Fubon 1 (Taiwan) Price on January 2, 2024
| 00694B Etf | TWD 42.17 0.02 0.05% |
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 1 stands at 42.17, as last reported on the 17th of December 2024, with the highest price reaching 42.20 and the lowest price hitting 42.15 during the day. At this point, Fubon 1 is very steady. Fubon 1 3 secures Sharpe Ratio (or Efficiency) of 0.0885, which denotes the etf had a 0.0885% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Fubon 1 3 Years, which you can use to evaluate the volatility of the entity. Please confirm Fubon 1's Semi Deviation of 0.2302, downside deviation of 0.3125, and Mean Deviation of 0.2051 to check if the risk estimate we provide is consistent with the expected return of 0.0247%.
Fubon Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Fubon |
Sharpe Ratio = 0.0885
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00694B |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Fubon 1 is performing at about 6% 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 1 by adding it to a well-diversified portfolio.
Fubon 1 Valuation on January 2, 2024
It is possible to determine the worth of Fubon 1 on a given historical date. On January 2, 2024 Fubon was worth 38.44 at the beginning of the trading date compared to the closed value of 38.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon 1 etf. Still, in general, we apply an absolute valuation method to find Fubon 1'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 1 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon 1's related companies.
| Open | High | Low | Close | Volume | |
| 38.45 | 38.51 | 38.39 | 38.51 | 172,000 | |
01/02/2024 | 38.44 | 38.56 | 38.44 | 38.56 | 200,000 |
| 38.59 | 38.80 | 38.59 | 38.77 | 274,000 |
| Backtest Fubon 1 | | | Fubon 1 History | Previous | Next |
Fubon 1 Trading Date Momentum on January 2, 2024
| On January 03 2024 Fubon 1 3 Years was traded for 38.77 at the closing time. The highest price during the trading period was 38.80 and the lowest recorded bid was listed for 38.59 . The volume for the day was 274 K. This history from January 3, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.54% . The overall trading delta to the current price is 1.14% . |
About Fubon 1 Etf history
Fubon 1 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 1 3 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 1 stock prices may prove useful in developing a viable investing in Fubon 1
Fubon 1 Etf Technical Analysis
Fubon 1 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 1 Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Fubon 1 3 Years cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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 1 December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon 1 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 1 shares will generate the highest return on investment. By undertsting and applying Fubon 1 etf market strength indicators, traders can identify Fubon 1 3 Years entry and exit signals to maximize returns
Fubon 1 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon 1'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 | 0.026 | |||
| Jensen Alpha | 0.0036 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 0.1752 |
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Other Information on Investing in Fubon Etf
Fubon 1 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 1 security.