Wealthsimple North America Etf Performance
| WSRI Etf | CAD 44.63 0.35 0.79% |
The entity maintains a market beta of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wealthsimple North's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wealthsimple North is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Wealthsimple North America has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Wealthsimple North is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Investment Analysis - Stock Traders Daily | 02/14/2025 |
| In Threey Sharp Ratio | 0.72 |
Wealthsimple |
Wealthsimple North Relative Risk vs. Return Landscape
If you would invest 4,529 in Wealthsimple North America on November 27, 2024 and sell it today you would lose (66.00) from holding Wealthsimple North America or give up 1.46% of portfolio value over 90 days. Wealthsimple North America is generating negative expected returns and assumes 0.6227% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Wealthsimple, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Wealthsimple North Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wealthsimple North's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Wealthsimple North America, and traders can use it to determine the average amount a Wealthsimple North'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 = -0.0362
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| Negative Returns | WSRI |
Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wealthsimple North 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 Wealthsimple North by adding Wealthsimple North to a well-diversified portfolio.
Wealthsimple North Fundamentals Growth
Wealthsimple Etf prices reflect investors' perceptions of the future prospects and financial health of Wealthsimple North, and Wealthsimple North 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 Wealthsimple Etf performance.
| Total Asset | 461.22 M | |||
About Wealthsimple North Performance
By examining Wealthsimple North's fundamental ratios, stakeholders can obtain critical insights into Wealthsimple North's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Wealthsimple North is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
WEALTHSIMPLE is traded on Toronto Stock Exchange in Canada.| Wealthsimple North generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| The fund keeps 99.79% of its net assets in stocks |
Other Information on Investing in Wealthsimple Etf
Wealthsimple North financial ratios help investors to determine whether Wealthsimple 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 Wealthsimple with respect to the benefits of owning Wealthsimple North security.