Yuanta Global Net Asset vs. Equity Positions Weight
| 00876 Etf | TWD 37.14 0.23 0.62% |
For Yuanta Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yuanta Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yuanta Global NexGen utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yuanta Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yuanta Global NexGen over time as well as its relative position and ranking within its peers.
Yuanta |
Yuanta Global NexGen Equity Positions Weight vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Yuanta Global's current stock value. Our valuation model uses many indicators to compare Yuanta Global value to that of its competitors to determine the firm's financial worth. Yuanta Global NexGen is the top ETF in net asset as compared to similar ETFs. It also is the top ETF in equity positions weight as compared to similar ETFs . The ratio of Net Asset to Equity Positions Weight for Yuanta Global NexGen is about 81,302,499 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Yuanta Global's earnings, one of the primary drivers of an investment's value.Yuanta Equity Positions Weight vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Yuanta Global |
| = | 7.84 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Yuanta Global |
| = | 96.43 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Yuanta Equity Positions Weight Comparison
Yuanta Global is currently under evaluation in equity positions weight as compared to similar ETFs.
Yuanta Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Yuanta Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Yuanta Global will eventually generate negative long term returns. The profitability progress is the general direction of Yuanta Global's change in net profit over the period of time. It can combine multiple indicators of Yuanta Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
YUANTA SECURITIES is traded on Taiwan Stock Exchange in Taiwan.
Yuanta Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Yuanta Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Yuanta Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Yuanta Global's important profitability drivers and their relationship over time.
Use Yuanta Global in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Yuanta Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Yuanta Global will appreciate offsetting losses from the drop in the long position's value.Yuanta Global Pair Trading
Yuanta Global NexGen Pair Trading Analysis
The ability to find closely correlated positions to Yuanta Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yuanta Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Yuanta Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Yuanta Global NexGen to buy it.
The correlation of Yuanta Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yuanta Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yuanta Global NexGen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Yuanta Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Yuanta Global position
In addition to having Yuanta Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Outsourcing Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Yuanta Etf
To fully project Yuanta Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Yuanta Global NexGen at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Yuanta Global's income statement, its balance sheet, and the statement of cash flows.