Fubon 7 (Taiwan) Price on March 15, 2024
00846B Etf | TWD 36.40 0.12 0.33% |
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 7 stands at 36.40, as last reported on the 20th of December, with the highest price reaching 36.40 and the lowest price hitting 36.40 during the day. Fubon 7 15 secures Sharpe Ratio (or Efficiency) of -0.083, which denotes the etf had a -0.083% return per unit of standard deviation over the last 3 months. Fubon 7 15 Years exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fubon 7's Coefficient Of Variation of (1,434), mean deviation of 0.2708, and Standard Deviation of 0.4023 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 = -0.083
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 00846B |
Estimated Market Risk
0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon 7 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 7 by adding Fubon 7 to a well-diversified portfolio.
Fubon 7 Valuation on March 15, 2024
It is possible to determine the worth of Fubon 7 on a given historical date. On March 15, 2024 Fubon was worth 34.72 at the beginning of the trading date compared to the closed value of 34.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fubon 7 etf. Still, in general, we apply an absolute valuation method to find Fubon 7'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 7 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fubon 7's related companies.
Open | High | Low | Close | Volume | |
34.77 | 34.77 | 34.76 | 34.76 | 101,000 | |
03/15/2024 | 34.72 | 34.77 | 34.72 | 34.77 | 102,000 |
34.77 | 34.77 | 34.77 | 34.77 | 126,005 |
Backtest Fubon 7 | | | Fubon 7 History | Previous | Next |
Fubon 7 Trading Date Momentum on March 15, 2024
On March 18 2024 Fubon 7 15 Years was traded for 34.77 at the closing time. The highest price during the trading period was 34.77 and the lowest recorded bid was listed for 34.77 . The volume for the day was 126 K. This history from March 18, 2024 did not affect price variability. The overall trading delta to the current price is 1.64% . |
About Fubon 7 Etf history
Fubon 7 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 7 15 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 7 stock prices may prove useful in developing a viable investing in Fubon 7
Fubon 7 Etf Technical Analysis
Fubon 7 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 7 Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Fubon 7 15 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 7 December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Fubon 7 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 7 shares will generate the highest return on investment. By undertsting and applying Fubon 7 etf market strength indicators, traders can identify Fubon 7 15 Years entry and exit signals to maximize returns
Fubon 7 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fubon 7'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 | (0.07) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.33) |
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Other Information on Investing in Fubon Etf
Fubon 7 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 7 security.