Yuanta SP (Taiwan) Buy Hold or Sell Recommendation

00706L Etf  TWD 6.75  0.04  0.60%   
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Yuanta SP Japanese is 'Not Rated'. Macroaxis provides Yuanta SP buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 00706L positions. The advice algorithm takes into account all of Yuanta SP's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Yuanta SP's buy or sell advice are summarized below:
Real Value
6.58
Hype Value
7.07
Market Value
6.75
Naive Value
6.57
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Yuanta SP Japanese given historical horizon and risk tolerance towards Yuanta SP. When Macroaxis issues a 'buy' or 'sell' recommendation for Yuanta SP Japanese, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Yuanta SP 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.
In addition, we conduct extensive research on individual funds such as Yuanta and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Yuanta SP Japanese. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Yuanta SP 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 SP Japanese. Macroaxis does not own or have any residual interests in Yuanta SP Japanese or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Yuanta SP's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Yuanta SPBuy Yuanta SP
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

About AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Yuanta SP Japanese has a Mean Deviation of 0.8229, Standard Deviation of 1.21 and Variance of 1.46
We provide recommendation to complement the prevalent expert consensus on Yuanta SP Japanese. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the etf's potential to grow using all technical and fundamental data available at the time. Please check out Yuanta SP Japanese total asset, one year return, as well as the relationship between the One Year Return and net asset to decide if your Yuanta SP Japanese buy or sell deciscion is justified.

Yuanta SP Trading Alerts and Improvement Suggestions

Yuanta SP Japanese generated a negative expected return over the last 90 days
The fund holds all of the total net assets in various exotic instrument

Yuanta SP Returns Distribution Density

The distribution of Yuanta SP's historical returns is an attempt to chart the uncertainty of Yuanta SP's future price movements. The chart of the probability distribution of Yuanta SP daily returns describes the distribution of returns around its average expected value. We use Yuanta SP Japanese price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Yuanta SP returns is essential to provide solid investment advice for Yuanta SP.
Mean Return
-0.05
Value At Risk
-2.07
Potential Upside
1.41
Standard Deviation
1.21
   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 SP 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 SP 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 SP 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 SP'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
-0.04
β
Beta against NYSE Composite-0.12
σ
Overall volatility
0.93
Ir
Information ratio -0.15

Yuanta SP Volatility Alert

Yuanta SP Japanese exhibits very low volatility with skewness of 1.11 and kurtosis of 4.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Yuanta SP'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 SP'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 SP Fundamentals Vs Peers

Comparing Yuanta SP'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 SP's direct or indirect competition across all of the common fundamentals between Yuanta SP and the related equities. This way, we can detect undervalued stocks with similar characteristics as Yuanta SP or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Yuanta SP's fundamental indicators could also be used in its relative valuation, which is a method of valuing Yuanta SP by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Yuanta SP to competition
FundamentalsYuanta SPPeer Average
One Year Return(7.80) %(0.97) %
Net Asset121.72 M2.29 B

Yuanta SP 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.

About Yuanta SP Buy or Sell Advice

When is the right time to buy or sell Yuanta SP Japanese? 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.

Use Investing Ideas to Build Portfolios

In addition to having Yuanta SP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Tobacco Products Thematic Idea Now

Tobacco Products
Tobacco Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Tobacco Products theme has 10 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tobacco Products Theme or any other thematic opportunities.
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Check out Yuanta SP 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 SP Japanese information on this page should be used as a complementary analysis to other Yuanta SP'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Yuanta SP's price analysis, check to measure Yuanta SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yuanta SP is operating at the current time. Most of Yuanta SP's value examination focuses on studying past and present price action to predict the probability of Yuanta SP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yuanta SP's price. Additionally, you may evaluate how the addition of Yuanta SP to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Yuanta SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yuanta SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yuanta SP'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.