Sinopac TAIEX (Taiwan) Performance
| 006204 Etf | TWD 116.25 0.50 0.43% |
The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sinopac TAIEX's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinopac TAIEX is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Sinopac TAIEX ETF are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Sinopac TAIEX is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Sinopac |
Sinopac TAIEX Relative Risk vs. Return Landscape
If you would invest 11,535 in Sinopac TAIEX ETF on September 26, 2024 and sell it today you would earn a total of 90.00 from holding Sinopac TAIEX ETF or generate 0.78% return on investment over 90 days. Sinopac TAIEX ETF is generating 0.0165% of daily returns and assumes 0.9429% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Sinopac, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sinopac TAIEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinopac TAIEX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sinopac TAIEX ETF, and traders can use it to determine the average amount a Sinopac TAIEX'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 = 0.0175
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 006204 |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Sinopac TAIEX is performing at about 1% 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 Sinopac TAIEX by adding it to a well-diversified portfolio.
Sinopac TAIEX Fundamentals Growth
Sinopac Etf prices reflect investors' perceptions of the future prospects and financial health of Sinopac TAIEX, and Sinopac TAIEX 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 Sinopac Etf performance.
| Price To Earning | 14.15 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 0.96 X | |||
| Total Asset | 164.86 M | |||
About Sinopac TAIEX Performance
By analyzing Sinopac TAIEX's fundamental ratios, stakeholders can gain valuable insights into Sinopac TAIEX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sinopac TAIEX 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 Sinopac TAIEX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SINOPAC SECS is traded on Taiwan Stock Exchange in Taiwan.| The fund holds 89.29% of its total net assets in equities |
Other Information on Investing in Sinopac Etf
Sinopac TAIEX financial ratios help investors to determine whether Sinopac 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 Sinopac with respect to the benefits of owning Sinopac TAIEX security.