Fubon Nasdaq 100 1x Etf Net Asset
| 00671R Etf | TWD 3.57 0.02 0.56% |
Fubon NASDAQ 100 1X fundamentals help investors to digest information that contributes to Fubon NASDAQ's financial success or failures. It also enables traders to predict the movement of Fubon Etf. The fundamental analysis module provides a way to measure Fubon NASDAQ'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 Fubon NASDAQ etf.
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Fubon NASDAQ 100 1X ETF Net Asset Analysis
Fubon NASDAQ's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Fubon NASDAQ Net Asset | 1.29 B |
Most of Fubon NASDAQ's fundamental indicators, such as Net 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, Fubon NASDAQ 100 1X is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Fubon NASDAQ 100 1X has a Net Asset of 1.29 B. This is much higher than that of the Fubon Securities Inv Trust Co Ltd family and significantly higher than that of the Net Asset category. The net asset for all Taiwan etfs is notably lower than that of the firm.
Fubon Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fubon NASDAQ's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Fubon NASDAQ could also be used in its relative valuation, which is a method of valuing Fubon NASDAQ by comparing valuation metrics of similar companies.Fubon NASDAQ is fifth largest ETF in net asset as compared to similar ETFs.
Fund Asset Allocation for Fubon NASDAQ
The fund invests 58.95% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Fubon NASDAQ'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.
Fubon Fundamentals
| Total Asset | 1.29 B | |||
| One Year Return | (6.95) % | |||
| Net Asset | 1.29 B | |||
| Equity Positions Weight | 58.95 % |
About Fubon NASDAQ Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fubon NASDAQ 100 1X's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fubon NASDAQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fubon NASDAQ 100 1X 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 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.