Yuanta Daily (Taiwan) Performance
| 00632R Etf | TWD 22.27 0.10 0.45% |
The entity maintains a market beta of -4.65, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Yuanta Daily are expected to decrease by larger amounts. On the other hand, during market turmoil, Yuanta Daily is expected to outperform it.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Yuanta Daily Taiwan are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Yuanta Daily sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 11.31 | |
| Fifty Two Week High | 13.89 |
Yuanta |
Yuanta Daily Relative Risk vs. Return Landscape
If you would invest 330.00 in Yuanta Daily Taiwan on November 3, 2024 and sell it today you would earn a total of 1,897 from holding Yuanta Daily Taiwan or generate 574.85% return on investment over 90 days. Yuanta Daily Taiwan is generating 10.0728% of daily returns and assumes 76.8898% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Yuanta on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
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 = 0.131
| Best Portfolio | Best Equity | 00632R | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 76.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Yuanta Daily is performing at about 10% 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 | 69.64 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.| Yuanta Daily Taiwan is not yet fully synchronised with the market data | |
| Yuanta Daily Taiwan is way too risky over 90 days horizon | |
| Yuanta Daily Taiwan appears to be risky and price may revert if volatility continues | |
| The fund generated three year return of -14.0% |
Other Information on Investing in Yuanta Etf
Yuanta Daily 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 Daily security.