Wisdomtree Mortgage Plus Etf Performance
| MTGP Etf | USD 44.07 0.05 0.11% |
The entity maintains a market beta of 0.0497, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree Mortgage's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Mortgage is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days WisdomTree Mortgage Plus has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable technical and fundamental indicators, WisdomTree Mortgage is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | These Could Be the Bonds to Bet On - ETF Trends | 11/01/2024 |
| In Threey Sharp Ratio | -0.74 |
WisdomTree |
WisdomTree Mortgage Relative Risk vs. Return Landscape
If you would invest 4,485 in WisdomTree Mortgage Plus on September 12, 2024 and sell it today you would lose (78.00) from holding WisdomTree Mortgage Plus or give up 1.74% of portfolio value over 90 days. WisdomTree Mortgage Plus is currently does not generate positive expected returns and assumes 0.3912% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than WisdomTree, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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WisdomTree Mortgage Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Mortgage's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Mortgage Plus, and traders can use it to determine the average amount a WisdomTree Mortgage'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 = -0.0681
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| Negative Returns | MTGP |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WisdomTree Mortgage is not performing at its full potential. However, 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 Mortgage by adding WisdomTree Mortgage to a well-diversified portfolio.
WisdomTree Mortgage Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree Mortgage, and WisdomTree Mortgage 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.
| Total Asset | 21.76 M | |||
About WisdomTree Mortgage Performance
Assessing WisdomTree Mortgage's fundamental ratios provides investors with valuable insights into WisdomTree Mortgage's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the WisdomTree Mortgage is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund, an actively managed ETF, utilizes an investment process combining both macro and fundamental research by investing, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings, in mortgage-related debt and other securitized debt. Wisdomtree Mortgage is traded on NYSEARCA Exchange in the United States.| WisdomTree Mortgage generated a negative expected return over the last 90 days | |
| The fund created three year return of -1.0% | |
| WisdomTree Mortgage Plus maintains all of the assets in different exotic instruments |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Mortgage Plus. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of WisdomTree Mortgage Plus 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect WisdomTree Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Mortgage'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.