Yuanta 10 Investment Etf Three Year Return
00788B Etf | TWD 32.08 0.10 0.31% |
Yuanta 10 Investment fundamentals help investors to digest information that contributes to Yuanta 10's financial success or failures. It also enables traders to predict the movement of Yuanta Etf. The fundamental analysis module provides a way to measure Yuanta 10'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 Yuanta 10 etf.
Yuanta |
Yuanta 10 Investment ETF Three Year Return Analysis
Yuanta 10'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% |
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.
Based on the latest financial disclosure, Yuanta 10 Investment has a Three Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Three Year Return (which currently averages 0.0) category. This indicator is about the same for all Taiwan etfs average (which is currently at 0.0).
Yuanta Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Yuanta 10'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 Yuanta 10 could also be used in its relative valuation, which is a method of valuing Yuanta 10 by comparing valuation metrics of similar companies.Yuanta 10 is currently under evaluation in three year return as compared to similar ETFs.
About Yuanta 10 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Yuanta 10 Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Yuanta 10 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Yuanta 10 Investment 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.
Pair Trading with Yuanta 10
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Yuanta 10 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Yuanta 10 will appreciate offsetting losses from the drop in the long position's value.Moving against Yuanta Etf
0.79 | 00881 | Cathay Taiwan 5G | PairCorr |
0.7 | 0050 | YuantaP shares Taiwan | PairCorr |
0.59 | 0053 | YuantaP shares Taiwan | PairCorr |
0.59 | 0057 | Fubon MSCI Taiwan | PairCorr |
0.55 | 00878 | Cathay Sustainability | PairCorr |
The ability to find closely correlated positions to Yuanta 10 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yuanta 10 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Yuanta 10 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Yuanta 10 Investment to buy it.
The correlation of Yuanta 10 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yuanta 10 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yuanta 10 Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Yuanta 10 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Yuanta Etf
Yuanta 10 financial ratios help investors to determine whether Yuanta 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 Yuanta with respect to the benefits of owning Yuanta 10 security.