WisdomTree Inflation Competition
| WTIP Etf | 32.70 1.20 3.54% |
WisdomTree Inflation vs 2x Daily Correlation
Poor diversification
The correlation between WisdomTree Inflation Plus and SOFL is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Inflation Plus and SOFL in the same portfolio, assuming nothing else is changed.
Moving together with WisdomTree Etf
WisdomTree Inflation Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between WisdomTree Inflation and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of WisdomTree and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of WisdomTree Inflation Plus does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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WisdomTree Inflation Competition Risk-Adjusted Indicators
There is a big difference between WisdomTree Etf performing well and WisdomTree Inflation ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze WisdomTree Inflation's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.55 | 0.02 | (0.01) | (0.47) | 1.62 | 3.43 | 13.36 | |||
| MSFT | 1.23 | (0.34) | 0.00 | 1.81 | 0.00 | 1.78 | 13.28 | |||
| UBER | 1.60 | (0.39) | 0.00 | (0.56) | 0.00 | 2.46 | 11.09 | |||
| F | 1.22 | 0.10 | 0.05 | 0.85 | 1.20 | 3.38 | 7.16 | |||
| T | 0.94 | 0.16 | 0.13 | 0.84 | 0.84 | 2.02 | 4.31 | |||
| A | 1.22 | (0.23) | 0.00 | (0.13) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.64 | (0.36) | 0.00 | 3.41 | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.12 | 0.05 | 0.01 | (0.31) | 1.63 | 2.18 | 7.38 | |||
| MRK | 1.32 | 0.48 | 0.32 | 0.86 | 1.07 | 3.59 | 8.09 | |||
| XOM | 1.15 | 0.38 | 0.28 | 0.71 | 0.92 | 2.69 | 5.85 |
WisdomTree Inflation Competitive Analysis
The better you understand WisdomTree Inflation competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, WisdomTree Inflation's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across WisdomTree Inflation's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
WisdomTree Inflation Competition Performance Charts
Five steps to successful analysis of WisdomTree Inflation Competition
WisdomTree Inflation's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by WisdomTree Inflation Plus in relation to its competition. WisdomTree Inflation's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of WisdomTree Inflation in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact WisdomTree Inflation's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to WisdomTree Inflation Plus, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out WisdomTree Inflation Correlation with its peers. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
WisdomTree Inflation Plus's market price often diverges from its book value, the accounting figure shown on WisdomTree's balance sheet. Smart investors calculate WisdomTree Inflation's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since WisdomTree Inflation's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between WisdomTree Inflation's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Inflation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Inflation'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.