Cathay Nikkei (Taiwan) Profile

00657K Etf  USD 14.88  0.01  0.07%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Cathay Nikkei is trading at 14.88 as of the 29th of March 2024, a -0.07 percent decrease since the beginning of the trading day. The etf's open price was 14.89. Cathay Nikkei has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Cathay Nikkei 225 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan. More on Cathay Nikkei 225

Moving together with Cathay Etf

  0.910050 YuantaP-shares Taiwan TopPairCorr
  0.900881 Cathay Taiwan 5GPairCorr
  0.8500637L Yuanta Daily CSIPairCorr
  0.9100878 Cathay SustainabilityPairCorr
  0.9100885 Fubon FTSE VietnamPairCorr

Moving against Cathay Etf

  0.9200632R Yuanta Daily TaiwanPairCorr

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 Nikkei's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cathay Nikkei or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentrationnull, Cathay Securities Investment Trust (View all Sectors)
Cathay Nikkei 225 [00657K] is traded in Taiwan and was established 2016-04-25. The fund is listed under null category and is part of Cathay Securities Investment Trust family. Cathay Nikkei 225 presently have 133.31 M in total net assets. , while the total return for the last 3 years was 5.63%.
Check Cathay Nikkei Probability Of Bankruptcy

Cathay Nikkei Target Price Odds Analysis

What are Cathay Nikkei's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Cathay Nikkei jumping above the current price in 90 days from now is about 8.93%. The Cathay Nikkei 225 probability density function shows the probability of Cathay Nikkei etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Cathay Nikkei has a beta of 0.0371. This suggests as returns on the market go up, Cathay Nikkei average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cathay Nikkei 225 will be expected to be much smaller as well. Additionally, cathay Nikkei 225 has an alpha of 0.2742, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 14.88HorizonTargetOdds Above 14.88
90.98%90 days
 14.88 
8.93%
Based on a normal probability distribution, the odds of Cathay Nikkei to move above the current price in 90 days from now is about 8.93 (This Cathay Nikkei 225 probability density function shows the probability of Cathay Etf to fall within a particular range of prices over 90 days) .

Cathay Nikkei 225 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cathay Nikkei market risk premium is the additional return an investor will receive from holding Cathay Nikkei 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 Nikkei. 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 Nikkei's alpha and beta are two of the key measurements used to evaluate Cathay Nikkei's performance over the market, the standard measures of volatility play an important role as well.

Cathay Nikkei 225 Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cathay Nikkei 225 Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Cathay Nikkei price patterns.

Cathay Nikkei Against Markets

Picking the right benchmark for Cathay Nikkei 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 Nikkei 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 Nikkei is critical whether you are bullish or bearish towards Cathay Nikkei 225 at a given time. Please also check how Cathay Nikkei'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 Nikkei 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.

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How to buy Cathay Etf?

Before investing in Cathay Nikkei, 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 Nikkei. To buy Cathay Nikkei etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cathay Nikkei. 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 Nikkei etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cathay Nikkei 225 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 Nikkei 225 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 Nikkei 225, 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 Nikkei 225?

The danger of trading Cathay Nikkei 225 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 Nikkei 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 Nikkei. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cathay Nikkei 225 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 Nikkei 225. 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.
Note that the Cathay Nikkei 225 information on this page should be used as a complementary analysis to other Cathay Nikkei'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Cathay Etf analysis

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