Cathay Short Financials
00865B Etf | TWD 44.57 0.06 0.13% |
Cathay |
The data published in Cathay Short's official financial statements usually reflect Cathay Short's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cathay Short Term. For example, before you start analyzing numbers published by Cathay accountants, it's critical to develop an understanding of what Cathay Short's liquidity, profitability, and earnings quality are in the context of the Cathay Securities Investment Trust space in which it operates.
Please note, the presentation of Cathay Short's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cathay Short's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cathay Short's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cathay Short Term. Please utilize our Beneish M Score to check the likelihood of Cathay Short's management manipulating its earnings.
Cathay Short Etf Summary
Cathay Short competes with Cathay TIP, Cathay Nasdaq, Cathay Dow, Cathay TAIEX, and Cathay Nikkei. CATHAY SECS is traded on Taiwan Stock Exchange in Taiwan.Instrument | Taiwan Etf |
Exchange | Taiwan Stock Exchange |
ISIN | TW00000865B5 |
Region | Others |
Investment Issuer | Others |
Etf Family | Cathay Securities Investment Trust |
Benchmark | NYSE Composite |
Currency | TWD - New Taiwan Dollar |
Cathay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cathay Short's current stock value. Our valuation model uses many indicators to compare Cathay Short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cathay Short competition to find correlations between indicators driving Cathay Short's intrinsic value. More Info.Cathay Short Term is rated below average in one year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cathay Short by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cathay Short's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cathay Short's earnings, one of the primary drivers of an investment's value.Cathay Short Term Systematic Risk
Cathay Short's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cathay Short volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Cathay Short Term correlated with the market. If Beta is less than 0 Cathay Short generally moves in the opposite direction as compared to the market. If Cathay Short Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay Short Term is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay Short is generally in the same direction as the market. If Beta > 1 Cathay Short moves generally in the same direction as, but more than the movement of the benchmark.
About Cathay Short Financials
What exactly are Cathay Short Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Cathay Short's income statement, its balance sheet, and the statement of cash flows. Potential Cathay Short investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Cathay Short investors may use each financial statement separately, they are all related. The changes in Cathay Short's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cathay Short's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Cathay Short Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Cathay Short is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Cathay has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Cathay Short's financials are consistent with your investment objective using the following steps:- Review Cathay Short's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Cathay Short's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Cathay Short's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Cathay Short's stock is overvalued or undervalued.
Cathay Short April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cathay Short help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cathay Short Term. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cathay Short Term based on widely used predictive technical indicators. In general, we focus on analyzing Cathay Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cathay Short's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3312 | |||
Information Ratio | (0.001) | |||
Maximum Drawdown | 1.6 | |||
Value At Risk | (0.41) | |||
Potential Upside | 0.5886 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay Short Term. 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 Short Term information on this page should be used as a complementary analysis to other Cathay Short'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.