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 MSCI Taiwan investors about its performance. YuantaP Shares is trading at 93.00 as of the 12th of January 2025, a 1.17% down since the beginning of the trading day. The etf's open price was 94.1. With this module, you can estimate the performance of a buy and hold strategy of YuantaP shares MSCI Taiwan 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.
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
12/13/2024
No Change 0.00
0.0
In 31 days
01/12/2025
0.00
If you would invest 0.00 in YuantaP Shares on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding YuantaP shares MSCI Taiwan 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. YuantaP shares is traded on Taiwan Stock Exchange in Taiwan. 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 MSCI Taiwan upside and downside potential and time the market with a certain degree of confidence.
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.
At this point, YuantaP Shares is very steady. YuantaP shares MSCI shows Sharpe Ratio of 0.0377, which attests that the etf had a 0.0377% return per unit of risk over the last 3 months. We have found thirty technical indicators for YuantaP shares MSCI, which you can use to evaluate the volatility of the etf. Please check out YuantaP Shares' Market Risk Adjusted Performance of 0.5978, mean deviation of 0.9095, and Downside Deviation of 1.12 to validate if the risk estimate we provide is consistent with the expected return of 0.0421%. The entity maintains a market beta of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, YuantaP Shares' returns are expected to increase less than the market. However, during the bear market, the loss of holding YuantaP Shares is expected to be smaller as well.
Auto-correlation
-0.79
Almost perfect reverse predictability
YuantaP shares MSCI Taiwan has almost perfect reverse predictability. Overlapping area represents the amount of predictability between YuantaP Shares time series from 13th of December 2024 to 28th of December 2024 and 28th of December 2024 to 12th of January 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 MSCI price movement. The serial correlation of -0.79 indicates that around 79.0% of current YuantaP Shares price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.79
Spearman Rank Test
-0.15
Residual Average
0.0
Price Variance
1.86
YuantaP shares MSCI 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 MSCI Taiwan.
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.
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.