Cathay DJIA (Taiwan) Performance
| 00669R Etf | TWD 6.40 0.03 0.47% |
The etf shows a Beta (market volatility) of -0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cathay DJIA are expected to decrease at a much lower rate. During the bear market, Cathay DJIA is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Cathay DJIA Inv 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 DJIA Relative Risk vs. Return Landscape
If you would invest 682.00 in Cathay DJIA Inv on September 13, 2024 and sell it today you would lose (42.00) from holding Cathay DJIA Inv or give up 6.16% of portfolio value over 90 days. Cathay DJIA Inv is generating negative expected returns and assumes 0.636% volatility on return distribution over the 90 days horizon. Simply put, 5% 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 |
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Cathay DJIA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay DJIA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cathay DJIA Inv, and traders can use it to determine the average amount a Cathay DJIA'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 = -0.158
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| Negative Returns | 00669R |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathay DJIA 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 DJIA by adding Cathay DJIA to a well-diversified portfolio.
Cathay DJIA Fundamentals Growth
Cathay Etf prices reflect investors' perceptions of the future prospects and financial health of Cathay DJIA, and Cathay DJIA 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 | 2.4 B | |||
About Cathay DJIA Performance
By analyzing Cathay DJIA's fundamental ratios, stakeholders can gain valuable insights into Cathay DJIA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cathay DJIA 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 DJIA 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 DJIA Inv generated a negative expected return over the last 90 days | |
| The fund generated three year return of -16.0% | |
| Cathay DJIA Inv holds all of the total net assets in various exotic instrument |
Other Information on Investing in Cathay Etf
Cathay DJIA 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 DJIA security.