Yuanta Daily (Taiwan) Buy Hold or Sell Recommendation
| 00638R Etf | TWD 9.80 0.01 0.10% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Yuanta Daily CSI is 'Strong Sell'. Macroaxis provides Yuanta Daily buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 00638R positions. The advice algorithm takes into account all of Yuanta Daily's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Yuanta Daily's buy or sell advice are summarized below:
Real Value 9.15 | Hype Value 9.8 | Market Value 9.8 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Yuanta Daily CSI given historical horizon and risk tolerance towards Yuanta Daily. When Macroaxis issues a 'buy' or 'sell' recommendation for Yuanta Daily CSI, the advice is generated through an automated system that utilizes algorithms and statistical models.
Yuanta |
Execute Yuanta Daily Buy or Sell Advice
The Yuanta recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Yuanta Daily CSI. Macroaxis does not own or have any residual interests in Yuanta Daily CSI or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Yuanta Daily's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Yuanta Daily Trading Alerts and Improvement Suggestions
| Yuanta Daily CSI generated a negative expected return over the last 90 days | |
| The fund generated three year return of -13.0% |
Yuanta Daily Returns Distribution Density
The distribution of Yuanta Daily's historical returns is an attempt to chart the uncertainty of Yuanta Daily's future price movements. The chart of the probability distribution of Yuanta Daily daily returns describes the distribution of returns around its average expected value. We use Yuanta Daily CSI price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Yuanta Daily returns is essential to provide solid investment advice for Yuanta Daily.
| Mean Return | -0.14 | Value At Risk | -2.68 | Potential Upside | 1.03 | Standard Deviation | 1.09 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Yuanta Daily historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Yuanta Daily Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Yuanta Daily or Yuanta Securities Inv Trust Co., Ltd sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Yuanta Daily's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Yuanta etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | -0.13 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | -0.21 |
Yuanta Daily Volatility Alert
Yuanta Daily CSI exhibits very low volatility with skewness of -1.21 and kurtosis of 1.55. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Yuanta Daily's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Yuanta Daily's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Yuanta Daily Fundamentals Vs Peers
Comparing Yuanta Daily's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Yuanta Daily's direct or indirect competition across all of the common fundamentals between Yuanta Daily and the related equities. This way, we can detect undervalued stocks with similar characteristics as Yuanta Daily or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Yuanta Daily's fundamental indicators could also be used in its relative valuation, which is a method of valuing Yuanta Daily by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Yuanta Daily to competition |
| Fundamentals | Yuanta Daily | Peer Average |
| One Year Return | (20.65) % | (0.97) % |
| Three Year Return | (13.48) % | 3.23 % |
| Net Asset | 697.06 M | 2.29 B |
| Equity Positions Weight | 56.94 % | 52.82 % |
Yuanta Daily Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Yuanta . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1214.0 | |||
| Daily Balance Of Power | 0.1429 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.82 | |||
| Day Typical Price | 9.82 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | 0.01 |
About Yuanta Daily Buy or Sell Advice
When is the right time to buy or sell Yuanta Daily CSI? Buying financial instruments such as Yuanta Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Yuanta Daily Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Yuanta Daily CSI information on this page should be used as a complementary analysis to other Yuanta Daily's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.