Fubon Hang (Taiwan) Performance
| 00665L Etf | TWD 10.89 0.40 3.54% |
The etf shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, Fubon Hang's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fubon Hang is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Fubon Hang Seng are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Fubon Hang sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Fubon |
Fubon Hang Relative Risk vs. Return Landscape
If you would invest 776.00 in Fubon Hang Seng on December 5, 2024 and sell it today you would earn a total of 313.00 from holding Fubon Hang Seng or generate 40.34% return on investment over 90 days. Fubon Hang Seng is generating 0.6608% of daily returns and assumes 2.9728% volatility on return distribution over the 90 days horizon. Simply put, 26% of etfs are less volatile than Fubon, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fubon Hang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fubon Hang's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fubon Hang Seng, and traders can use it to determine the average amount a Fubon Hang'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 = 0.2223
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 00665L | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Fubon Hang is performing at about 17% 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 Fubon Hang by adding it to a well-diversified portfolio.
Fubon Hang Fundamentals Growth
Fubon Etf prices reflect investors' perceptions of the future prospects and financial health of Fubon Hang, and Fubon Hang 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 Fubon Etf performance.
| Total Asset | 341.8 M | |||
About Fubon Hang Performance
By analyzing Fubon Hang's fundamental ratios, stakeholders can gain valuable insights into Fubon Hang's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fubon Hang 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 Fubon Hang has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FUBON SECURITIES is traded on Taiwan Stock Exchange in Taiwan.| The fund generated three year return of -8.0% | |
| Fubon Hang Seng holds 82.44% of its total net assets in equities |
Other Information on Investing in Fubon Etf
Fubon Hang financial ratios help investors to determine whether Fubon 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 Fubon with respect to the benefits of owning Fubon Hang security.