Yuanta Daily (Taiwan) Performance
| 00631L Etf | TWD 233.65 7.35 3.05% |
The entity maintains a market beta of 0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yuanta Daily's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuanta Daily is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Yuanta Daily Taiwan are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Yuanta Daily is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Yuanta |
Yuanta Daily Relative Risk vs. Return Landscape
If you would invest 22,745 in Yuanta Daily Taiwan on August 29, 2024 and sell it today you would earn a total of 620.00 from holding Yuanta Daily Taiwan or generate 2.73% return on investment over 90 days. Yuanta Daily Taiwan is generating 0.0743% of daily returns and assumes 2.4893% volatility on return distribution over the 90 days horizon. Simply put, 22% of etfs are less volatile than Yuanta, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Yuanta Daily Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta Daily's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Yuanta Daily Taiwan, and traders can use it to determine the average amount a Yuanta Daily's 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 = 0.0299
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| Cash | Small Risk | 00631L | High Risk | Huge Risk |
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Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Yuanta Daily is performing at about 2% of its full potential. 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 Yuanta Daily by adding it to a well-diversified portfolio.
Yuanta Daily Fundamentals Growth
Yuanta Etf prices reflect investors' perceptions of the future prospects and financial health of Yuanta Daily, and Yuanta Daily fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Yuanta Etf performance.
| Total Asset | 13.21 B | |||
About Yuanta Daily Performance
By analyzing Yuanta Daily's fundamental ratios, stakeholders can gain valuable insights into Yuanta Daily's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Yuanta Daily 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 Yuanta Daily has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
YUANTA SECURITIES is traded on Taiwan Stock Exchange in Taiwan.