Cathay Nasdaq (Taiwan) Performance
| 00737 Etf | TWD 33.96 0.03 0.09% |
The etf shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cathay Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathay Nasdaq is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Cathay Nasdaq AI are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Cathay Nasdaq unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Cathay |
Cathay Nasdaq Relative Risk vs. Return Landscape
If you would invest 2,945 in Cathay Nasdaq AI on September 16, 2024 and sell it today you would earn a total of 451.00 from holding Cathay Nasdaq AI or generate 15.31% return on investment over 90 days. Cathay Nasdaq AI is generating 0.2284% of daily returns and assumes 1.0621% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Cathay, and 96% 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 Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cathay Nasdaq AI, and traders can use it to determine the average amount a Cathay 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 = 0.2151
| Best Portfolio | Best Equity | |||
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| Small Returns | 00737 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Cathay Nasdaq is performing at about 16% 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 Cathay Nasdaq by adding it to a well-diversified portfolio.
Cathay Nasdaq Fundamentals Growth
Cathay Etf prices reflect investors' perceptions of the future prospects and financial health of Cathay Nasdaq, and Cathay 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 Cathay Etf performance.
| Total Asset | 1.09 B | |||
About Cathay Nasdaq Performance
Assessing Cathay Nasdaq's fundamental ratios provides investors with valuable insights into Cathay Nasdaq's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Cathay 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.
CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.| The fund holds 94.61% of its total net assets in equities |
Other Information on Investing in Cathay Etf
Cathay Nasdaq 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 Nasdaq security.