Sinopac ICE (Taiwan) Performance
| 00836B Etf | TWD 30.13 0.13 0.43% |
The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sinopac ICE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinopac ICE is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Sinopac ICE 10 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Sinopac ICE 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 Low | 37.86 | |
| Fifty Two Week High | 47.20 |
Sinopac |
Sinopac ICE Relative Risk vs. Return Landscape
If you would invest 3,194 in Sinopac ICE 10 on September 27, 2024 and sell it today you would lose (181.00) from holding Sinopac ICE 10 or give up 5.67% of portfolio value over 90 days. Sinopac ICE 10 is generating negative expected returns and assumes 0.7083% volatility on return distribution over the 90 days horizon. Simply put, 6% 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 ICE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinopac ICE's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sinopac ICE 10, and traders can use it to determine the average amount a Sinopac ICE'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 = -0.1251
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| Negative Returns | 00836B |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sinopac ICE 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 Sinopac ICE by adding Sinopac ICE to a well-diversified portfolio.
About Sinopac ICE Performance
By analyzing Sinopac ICE's fundamental ratios, stakeholders can gain valuable insights into Sinopac ICE's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sinopac ICE 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 ICE has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Sinopac ICE 10 generated a negative expected return over the last 90 days |
Other Information on Investing in Sinopac Etf
Sinopac ICE 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 ICE security.