Cathay Nasdaq Ai Etf Cash Per Share
00737 Etf | TWD 33.67 0.10 0.30% |
Cathay Nasdaq AI fundamentals help investors to digest information that contributes to Cathay Nasdaq'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 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 Cathay Nasdaq etf.
Cathay |
Cathay Nasdaq AI ETF Cash Per Share Analysis
Cathay Nasdaq's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, Cathay Nasdaq AI has a Cash Per Share of 0.0 times. This indicator is about the same for the Cathay Securities Investment Trust average (which is currently at 0.0) family and about the same as Cash Per Share (which currently averages 0.0) category. This indicator is about the same for all Taiwan etfs average (which is currently at 0.0).
Cathay Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cathay Nasdaq's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Cathay Nasdaq could also be used in its relative valuation, which is a method of valuing Cathay Nasdaq by comparing valuation metrics of similar companies.Cathay Nasdaq is currently under evaluation in cash per share as compared to similar ETFs.
Fund Asset Allocation for Cathay Nasdaq
The fund consists of 94.61% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Cathay 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.
Cathay Fundamentals
Total Asset | 1.09 B | |||
One Year Return | 77.66 % | |||
Net Asset | 1.09 B | |||
Equity Positions Weight | 94.61 % |
About Cathay Nasdaq Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cathay Nasdaq AI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay Nasdaq using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay Nasdaq AI 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 Nasdaq 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 Nasdaq security.