WisdomTree Brent Financials
3BRL Etf | 27.16 2.28 7.74% |
3 y Sharp Ratio 0.07 |
WisdomTree |
The data published in WisdomTree Brent's official financial statements typically reflect WisdomTree Brent's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving WisdomTree Brent's quantitative information. For example, before you start analyzing numbers published by WisdomTree accountants, it's essential to understand WisdomTree Brent's liquidity, profitability, and earnings quality within the context of the Trading - Leveraged/Inverse Commodities space in which it operates.
Please note, the imprecision that can be found in WisdomTree Brent's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of WisdomTree Brent Crude. Check WisdomTree Brent's Beneish M Score to see the likelihood of WisdomTree Brent's management manipulating its earnings.
WisdomTree Brent Etf Summary
WisdomTree Brent competes with WisdomTree NASDAQ, WisdomTree, Invesco Technology, Invesco Technology, and Xtrackers. WisdomTree Brent is entity of United Kingdom. It is traded as Etf on LSE exchange.WisdomTree Brent Crude Systematic Risk
WisdomTree Brent's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WisdomTree Brent 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on WisdomTree Brent Crude correlated with the market. If Beta is less than 0 WisdomTree Brent generally moves in the opposite direction as compared to the market. If WisdomTree Brent Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WisdomTree Brent Crude is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WisdomTree Brent is generally in the same direction as the market. If Beta > 1 WisdomTree Brent moves generally in the same direction as, but more than the movement of the benchmark.
WisdomTree Brent November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WisdomTree Brent help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree Brent Crude. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree Brent Crude based on widely used predictive technical indicators. In general, we focus on analyzing WisdomTree Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WisdomTree Brent's daily price indicators and compare them against related drivers.
Information Ratio | (0.03) | |||
Maximum Drawdown | 28.57 | |||
Value At Risk | (10.31) | |||
Potential Upside | 8.47 |
Other Information on Investing in WisdomTree Etf
WisdomTree Brent financial ratios help investors to determine whether WisdomTree Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WisdomTree with respect to the benefits of owning WisdomTree Brent security.