Fubon NASDAQ (Taiwan) Performance
| 00662 Etf | TWD 91.25 0.45 0.50% |
The etf shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fubon NASDAQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fubon NASDAQ is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Fubon NASDAQ 100 Index are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Fubon NASDAQ unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 42.77 | |
| Fifty Two Week High | 59.55 |
Fubon |
Fubon NASDAQ Relative Risk vs. Return Landscape
If you would invest 7,995 in Fubon NASDAQ 100 Index on September 18, 2024 and sell it today you would earn a total of 1,130 from holding Fubon NASDAQ 100 Index or generate 14.13% return on investment over 90 days. Fubon NASDAQ 100 Index is generating 0.2143% of daily returns and assumes 0.9281% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Fubon, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fubon NASDAQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fubon NASDAQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fubon NASDAQ 100 Index, and traders can use it to determine the average amount a Fubon NASDAQ'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 = 0.2309
| Best Portfolio | Best Equity | |||
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| Small Returns | 00662 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Fubon NASDAQ is performing at about 18% 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 Fubon NASDAQ by adding it to a well-diversified portfolio.
Fubon NASDAQ Fundamentals Growth
Fubon Etf prices reflect investors' perceptions of the future prospects and financial health of Fubon NASDAQ, and Fubon NASDAQ 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 Fubon Etf performance.
| Total Asset | 5.46 B | |||
About Fubon NASDAQ Performance
Assessing Fubon NASDAQ's fundamental ratios provides investors with valuable insights into Fubon NASDAQ's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Fubon NASDAQ is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
FUBON ASSET is traded on Taiwan Stock Exchange in Taiwan.| The fund holds 99.28% of its total net assets in equities |
Other Information on Investing in Fubon Etf
Fubon NASDAQ 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 NASDAQ security.