Fubon Hang (Taiwan) Performance
| 00666R Etf | TWD 12.35 0.07 0.57% |
The etf shows a Beta (market volatility) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fubon Hang are expected to decrease at a much lower rate. During the bear market, Fubon Hang is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Fubon Hang Seng has generated negative risk-adjusted returns adding no value to investors with long positions. Despite abnormal performance in the last few months, the Etf's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
Fubon |
Fubon Hang Relative Risk vs. Return Landscape
If you would invest 1,483 in Fubon Hang Seng on September 17, 2024 and sell it today you would lose (255.00) from holding Fubon Hang Seng or give up 17.19% of portfolio value over 90 days. Fubon Hang Seng is generating negative expected returns and assumes 2.3798% volatility on return distribution over the 90 days horizon. Simply put, 21% of etfs are less volatile than Fubon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Fubon Hang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fubon Hang's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fubon Hang Seng, and traders can use it to determine the average amount a Fubon Hang'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 = -0.1138
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00666R |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fubon Hang 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 Hang by adding Fubon Hang to a well-diversified portfolio.
Fubon Hang Fundamentals Growth
Fubon Etf prices reflect investors' perceptions of the future prospects and financial health of Fubon Hang, and Fubon Hang 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 | 113.15 M | |||
About Fubon Hang Performance
By analyzing Fubon Hang's fundamental ratios, stakeholders can gain valuable insights into Fubon Hang's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fubon Hang 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 Fubon Hang has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FUBON SECURITIES is traded on Taiwan Stock Exchange in Taiwan.| Fubon Hang Seng generated a negative expected return over the last 90 days | |
| The fund generated three year return of -5.0% |
Other Information on Investing in Fubon Etf
Fubon Hang 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 Hang security.