Cathay Taiwan (Taiwan) Profile
| 00881 Etf | TWD 20.77 0.82 4.11% |
Performance14 of 100
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Cathay Taiwan is selling for under 20.77 as of the 27th of April 2024; that is 4.11% increase since the beginning of the trading day. The etf's last reported lowest price was 20.26. Cathay Taiwan has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Cathay Taiwan 5G are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of May 2023 and ending today, the 27th of April 2024. Click here to learn more.
Cathay Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cathay Taiwan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cathay Taiwan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | null, Cathay Securities Investment Trust (View all Sectors) |
Cathay Taiwan 5G [00881] is traded in Taiwan and was established 2020-12-01. The fund is listed under null category and is part of Cathay Securities Investment Trust family. Cathay Taiwan 5G presently have 40.94 B in total net assets.
Check Cathay Taiwan Probability Of Bankruptcy
Cathay Taiwan Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Cathay Taiwan jumping above the current price in 90 days from now is about 23.3%. The Cathay Taiwan 5G probability density function shows the probability of Cathay Taiwan etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Cathay Taiwan 5G has a beta of -0.1091. This suggests as returns on the benchmark increase, returns on holding Cathay Taiwan are expected to decrease at a much lower rate. During a bear market, however, Cathay Taiwan 5G is likely to outperform the market. Additionally, cathay Taiwan 5G has an alpha of 0.299, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cathay Taiwan to move above the current price in 90 days from now is about 23.3 (This Cathay Taiwan 5G probability density function shows the probability of Cathay Etf to fall within a particular range of prices over 90 days) .
Cathay Taiwan 5G Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cathay Taiwan market risk premium is the additional return an investor will receive from holding Cathay Taiwan long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cathay Taiwan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cathay Taiwan's alpha and beta are two of the key measurements used to evaluate Cathay Taiwan's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.06 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.98 |
Cathay Taiwan 5G Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Cathay Taiwan 5G Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Cathay Taiwan price patterns.
Cathay Taiwan Against Markets
Picking the right benchmark for Cathay Taiwan etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cathay Taiwan etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cathay Taiwan is critical whether you are bullish or bearish towards Cathay Taiwan 5G at a given time. Please also check how Cathay Taiwan's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cathay Taiwan without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Cathay Etf?
Before investing in Cathay Taiwan, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cathay Taiwan. To buy Cathay Taiwan etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cathay Taiwan. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cathay Taiwan etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cathay Taiwan 5G etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cathay Taiwan 5G etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Cathay Taiwan 5G, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Cathay Taiwan 5G?
The danger of trading Cathay Taiwan 5G is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cathay Taiwan is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cathay Taiwan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cathay Taiwan 5G is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay Taiwan 5G. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between Cathay Taiwan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay Taiwan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay Taiwan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.