YuantaP Shares (Taiwan) Performance
| 006201 Etf | TWD 22.73 0.21 0.93% |
The entity maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and YuantaP Shares are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days YuantaP shares Taiwan GreTai has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, YuantaP Shares is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
YuantaP |
YuantaP Shares Relative Risk vs. Return Landscape
If you would invest 2,343 in YuantaP shares Taiwan GreTai on August 25, 2024 and sell it today you would lose (70.00) from holding YuantaP shares Taiwan GreTai or give up 2.99% of portfolio value over 90 days. YuantaP shares Taiwan GreTai is generating negative expected returns and assumes 1.0961% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than YuantaP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
YuantaP Shares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for YuantaP Shares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as YuantaP shares Taiwan GreTai, and traders can use it to determine the average amount a YuantaP Shares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0385
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 006201 |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average YuantaP Shares is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of YuantaP Shares by adding YuantaP Shares to a well-diversified portfolio.
About YuantaP Shares Performance
By analyzing YuantaP Shares' fundamental ratios, stakeholders can gain valuable insights into YuantaP Shares' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if YuantaP Shares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if YuantaP Shares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| YuantaP Shares generated a negative expected return over the last 90 days |
Other Information on Investing in YuantaP Etf
YuantaP Shares financial ratios help investors to determine whether YuantaP 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 YuantaP with respect to the benefits of owning YuantaP Shares security.