Fubon Nifty (Taiwan) Buy Hold or Sell Recommendation

00653L Etf  TWD 57.50  0.15  0.26%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Fubon Nifty 2X is 'Not Rated'. Macroaxis provides Fubon Nifty buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 00653L positions. The advice algorithm takes into account all of Fubon Nifty's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Fubon Nifty's buy or sell advice are summarized below:
Real Value
56.42
Hype Value
57.5
Market Value
57.55
Naive Value
57.54
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fubon Nifty 2X given historical horizon and risk tolerance towards Fubon Nifty. When Macroaxis issues a 'buy' or 'sell' recommendation for Fubon Nifty 2X, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Fubon Nifty 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 Fubon and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Fubon Nifty 2X. 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 Fubon Nifty Buy or Sell Advice

The Fubon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fubon Nifty 2X. Macroaxis does not own or have any residual interests in Fubon Nifty 2X or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fubon Nifty's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Fubon NiftyBuy Fubon Nifty
Hold

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Ignores market trendsDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Fubon Nifty 2X has a Risk Adjusted Performance of 0.0296, Total Risk Alpha of (0.28) and Sortino Ratio of (0.05)
Our advice module provides unbiased investment recommendation that can be used to complement current average analyst sentiment on Fubon Nifty 2X. Our advice engine provides an advice for the entity potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please confirm Fubon Nifty 2X three year return, and the relationship between the one year return and net asset to decide if your Fubon Nifty 2X buy or sell deciscion is justified.

Fubon Nifty Returns Distribution Density

The distribution of Fubon Nifty's historical returns is an attempt to chart the uncertainty of Fubon Nifty's future price movements. The chart of the probability distribution of Fubon Nifty daily returns describes the distribution of returns around its average expected value. We use Fubon Nifty 2X price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fubon Nifty returns is essential to provide solid investment advice for Fubon Nifty.
Mean Return
0.06
Value At Risk
-2.67
Potential Upside
2.69
Standard Deviation
1.46
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fubon Nifty 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.

Fubon Nifty 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 Fubon Nifty or Fubon 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 Fubon Nifty'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 Fubon 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
0.00
β
Beta against NYSE Composite0.00
σ
Overall volatility
1.46
Ir
Information ratio -0.05

Fubon Nifty Volatility Alert

Fubon Nifty 2X has relatively low volatility with skewness of -0.12 and kurtosis of -0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fubon Nifty'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 Fubon Nifty'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.

Fubon Nifty Fundamentals Vs Peers

Comparing Fubon Nifty'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 Fubon Nifty's direct or indirect competition across all of the common fundamentals between Fubon Nifty and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fubon Nifty or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Fubon Nifty's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fubon Nifty by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Fubon Nifty to competition
FundamentalsFubon NiftyPeer Average
One Year Return9.27 %(0.97) %
Three Year Return12.24 %3.23 %
Net Asset214.59 M2.29 B
Equity Positions Weight66.74 %52.82 %

Fubon Nifty Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fubon . 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 Fubon Nifty Buy or Sell Advice

When is the right time to buy or sell Fubon Nifty 2X? Buying financial instruments such as Fubon 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 Fubon Nifty 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 Sports Thematic Idea Now

Sports
Sports Theme
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Check out Fubon Nifty 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 Fubon Nifty 2X information on this page should be used as a complementary analysis to other Fubon Nifty'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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Please note, there is a significant difference between Fubon Nifty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fubon Nifty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fubon Nifty'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.