Cathay Koreataiwan (Taiwan) Performance
| 00735 Etf | TWD 32.84 0.06 0.18% |
The etf shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cathay Koreataiwan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathay Koreataiwan is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Cathay Koreataiwan IT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Cathay Koreataiwan is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Cathay Koreataiwan Relative Risk vs. Return Landscape
If you would invest 3,348 in Cathay Koreataiwan IT on September 26, 2024 and sell it today you would lose (64.00) from holding Cathay Koreataiwan IT or give up 1.91% of portfolio value over 90 days. Cathay Koreataiwan IT is generating negative expected returns and assumes 0.8715% 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 Koreataiwan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay Koreataiwan's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cathay Koreataiwan IT, and traders can use it to determine the average amount a Cathay Koreataiwan'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 = -0.0308
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| Negative Returns | 00735 |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathay Koreataiwan 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 Cathay Koreataiwan by adding Cathay Koreataiwan to a well-diversified portfolio.
Cathay Koreataiwan Fundamentals Growth
Cathay Etf prices reflect investors' perceptions of the future prospects and financial health of Cathay Koreataiwan, and Cathay Koreataiwan 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 | 178.76 M | |||
About Cathay Koreataiwan Performance
Assessing Cathay Koreataiwan's fundamental ratios provides investors with valuable insights into Cathay Koreataiwan's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Cathay Koreataiwan is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.| Cathay Koreataiwan generated a negative expected return over the last 90 days | |
| The fund holds 90.56% of its total net assets in equities |
Other Information on Investing in Cathay Etf
Cathay Koreataiwan 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 Koreataiwan security.