CTBC Enhanced (Taiwan) Price on December 10, 2024
00948B Etf | 9.93 0.01 0.10% |
If you're considering investing in CTBC Etf, it is important to understand the factors that can impact its price. As of today, the current price of CTBC Enhanced stands at 9.93, as last reported on the 24th of January, with the highest price reaching 9.94 and the lowest price hitting 9.88 during the day. At this point, CTBC Enhanced is very steady. CTBC Enhanced Yield retains Efficiency (Sharpe Ratio) of 0.0391, which signifies that the etf had a 0.0391 % return per unit of risk over the last 3 months. We have found thirty technical indicators for CTBC Enhanced, which you can use to evaluate the volatility of the entity. Please confirm CTBC Enhanced's market risk adjusted performance of 0.0403, and Coefficient Of Variation of 3776.12 to double-check if the risk estimate we provide is consistent with the expected return of 0.0226%.
CTBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
CTBC |
Sharpe Ratio = 0.0391
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 00948B |
Estimated Market Risk
0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average CTBC Enhanced is performing at about 3% 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 CTBC Enhanced by adding it to a well-diversified portfolio.
CTBC Enhanced Valuation on December 10, 2024
It is possible to determine the worth of CTBC Enhanced on a given historical date. On December 10, 2024 CTBC was worth 10.31 at the beginning of the trading date compared to the closed value of 10.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTBC Enhanced etf. Still, in general, we apply an absolute valuation method to find CTBC Enhanced'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 CTBC Enhanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTBC Enhanced's related companies.
Open | High | Low | Close | Volume | |
10.32 | 10.36 | 10.32 | 10.35 | 30,096,350 | |
12/10/2024 | 10.31 | 10.31 | 10.29 | 10.29 | 13,534,390 |
10.28 | 10.28 | 10.27 | 10.28 | 17,910,220 |
Backtest CTBC Enhanced | | | CTBC Enhanced History | Previous | Next |
CTBC Enhanced Trading Date Momentum on December 10, 2024
On December 11 2024 CTBC Enhanced Yield was traded for 10.28 at the closing time. The highest price during the trading period was 10.28 and the lowest recorded bid was listed for 10.27 . The volume for the day was 17.9 M. This history from December 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.10% . The overall trading delta to the current price is 3.69% . |
Price Boundaries
CTBC Enhanced Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
CTBC Enhanced Yield 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.
CTBC Enhanced January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how CTBC Enhanced etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTBC Enhanced shares will generate the highest return on investment. By undertsting and applying CTBC Enhanced etf market strength indicators, traders can identify CTBC Enhanced Yield entry and exit signals to maximize returns
CTBC Enhanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTBC Enhanced's price direction in advance. Along with the technical and fundamental analysis of CTBC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTBC 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.