Capital BofA (Taiwan) Performance

00724B Etf  TWD 35.15  0.11  0.31%   
The etf shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capital BofA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capital BofA is expected to be smaller as well.

Risk-Adjusted Performance

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Over the last 90 days Capital BofA Merrill has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Capital BofA is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Fifty Two Week Low40.17
Fifty Two Week High47.70
  

Capital BofA Relative Risk vs. Return Landscape

If you would invest  3,572  in Capital BofA Merrill on October 20, 2024 and sell it today you would lose (57.00) from holding Capital BofA Merrill or give up 1.6% of portfolio value over 90 days. Capital BofA Merrill is generating negative expected returns and assumes 0.5546% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than Capital, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Capital BofA is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.52 times less risky than the market. the firm trades about -0.04 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.03 of returns per unit of risk over similar time horizon.

Capital BofA Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital BofA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Capital BofA Merrill, and traders can use it to determine the average amount a Capital BofA'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 = -0.0426

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Negative Returns00724B

Estimated Market Risk

 0.55
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Capital BofA is not performing at its full potential. However, 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 Capital BofA by adding Capital BofA to a well-diversified portfolio.

About Capital BofA Performance

By analyzing Capital BofA's fundamental ratios, stakeholders can gain valuable insights into Capital BofA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Capital BofA 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 Capital BofA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Capital BofA Merrill generated a negative expected return over the last 90 days

Other Information on Investing in Capital Etf

Capital BofA financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital BofA security.