Yuanta Daily (Taiwan) Price on November 25, 2024

00648R Etf  TWD 5.06  0.02  0.39%   
If you're considering investing in Yuanta Etf, it is important to understand the factors that can impact its price. As of today, the current price of Yuanta Daily stands at 5.06, as last reported on the 4th of December, with the highest price reaching 5.07 and the lowest price hitting 5.05 during the day. Yuanta Daily SP shows Sharpe Ratio of -0.19, which attests that the etf had a -0.19% return per unit of risk over the last 3 months. Yuanta Daily SP exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yuanta Daily's Market Risk Adjusted Performance of 0.2662, mean deviation of 0.5354, and Standard Deviation of 0.7657 to validate the risk estimate we provide.
  
Yuanta Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1869

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns00648R

Estimated Market Risk

 0.71
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Yuanta Daily is not performing at its full potential. However, 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 Yuanta Daily by adding Yuanta Daily to a well-diversified portfolio.

Yuanta Daily Valuation on November 25, 2024

It is possible to determine the worth of Yuanta Daily on a given historical date. On November 25, 2024 Yuanta was worth 5.1 at the beginning of the trading date compared to the closed value of 5.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yuanta Daily etf. Still, in general, we apply an absolute valuation method to find Yuanta Daily'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 Yuanta Daily where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yuanta Daily's related companies.
 Open High Low Close Volume
  5.15    5.15    5.13    5.13    1,260,074  
11/25/2024
  5.10    5.10    5.09    5.09    1,124,798  
  5.12    5.13    5.10    5.10    601,007  
Backtest Yuanta Daily  |  Yuanta Daily History  |  Yuanta Daily Valuation   PreviousNext  
Open Value
5.1
5.09
Closing Value
7.23
Upside

Yuanta Daily Trading Date Momentum on November 25, 2024

On November 26 2024 Yuanta Daily SP was traded for  5.10  at the closing time. The highest price during the trading period was 5.13  and the lowest recorded bid was listed for  5.10 . The volume for the day was 601 K. This history from November 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.20% . The trading price change to the current price is 0.39% .

Yuanta Daily SP Fundamentals Correlations and Trends

By evaluating Yuanta Daily'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 Yuanta Daily's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yuanta financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Yuanta Daily Etf history

Yuanta Daily 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 Yuanta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yuanta Daily SP 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 Yuanta Daily stock prices may prove useful in developing a viable investing in Yuanta Daily

Yuanta Daily Etf Technical Analysis

Yuanta Daily 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 Yuanta Daily technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Yuanta Daily 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

Yuanta Daily Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Yuanta Daily SP 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.

Yuanta Daily December 4, 2024 Market Strength

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

Yuanta Daily Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Yuanta Daily's price direction in advance. Along with the technical and fundamental analysis of Yuanta Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yuanta 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 Yuanta Etf

Yuanta Daily financial ratios help investors to determine whether Yuanta 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 Yuanta with respect to the benefits of owning Yuanta Daily security.