ThaiDex SET50 (Thailand) Performance
| TDEX Etf | THB 9.17 0.01 0.11% |
The entity has a beta of -0.0289, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ThaiDex SET50 are expected to decrease at a much lower rate. During the bear market, ThaiDex SET50 is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in ThaiDex SET50 Exchange are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite quite weak forward-looking signals, ThaiDex SET50 may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Fifty Two Week Low | 10.32 | |
| Fifty Two Week High | 11.50 |
ThaiDex |
ThaiDex SET50 Relative Risk vs. Return Landscape
If you would invest 834.00 in ThaiDex SET50 Exchange on August 24, 2024 and sell it today you would earn a total of 83.00 from holding ThaiDex SET50 Exchange or generate 9.95% return on investment over 90 days. ThaiDex SET50 Exchange is generating 0.1542% of daily returns and assumes 0.8438% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than ThaiDex, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ThaiDex SET50 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ThaiDex SET50's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ThaiDex SET50 Exchange, and traders can use it to determine the average amount a ThaiDex SET50'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 = 0.1827
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average ThaiDex SET50 is performing at about 14% 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 ThaiDex SET50 by adding it to a well-diversified portfolio.
ThaiDex SET50 Fundamentals Growth
ThaiDex Etf prices reflect investors' perceptions of the future prospects and financial health of ThaiDex SET50, and ThaiDex SET50 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 ThaiDex Etf performance.
| Total Asset | 3.31 B | |||
About ThaiDex SET50 Performance
By examining ThaiDex SET50's fundamental ratios, stakeholders can obtain critical insights into ThaiDex SET50's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ThaiDex SET50 is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the SET50 index. THAIDEX SET50 is traded on Stock Exchange of Thailand in Thailand.Other Information on Investing in ThaiDex Etf
ThaiDex SET50 financial ratios help investors to determine whether ThaiDex 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 ThaiDex with respect to the benefits of owning ThaiDex SET50 security.