YuantaP Shares (Taiwan) Market Value

0051 Etf  TWD 79.35  0.85  1.06%   
YuantaP Shares' market value is the price at which a share of YuantaP Shares trades on a public exchange. It measures the collective expectations of YuantaP shares Taiwan Mid Cap investors about its performance. YuantaP Shares is selling for under 79.35 as of the 1st of March 2025; that is 1.06% down since the beginning of the trading day. The etf's lowest day price was 79.35.
With this module, you can estimate the performance of a buy and hold strategy of YuantaP shares Taiwan Mid Cap and determine expected loss or profit from investing in YuantaP Shares over a given investment horizon. Check out YuantaP Shares Correlation, YuantaP Shares Volatility and YuantaP Shares Alpha and Beta module to complement your research on YuantaP Shares.
Symbol

Please note, there is a significant difference between YuantaP Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if YuantaP Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YuantaP Shares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

YuantaP Shares 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to YuantaP Shares' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of YuantaP Shares.
0.00
01/30/2025
No Change 0.00  0.0 
In 30 days
03/01/2025
0.00
If you would invest  0.00  in YuantaP Shares on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding YuantaP shares Taiwan Mid Cap or generate 0.0% return on investment in YuantaP Shares over 30 days. YuantaP Shares is related to or competes with YuantaP Shares, YuantaP Shares, YuantaP Shares, YuantaP Shares, YuantaP Shares, and YuantaP Shares. The fund invests in stocks listed on the Taiwan Stock Exchange and OTC Exchange, and tracks Taiwan Mid-Cap 100 index More

YuantaP Shares Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure YuantaP Shares' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess YuantaP shares Taiwan Mid Cap upside and downside potential and time the market with a certain degree of confidence.

YuantaP Shares Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for YuantaP Shares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YuantaP Shares' standard deviation. In reality, there are many statistical measures that can use YuantaP Shares historical prices to predict the future YuantaP Shares' volatility.
Hype
Prediction
LowEstimatedHigh
78.5579.3580.15
Details
Intrinsic
Valuation
LowRealHigh
76.5177.3187.29
Details
Naive
Forecast
LowNextHigh
78.5479.3480.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
75.1078.3381.57
Details

YuantaP shares Taiwan Backtested Returns

At this stage we consider YuantaP Etf to be very steady. YuantaP shares Taiwan shows Sharpe Ratio of 0.0572, which attests that the etf had a 0.0572 % return per unit of risk over the last 3 months. We have found thirty technical indicators for YuantaP shares Taiwan, which you can use to evaluate the volatility of the etf. Please check out YuantaP Shares' Downside Deviation of 0.9695, mean deviation of 0.6696, and Market Risk Adjusted Performance of (1.61) to validate if the risk estimate we provide is consistent with the expected return of 0.0457%. The entity maintains a market beta of -0.0266, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning YuantaP Shares are expected to decrease at a much lower rate. During the bear market, YuantaP Shares is likely to outperform the market.

Auto-correlation

    
  0.61  

Good predictability

YuantaP shares Taiwan Mid Cap has good predictability. Overlapping area represents the amount of predictability between YuantaP Shares time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of YuantaP shares Taiwan price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current YuantaP Shares price fluctuation can be explain by its past prices.
Correlation Coefficient0.61
Spearman Rank Test0.49
Residual Average0.0
Price Variance0.38

YuantaP shares Taiwan lagged returns against current returns

Autocorrelation, which is YuantaP Shares etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting YuantaP Shares' etf expected returns. We can calculate the autocorrelation of YuantaP Shares returns to help us make a trade decision. For example, suppose you find that YuantaP Shares has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

YuantaP Shares regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If YuantaP Shares etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YuantaP Shares etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YuantaP Shares etf over time.
   Current vs Lagged Prices   
       Timeline  

YuantaP Shares Lagged Returns

When evaluating YuantaP Shares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YuantaP Shares etf have on its future price. YuantaP Shares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, YuantaP Shares autocorrelation shows the relationship between YuantaP Shares etf current value and its past values and can show if there is a momentum factor associated with investing in YuantaP shares Taiwan Mid Cap.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in YuantaP Etf

YuantaP Shares financial ratios help investors to determine whether YuantaP 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 YuantaP with respect to the benefits of owning YuantaP Shares security.