Fubon SP (Taiwan) Price on December 17, 2024
00717 Etf | TWD 16.44 0.14 0.86% |
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 SP stands at 16.44, as last reported on the 7th of January, with the highest price reaching 16.45 and the lowest price hitting 16.41 during the day. Fubon SP Preferred secures Sharpe Ratio (or Efficiency) of -0.024, which denotes the etf had a -0.024% return per unit of standard deviation over the last 3 months. Fubon SP Preferred exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fubon SP's Coefficient Of Variation of (7,128), standard deviation of 0.5533, and Mean Deviation of 0.4111 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 = -0.024
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Negative Returns | 00717 |
Estimated Market Risk
0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon SP 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 SP by adding Fubon SP to a well-diversified portfolio.
Fubon SP Valuation on December 17, 2024
It is possible to determine the worth of Fubon SP on a given historical date. On December 17, 2024 Fubon was worth 16.15 at the beginning of the trading date compared to the closed value of 16.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon SP etf. Still, in general, we apply an absolute valuation method to find Fubon SP'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 SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon SP's related companies.
Open | High | Low | Close | Volume | |
16.23 | 16.23 | 16.18 | 16.20 | 91,717 | |
12/17/2024 | 16.15 | 16.16 | 16.14 | 16.15 | 55,279 |
16.16 | 16.17 | 16.16 | 16.16 | 103,455 |
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Fubon SP Trading Date Momentum on December 17, 2024
On December 18 2024 Fubon SP Preferred was traded for 16.16 at the closing time. The highest price during the trading period was 16.17 and the lowest recorded bid was listed for 16.16 . The volume for the day was 103.5 K. This history from December 18, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 0.06% . The overall trading delta to the current price is 1.11% . |
Fubon SP Preferred Fundamentals Correlations and Trends
By evaluating Fubon SP'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 SP'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 SP Etf history
Fubon SP 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 SP Preferred 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 SP stock prices may prove useful in developing a viable investing in Fubon SP
Fubon SP Etf Technical Analysis
Fubon SP 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 SP Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Fubon SP Preferred 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 SP January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Fubon SP 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 SP shares will generate the highest return on investment. By undertsting and applying Fubon SP etf market strength indicators, traders can identify Fubon SP Preferred entry and exit signals to maximize returns
Fubon SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon SP'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 | (0.02) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | (0.20) |
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Other Information on Investing in Fubon Etf
Fubon SP 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 SP security.