Wisdomtree Global High Etf Performance
The entity maintains a market beta of -0.0947, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WisdomTree Global are expected to decrease at a much lower rate. During the bear market, WisdomTree Global is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days WisdomTree Global High has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable technical and fundamental indicators, WisdomTree Global is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| In Threey Sharp Ratio | 0.34 |
WisdomTree |
WisdomTree Global Relative Risk vs. Return Landscape
If you would invest 5,375 in WisdomTree Global High on August 24, 2024 and sell it today you would earn a total of 120.00 from holding WisdomTree Global High or generate 2.23% return on investment over 90 days. WisdomTree Global High is generating 0.0359% of daily returns assuming volatility of 0.5307% on return distribution over 90 days investment horizon. In other words, 4% of etfs are less volatile than WisdomTree, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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WisdomTree Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Global High, and traders can use it to determine the average amount a WisdomTree Global'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 = 0.0676
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| Negative Returns | DEW |
Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average WisdomTree Global is performing at about 5% 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 WisdomTree Global by adding it to a well-diversified portfolio.
WisdomTree Global Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree Global, and WisdomTree Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WisdomTree Etf performance.
| Price To Earning | 15.58 X | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 1.25 X | |||
| Total Asset | 90.5 M | |||
About WisdomTree Global Performance
Evaluating WisdomTree Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if WisdomTree Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if WisdomTree Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will invest at least 95 percent of its total assets in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Global is traded on NYSEARCA Exchange in the United States.| The fund retains 99.96% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Global High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of WisdomTree Global High is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Global's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Global's market value can be influenced by many factors that don't directly affect WisdomTree Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Global'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.