WisdomTree Gold (UK) Performance
The entity maintains a market beta of -0.0174, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WisdomTree Gold are expected to decrease at a much lower rate. During the bear market, WisdomTree Gold is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days WisdomTree Gold 3x has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, WisdomTree Gold is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | 0.83 |
WisdomTree |
WisdomTree Gold Relative Risk vs. Return Landscape
If you would invest 429,100 in WisdomTree Gold 3x on August 30, 2024 and sell it today you would earn a total of 109,750 from holding WisdomTree Gold 3x or generate 25.58% return on investment over 90 days. WisdomTree Gold 3x is generating 0.3976% of daily returns and assumes 2.4374% volatility on return distribution over the 90 days horizon. Simply put, 21% of etfs are less volatile than WisdomTree, and 93% 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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WisdomTree Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Gold 3x, and traders can use it to determine the average amount a WisdomTree Gold'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 = 0.1631
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Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average WisdomTree Gold is performing at about 12% 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 WisdomTree Gold by adding it to a well-diversified portfolio.
WisdomTree Gold Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree Gold, and WisdomTree Gold 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.
About WisdomTree Gold Performance
Assessing WisdomTree Gold's fundamental ratios provides investors with valuable insights into WisdomTree Gold's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the WisdomTree Gold 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.