year Return category. The three year return for all Taiwan etfs is notably higher than that of the company.
Cathay Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cathay DJIA's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Cathay DJIA could also be used in its relative valuation, which is a method of valuing Cathay DJIA by comparing valuation metrics of similar companies.Cathay DJIA is currently under evaluation in three year return as compared to similar ETFs.
Cathay Fundamentals
Total Asset | 2.4 B | |||
One Year Return | (38.33) % | |||
Three Year Return | (15.79) % | |||
Net Asset | 2.4 B |
About Cathay DJIA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cathay DJIA Inv's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay DJIA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay DJIA Inv 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Cathay Etf
Cathay DJIA 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 DJIA security.