Yuanta SP (Taiwan) Performance
| 00642U Etf | TWD 16.34 0.04 0.24% |
The entity maintains a market beta of -0.0473, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yuanta SP are expected to decrease at a much lower rate. During the bear market, Yuanta SP is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Yuanta SP GSCI has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Yuanta SP is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 13.94 | |
| Fifty Two Week High | 24.64 |
Yuanta |
Yuanta SP Relative Risk vs. Return Landscape
If you would invest 1,732 in Yuanta SP GSCI on August 24, 2024 and sell it today you would lose (98.00) from holding Yuanta SP GSCI or give up 5.66% of portfolio value over 90 days. Yuanta SP GSCI is generating negative expected returns and assumes 2.0548% volatility on return distribution over the 90 days horizon. Simply put, 18% 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 |
| Risk |
Yuanta SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Yuanta SP GSCI, and traders can use it to determine the average amount a Yuanta SP'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 = -0.0349
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| Negative Returns | 00642U |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yuanta SP 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 Yuanta SP by adding Yuanta SP to a well-diversified portfolio.
Yuanta SP Fundamentals Growth
Yuanta Etf prices reflect investors' perceptions of the future prospects and financial health of Yuanta SP, and Yuanta SP 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 | 1.83 B | |||
About Yuanta SP Performance
By analyzing Yuanta SP's fundamental ratios, stakeholders can gain valuable insights into Yuanta SP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Yuanta SP 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 SP 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 SP GSCI generated a negative expected return over the last 90 days | |
| The fund holds all of the total net assets in various exotic instrument |
Other Information on Investing in Yuanta Etf
Yuanta SP 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 SP security.