YuantaP Shares (Taiwan) Price on March 6, 2024

0056 Etf   36.54  0.34  0.92%   
If you're considering investing in YuantaP Etf, it is important to understand the factors that can impact its price. As of today, the current price of YuantaP Shares stands at 36.54, as last reported on the 16th of December 2024, with the highest price reaching 37.00 and the lowest price hitting 36.49 during the day. At this stage we consider YuantaP Etf to be very steady. YuantaP shares Taiwan shows Sharpe Ratio of 0.0143, which attests that the etf had a 0.0143% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for YuantaP shares Taiwan, which you can use to evaluate the volatility of the etf. Please check out YuantaP Shares' Downside Deviation of 0.9196, market risk adjusted performance of 0.1356, and Mean Deviation of 0.5286 to validate if the risk estimate we provide is consistent with the expected return of 0.0113%.
  
YuantaP Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0143

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Estimated Market Risk

 0.79
  actual daily
7
93% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average YuantaP Shares is performing at about 1% 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 YuantaP Shares by adding it to a well-diversified portfolio.

YuantaP Shares Valuation on March 6, 2024

It is possible to determine the worth of YuantaP Shares on a given historical date. On March 6, 2024 YuantaP was worth 35.41 at the beginning of the trading date compared to the closed value of 35.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of YuantaP Shares etf. Still, in general, we apply an absolute valuation method to find YuantaP Shares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of YuantaP Shares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against YuantaP Shares' related companies.
 Open High Low Close Volume
  35.34    35.46    35.15    35.44    27,963,029  
03/06/2024
  35.41    35.86    35.36    35.79    31,150,551  
  35.94    36.06    35.67    35.93    33,014,262  
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Open Value
35.41
35.79
Closing Value
37.78
Upside

YuantaP Shares Trading Date Momentum on March 6, 2024

On March 07 2024 YuantaP shares Taiwan Dividend was traded for  35.93  at the closing time. The highest price during the trading period was 36.06  and the lowest recorded bid was listed for  35.67 . The volume for the day was 33 M. This history from March 7, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.39% . The trading price change to the current price is 1.37% .

YuantaP shares Taiwan Fundamentals Correlations and Trends

By evaluating YuantaP Shares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among YuantaP Shares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. YuantaP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About YuantaP Shares Etf history

YuantaP Shares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for YuantaP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in YuantaP shares Taiwan will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing YuantaP Shares stock prices may prove useful in developing a viable investing in YuantaP Shares

YuantaP Shares Etf Technical Analysis

YuantaP Shares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of YuantaP Shares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of YuantaP Shares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

YuantaP Shares Period Price Range

Low
December 16, 2024
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YuantaP shares Taiwan Dividend cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

YuantaP Shares December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how YuantaP Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YuantaP Shares shares will generate the highest return on investment. By undertsting and applying YuantaP Shares etf market strength indicators, traders can identify YuantaP shares Taiwan Dividend entry and exit signals to maximize returns

YuantaP Shares Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for YuantaP Shares' price direction in advance. Along with the technical and fundamental analysis of YuantaP Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of YuantaP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in YuantaP Etf

YuantaP Shares financial ratios help investors to determine whether YuantaP 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 YuantaP with respect to the benefits of owning YuantaP Shares security.