Yuanta Global (Taiwan) Performance
| 00876 Etf | TWD 37.14 0.23 0.62% |
The entity maintains a market beta of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yuanta Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuanta Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Yuanta Global NexGen has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Yuanta Global is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Yuanta Global Relative Risk vs. Return Landscape
If you would invest 3,811 in Yuanta Global NexGen on August 28, 2024 and sell it today you would lose (97.00) from holding Yuanta Global NexGen or give up 2.55% of portfolio value over 90 days. Yuanta Global NexGen is generating negative expected returns and assumes 1.3529% volatility on return distribution over the 90 days horizon. Simply put, 12% 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 Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Yuanta Global NexGen, and traders can use it to determine the average amount a Yuanta Global'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 = -0.024
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00876 |
Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yuanta Global 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 Global by adding Yuanta Global to a well-diversified portfolio.
Yuanta Global Fundamentals Growth
Yuanta Etf prices reflect investors' perceptions of the future prospects and financial health of Yuanta Global, and Yuanta Global 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 | 7.84 B | |||
About Yuanta Global Performance
Assessing Yuanta Global's fundamental ratios provides investors with valuable insights into Yuanta Global's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Yuanta Global 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.| Yuanta Global NexGen generated a negative expected return over the last 90 days | |
| The fund holds 96.43% of its total net assets in equities |
Other Information on Investing in Yuanta Etf
Yuanta Global 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 Global security.