Cathay Nikkei (Taiwan) Performance
| 00657K Etf | USD 13.33 0.21 1.55% |
The etf shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cathay Nikkei's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathay Nikkei is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Cathay Nikkei 225 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Etf's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
Cathay |
Cathay Nikkei Relative Risk vs. Return Landscape
If you would invest 1,438 in Cathay Nikkei 225 on December 5, 2024 and sell it today you would lose (105.00) from holding Cathay Nikkei 225 or give up 7.3% of portfolio value over 90 days. Cathay Nikkei 225 is generating negative expected returns and assumes 1.1172% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Cathay, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cathay Nikkei Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay Nikkei's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cathay Nikkei 225, and traders can use it to determine the average amount a Cathay Nikkei's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1178
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00657K |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathay Nikkei 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 Cathay Nikkei by adding Cathay Nikkei to a well-diversified portfolio.
Cathay Nikkei Fundamentals Growth
Cathay Etf prices reflect investors' perceptions of the future prospects and financial health of Cathay Nikkei, and Cathay Nikkei fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cathay Etf performance.
| Total Asset | 133.31 M | |||
About Cathay Nikkei Performance
By analyzing Cathay Nikkei's fundamental ratios, stakeholders can gain valuable insights into Cathay Nikkei's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cathay Nikkei has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Cathay Nikkei has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.| Cathay Nikkei 225 generated a negative expected return over the last 90 days | |
| The fund holds 86.03% of its total net assets in equities |
Other Information on Investing in Cathay Etf
Cathay Nikkei financial ratios help investors to determine whether Cathay 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 Cathay with respect to the benefits of owning Cathay Nikkei security.