WSDMTR ERNGS (Mexico) Performance
| EPS Etf | MXN 63.12 0.05 0.08% |
The entity maintains a market beta of 0.0972, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WSDMTR ERNGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding WSDMTR ERNGS is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in WSDMTR ERNGS 500 are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, WSDMTR ERNGS showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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WSDMTR ERNGS Relative Risk vs. Return Landscape
If you would invest 5,545 in WSDMTR ERNGS 500 on September 19, 2024 and sell it today you would earn a total of 767.00 from holding WSDMTR ERNGS 500 or generate 13.83% return on investment over 90 days. WSDMTR ERNGS 500 is generating 0.2181% of daily returns assuming 1.0729% volatility of returns over the 90 days investment horizon. Simply put, 9% of all etfs have less volatile historical return distribution than WSDMTR ERNGS, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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WSDMTR ERNGS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WSDMTR ERNGS's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WSDMTR ERNGS 500, and traders can use it to determine the average amount a WSDMTR ERNGS'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 = 0.2033
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Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average WSDMTR ERNGS is performing at about 16% 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 WSDMTR ERNGS by adding it to a well-diversified portfolio.
About WSDMTR ERNGS Performance
Evaluating WSDMTR ERNGS's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if WSDMTR ERNGS 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 WSDMTR ERNGS 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.