Fubon NIFTY (Taiwan) Price on November 25, 2024
| 00652 Etf | TWD 38.97 0.68 1.78% |
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 NIFTY stands at 38.97, as last reported on the 17th of December 2024, with the highest price reaching 39.18 and the lowest price hitting 38.95 during the day. Fubon NIFTY secures Sharpe Ratio (or Efficiency) of -0.0513, which denotes the etf had a -0.0513% return per unit of standard deviation over the last 3 months. Fubon NIFTY exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fubon NIFTY's Standard Deviation of 0.9458, mean deviation of 0.7166, and Coefficient Of Variation of (2,408) to check the risk estimate we provide.
Fubon Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Fubon |
Sharpe Ratio = -0.0513
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| Negative Returns | 00652 |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon NIFTY 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 Fubon NIFTY by adding Fubon NIFTY to a well-diversified portfolio.
Fubon NIFTY Valuation on November 25, 2024
It is possible to determine the worth of Fubon NIFTY on a given historical date. On November 25, 2024 Fubon was worth 38.0 at the beginning of the trading date compared to the closed value of 38.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon NIFTY etf. Still, in general, we apply an absolute valuation method to find Fubon NIFTY'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 NIFTY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon NIFTY's related companies.
| Open | High | Low | Close | Volume | |
| 37.35 | 37.71 | 37.35 | 37.64 | 222,437 | |
11/25/2024 | 38.00 | 38.87 | 38.00 | 38.83 | 401,592 |
| 38.80 | 38.80 | 38.47 | 38.52 | 330,639 |
| Backtest Fubon NIFTY | | | Fubon NIFTY History | | | Fubon NIFTY Valuation | Previous | Next |
Fubon NIFTY Trading Date Momentum on November 25, 2024
| On November 26 2024 Fubon NIFTY was traded for 38.52 at the closing time. The highest price during the trading period was 38.80 and the lowest recorded bid was listed for 38.47 . The volume for the day was 330.6 K. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.80% . The overall trading delta to the current price is 0.28% . |
Fubon NIFTY Fundamentals Correlations and Trends
By evaluating Fubon NIFTY'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 NIFTY'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 NIFTY Etf history
Fubon NIFTY 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 NIFTY 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 NIFTY stock prices may prove useful in developing a viable investing in Fubon NIFTY
Fubon NIFTY Etf Technical Analysis
Fubon NIFTY 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 NIFTY Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Fubon NIFTY 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 NIFTY December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon NIFTY 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 NIFTY shares will generate the highest return on investment. By undertsting and applying Fubon NIFTY etf market strength indicators, traders can identify Fubon NIFTY entry and exit signals to maximize returns
Fubon NIFTY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon NIFTY'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 | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.20) |
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Other Information on Investing in Fubon Etf
Fubon NIFTY 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 NIFTY security.