Sinopac Securities (Taiwan) Performance
| 00887 Etf | TWD 8.80 0.04 0.46% |
The entity has a beta of 2.96, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sinopac Securities will likely underperform.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Sinopac Securities Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Sinopac Securities unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Sinopac |
Sinopac Securities Relative Risk vs. Return Landscape
If you would invest 1,064 in Sinopac Securities Corp on September 27, 2024 and sell it today you would lose (184.00) from holding Sinopac Securities Corp or give up 17.29% of portfolio value over 90 days. Sinopac Securities Corp is generating 1.1047% of daily returns and assumes 18.4064% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Sinopac on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sinopac Securities Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinopac Securities' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sinopac Securities Corp, and traders can use it to determine the average amount a Sinopac Securities' 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 = 0.06
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 00887 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 18.41 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.1 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sinopac Securities is performing at about 4% 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 Sinopac Securities by adding it to a well-diversified portfolio.
Sinopac Securities Fundamentals Growth
Sinopac Etf prices reflect investors' perceptions of the future prospects and financial health of Sinopac Securities, and Sinopac Securities 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 Sinopac Etf performance.
| Total Asset | 336.44 M | |||
About Sinopac Securities Performance
Assessing Sinopac Securities' fundamental ratios provides investors with valuable insights into Sinopac Securities' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Sinopac Securities 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.
SINOPAC SECS is traded on Taiwan OTC Exchange in Taiwan.| Sinopac Securities is way too risky over 90 days horizon | |
| Sinopac Securities appears to be risky and price may revert if volatility continues | |
| The fund holds all of the total net assets in various exotic instrument |
Other Information on Investing in Sinopac Etf
Sinopac Securities 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 Securities security.