Fubon FTSE (Taiwan) Price on November 24, 2023
| 006208 Etf | TWD 114.90 0.35 0.31% |
If you're considering investing in Fubon Etf, it is important to understand the factors that can impact its price. As of today, the current price of Fubon FTSE stands at 114.90, as last reported on the 26th of December, with the highest price reaching 115.20 and the lowest price hitting 114.55 during the day. At this point, Fubon FTSE is very steady. Fubon FTSE TWSE secures Sharpe Ratio (or Efficiency) of 0.0641, which denotes the etf had a 0.0641% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Fubon FTSE TWSE, which you can use to evaluate the volatility of the entity. Please confirm Fubon FTSE's Downside Deviation of 1.11, semi deviation of 0.9003, and Mean Deviation of 0.8143 to check if the risk estimate we provide is consistent with the expected return of 0.0697%.
Fubon Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Fubon |
Sharpe Ratio = 0.0641
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 006208 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fubon FTSE is performing at about 5% 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 Fubon FTSE by adding it to a well-diversified portfolio.
Fubon FTSE Valuation on November 24, 2023
It is possible to determine the worth of Fubon FTSE on a given historical date. On November 24, 2023 Fubon was worth 75.0 at the beginning of the trading date compared to the closed value of 74.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon FTSE etf. Still, in general, we apply an absolute valuation method to find Fubon FTSE's 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 Fubon FTSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon FTSE's related companies.
| Open | High | Low | Close | Volume | |
| 75.00 | 75.05 | 74.60 | 74.90 | 1,664,954 | |
11/24/2023 | 75.00 | 75.05 | 74.80 | 74.85 | 1,631,349 |
| 74.85 | 75.15 | 74.20 | 74.20 | 5,327,343 |
| Backtest Fubon FTSE | | | Fubon FTSE History | | | Fubon FTSE Valuation | Previous | Next |
Fubon FTSE Trading Date Momentum on November 24, 2023
| On November 27 2023 Fubon FTSE TWSE was traded for 74.20 at the closing time. The highest price during the trading period was 75.15 and the lowest recorded bid was listed for 74.20 . The volume for the day was 5.3 M. This history from November 27, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.87% . The overall trading delta to the current price is 0.53% . |
Fubon FTSE TWSE Fundamentals Correlations and Trends
By evaluating Fubon FTSE's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fubon FTSE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fubon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fubon FTSE Etf history
Fubon FTSE 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 Fubon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fubon FTSE TWSE 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 Fubon FTSE stock prices may prove useful in developing a viable investing in Fubon FTSE
The investment seeks to track the price and performance yield, before fees and expenses, of the MSCI Taiwan index but it closely track the performance of Taiwan 50 Index . Fubon FTSE is traded on Taiwan Stock Exchange in Taiwan.
Fubon FTSE Etf Technical Analysis
Fubon FTSE 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.
Price Boundaries
Fubon FTSE Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Fubon FTSE TWSE 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.
Fubon FTSE December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon FTSE etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fubon FTSE shares will generate the highest return on investment. By undertsting and applying Fubon FTSE etf market strength indicators, traders can identify Fubon FTSE TWSE entry and exit signals to maximize returns
Fubon FTSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon FTSE's price direction in advance. Along with the technical and fundamental analysis of Fubon Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fubon 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.
| Risk Adjusted Performance | 0.0753 | |||
| Jensen Alpha | 0.0788 | |||
| Total Risk Alpha | 0.0417 | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | 0.3016 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Fubon Etf
Fubon FTSE financial ratios help investors to determine whether Fubon 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 Fubon with respect to the benefits of owning Fubon FTSE security.