Cathay DJIA (Taiwan) Performance
| 00669R Etf | TWD 6.86 0.03 0.44% |
The etf shows a Beta (market volatility) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cathay DJIA are expected to decrease at a much lower rate. During the bear market, Cathay DJIA is likely to outperform the market.
Risk-Adjusted Performance
Modest
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Compared to the overall equity markets, risk-adjusted returns on investments in Cathay DJIA Inv are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Cathay DJIA is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Cathay |
Cathay DJIA Relative Risk vs. Return Landscape
If you would invest 662.00 in Cathay DJIA Inv on December 22, 2024 and sell it today you would earn a total of 24.00 from holding Cathay DJIA Inv or generate 3.63% return on investment over 90 days. Cathay DJIA Inv is generating 0.0661% of daily returns and assumes 0.8598% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Cathay, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Cathay DJIA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay DJIA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cathay DJIA Inv, and traders can use it to determine the average amount a Cathay DJIA'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 = 0.0769
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| Cash | 00669R | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Cathay DJIA is performing at about 6% 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 Cathay DJIA by adding it to a well-diversified portfolio.
Cathay DJIA Fundamentals Growth
Cathay Etf prices reflect investors' perceptions of the future prospects and financial health of Cathay DJIA, and Cathay DJIA 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 Cathay Etf performance.
| Total Asset | 2.4 B | |||
About Cathay DJIA Performance
By analyzing Cathay DJIA's fundamental ratios, stakeholders can gain valuable insights into Cathay DJIA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cathay DJIA 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 Cathay DJIA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.| The fund generated three year return of -16.0% | |
| Cathay DJIA Inv holds all of the total net assets in various exotic instrument |
Other Information on Investing in Cathay Etf
Cathay DJIA financial ratios help investors to determine whether Cathay 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 Cathay with respect to the benefits of owning Cathay DJIA security.