ThaiDEX SET (Thailand) Performance
| 1DIV Etf | THB 10.35 0.17 1.62% |
The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, ThaiDEX SET's returns are expected to increase less than the market. However, during the bear market, the loss of holding ThaiDEX SET is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days ThaiDEX SET High has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Etf's forward-looking signals remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the ETF venture institutional investors. ...more
| Fifty Two Week Low | 10.77 | |
| Fifty Two Week High | 15.40 |
ThaiDEX |
ThaiDEX SET Relative Risk vs. Return Landscape
If you would invest 1,109 in ThaiDEX SET High on September 22, 2024 and sell it today you would lose (74.00) from holding ThaiDEX SET High or give up 6.67% of portfolio value over 90 days. ThaiDEX SET High is generating negative expected returns and assumes 0.816% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than ThaiDEX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ThaiDEX SET Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ThaiDEX SET's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ThaiDEX SET High, and traders can use it to determine the average amount a ThaiDEX SET'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 = -0.1346
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1DIV |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.11 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 ThaiDEX SET 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 ThaiDEX SET by adding ThaiDEX SET to a well-diversified portfolio.
ThaiDEX SET Fundamentals Growth
ThaiDEX Etf prices reflect investors' perceptions of the future prospects and financial health of ThaiDEX SET, and ThaiDEX SET 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 ThaiDEX Etf performance.
| Total Asset | 104.1 M | |||
About ThaiDEX SET Performance
By examining ThaiDEX SET's fundamental ratios, stakeholders can obtain critical insights into ThaiDEX SET's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ThaiDEX SET is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund replicates, net expenses, the SET High Dividend 30 index. THAIDEX SET is traded on Stock Exchange of Thailand in Thailand.| ThaiDEX SET High generated a negative expected return over the last 90 days | |
| The fund holds 94.07% of its total net assets in equities |
Other Information on Investing in ThaiDEX Etf
ThaiDEX SET financial ratios help investors to determine whether ThaiDEX 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 ThaiDEX with respect to the benefits of owning ThaiDEX SET security.