Yuanta EURO (Taiwan) Performance
| 00660 Etf | TWD 39.48 0.17 0.43% |
The entity maintains a market beta of 0.0758, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yuanta EURO's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuanta EURO is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Yuanta EURO STOXX are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Yuanta EURO unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 21.20 | |
| Fifty Two Week High | 25.91 |
Yuanta |
Yuanta EURO Relative Risk vs. Return Landscape
If you would invest 3,475 in Yuanta EURO STOXX on November 18, 2024 and sell it today you would earn a total of 473.00 from holding Yuanta EURO STOXX or generate 13.61% return on investment over 90 days. Yuanta EURO STOXX is generating 0.2229% of daily returns and assumes 0.7316% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Yuanta, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Yuanta EURO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta EURO's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Yuanta EURO STOXX, and traders can use it to determine the average amount a Yuanta EURO'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 = 0.3047
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 00660 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Yuanta EURO is performing at about 23% 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 EURO by adding it to a well-diversified portfolio.
Yuanta EURO Fundamentals Growth
Yuanta Etf prices reflect investors' perceptions of the future prospects and financial health of Yuanta EURO, and Yuanta EURO 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 | 166.05 M | |||
About Yuanta EURO Performance
Assessing Yuanta EURO's fundamental ratios provides investors with valuable insights into Yuanta EURO's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Yuanta EURO is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
YUANTA SECURITIES is traded on Taiwan Stock Exchange in Taiwan.| The fund holds 90.43% of its total net assets in equities |
Other Information on Investing in Yuanta Etf
Yuanta EURO 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 EURO security.