Cathay TIP (Taiwan) Buy Hold or Sell Recommendation
| 00701 Etf | TWD 29.51 0.08 0.27% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Cathay TIP TAIEX is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Cathay TIP TAIEX given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Cathay TIP TAIEX, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Cathay TIP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Cathay and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Cathay TIP TAIEX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cathay |
Execute Cathay TIP Buy or Sell Advice
The Cathay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cathay TIP TAIEX. Macroaxis does not own or have any residual interests in Cathay TIP TAIEX or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cathay TIP's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Cathay TIP Trading Alerts and Improvement Suggestions
| The fund holds 93.54% of its total net assets in equities |
Cathay TIP Returns Distribution Density
The distribution of Cathay TIP's historical returns is an attempt to chart the uncertainty of Cathay TIP's future price movements. The chart of the probability distribution of Cathay TIP daily returns describes the distribution of returns around its average expected value. We use Cathay TIP TAIEX price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cathay TIP returns is essential to provide solid investment advice for Cathay TIP.
| Mean Return | 0.06 | Value At Risk | -0.68 | Potential Upside | 0.85 | Standard Deviation | 0.49 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cathay TIP historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cathay TIP Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cathay TIP or Cathay Securities Investment Trust sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cathay TIP's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cathay etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.13 |
Cathay TIP Volatility Alert
Cathay TIP TAIEX exhibits very low volatility with skewness of -0.06 and kurtosis of -0.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cathay TIP's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cathay TIP's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cathay TIP Fundamentals Vs Peers
Comparing Cathay TIP's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cathay TIP's direct or indirect competition across all of the common fundamentals between Cathay TIP and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cathay TIP or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Cathay TIP's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cathay TIP by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cathay TIP to competition |
| Fundamentals | Cathay TIP | Peer Average |
| One Year Return | 2.02 % | (0.97) % |
| Three Year Return | 8.34 % | 3.23 % |
| Net Asset | 8.04 B | 2.29 B |
| Equity Positions Weight | 93.54 % | 52.82 % |
Cathay TIP Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cathay . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 2099.08 | |||
| Daily Balance Of Power | (0.35) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 29.63 | |||
| Day Typical Price | 29.59 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.08) | |||
| Relative Strength Index | 56.78 |
About Cathay TIP Buy or Sell Advice
When is the right time to buy or sell Cathay TIP TAIEX? Buying financial instruments such as Cathay Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Cathay TIP 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?
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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 Broad Market ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Cathay Etf
Cathay TIP financial ratios help investors to determine whether Cathay 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 Cathay with respect to the benefits of owning Cathay TIP security.