Yuanta Taiwan (Taiwan) Performance
| 00713 Etf | 55.45 0.35 0.64% |
The entity maintains a market beta of -0.0611, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yuanta Taiwan are expected to decrease at a much lower rate. During the bear market, Yuanta Taiwan is likely to outperform the market.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Yuanta Taiwan High are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively abnormal basic indicators, Yuanta Taiwan may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
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Yuanta Taiwan Relative Risk vs. Return Landscape
If you would invest 5,010 in Yuanta Taiwan High on January 29, 2024 and sell it today you would earn a total of 535.00 from holding Yuanta Taiwan High or generate 10.68% return on investment over 90 days. Yuanta Taiwan High is generating 0.184% of daily returns and assumes 0.7383% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Yuanta, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Yuanta Taiwan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta Taiwan's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Yuanta Taiwan High, and traders can use it to determine the average amount a Yuanta Taiwan'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 = 0.2493
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Yuanta Taiwan is performing at about 19% of its full potential. 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 Yuanta Taiwan by adding it to a well-diversified portfolio.