ThaiDex SET50 (Thailand) Performance
| TDEX Etf | THB 8.80 0.14 1.57% |
The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, ThaiDex SET50's returns are expected to increase less than the market. However, during the bear market, the loss of holding ThaiDex SET50 is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days ThaiDex SET50 Exchange has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent forward-looking signals, ThaiDex SET50 is not utilizing all of its potentials. The recent stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Fifty Two Week Low | 10.32 | |
| Fifty Two Week High | 11.50 |
ThaiDex |
ThaiDex SET50 Relative Risk vs. Return Landscape
If you would invest 902.00 in ThaiDex SET50 Exchange on October 4, 2024 and sell it today you would lose (22.00) from holding ThaiDex SET50 Exchange or give up 2.44% of portfolio value over 90 days. ThaiDex SET50 Exchange is generating negative expected returns and assumes 0.7719% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than ThaiDex, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ThaiDex SET50 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ThaiDex SET50's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ThaiDex SET50 Exchange, and traders can use it to determine the average amount a ThaiDex SET50'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 = -0.0504
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| Negative Returns | TDEX |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ThaiDex SET50 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 ThaiDex SET50 by adding ThaiDex SET50 to a well-diversified portfolio.
ThaiDex SET50 Fundamentals Growth
ThaiDex Etf prices reflect investors' perceptions of the future prospects and financial health of ThaiDex SET50, and ThaiDex SET50 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 ThaiDex Etf performance.
| Total Asset | 3.31 B | |||
About ThaiDex SET50 Performance
By examining ThaiDex SET50's fundamental ratios, stakeholders can obtain critical insights into ThaiDex SET50's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ThaiDex SET50 is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the SET50 index. THAIDEX SET50 is traded on Stock Exchange of Thailand in Thailand.| ThaiDex SET50 generated a negative expected return over the last 90 days | |
| The fund maintains 96.66% of its assets in stocks |
Other Information on Investing in ThaiDex Etf
ThaiDex SET50 financial ratios help investors to determine whether ThaiDex 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 ThaiDex with respect to the benefits of owning ThaiDex SET50 security.