MiraeAsset TIGER (Korea) Price on November 28, 2024
If you're considering investing in MiraeAsset Etf, it is important to understand the factors that can impact its price. MiraeAsset TIGER Quality has Sharpe Ratio of -0.0577, which conveys that the entity had a -0.0577% return per unit of risk over the last 3 months. MiraeAsset TIGER exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MiraeAsset TIGER's Risk Adjusted Performance of (0.04), standard deviation of 1.03, and Mean Deviation of 0.7586 to check out the risk estimate we provide.
MiraeAsset Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MiraeAsset |
Sharpe Ratio = -0.0577
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 227570 |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MiraeAsset TIGER 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 MiraeAsset TIGER by adding MiraeAsset TIGER to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
MiraeAsset TIGER Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
MiraeAsset TIGER Quality cannot be verified against its exchange. Please verify the symbol is currently traded on Korea 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.
MiraeAsset TIGER December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how MiraeAsset TIGER etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MiraeAsset TIGER shares will generate the highest return on investment. By undertsting and applying MiraeAsset TIGER etf market strength indicators, traders can identify MiraeAsset TIGER Quality entry and exit signals to maximize returns
MiraeAsset TIGER Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MiraeAsset TIGER's price direction in advance. Along with the technical and fundamental analysis of MiraeAsset Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MiraeAsset 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.