Wisdom Tree Bitcoin Etf Performance
| BTCW Etf | 105.34 1.05 1.01% |
The entity maintains a market beta of 2.36, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wisdom Tree will likely underperform.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Wisdom Tree Bitcoin are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady fundamental indicators, Wisdom Tree showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Wisdom |
Wisdom Tree Relative Risk vs. Return Landscape
If you would invest 6,728 in Wisdom Tree Bitcoin on August 26, 2024 and sell it today you would earn a total of 3,806 from holding Wisdom Tree Bitcoin or generate 56.57% return on investment over 90 days. Wisdom Tree Bitcoin is currently generating 0.7433% in daily expected returns and assumes 3.2717% risk (volatility on return distribution) over the 90 days horizon. In different words, 29% of etfs are less volatile than Wisdom, and 86% 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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Wisdom Tree Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wisdom Tree's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Wisdom Tree Bitcoin, and traders can use it to determine the average amount a Wisdom Tree'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 = 0.2272
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Wisdom Tree is performing at about 17% 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 Wisdom Tree by adding it to a well-diversified portfolio.
About Wisdom Tree Performance
Evaluating Wisdom Tree's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wisdom Tree 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 Wisdom Tree 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.
Wisdom Tree is entity of United States. It is traded as Etf on BATS exchange.| Wisdom Tree Bitcoin appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wisdom Tree Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Wisdom Tree Bitcoin is measured differently than its book value, which is the value of Wisdom that is recorded on the company's balance sheet. Investors also form their own opinion of Wisdom Tree's value that differs from its market value or its book value, called intrinsic value, which is Wisdom Tree'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 Wisdom Tree's market value can be influenced by many factors that don't directly affect Wisdom Tree'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 Wisdom Tree's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wisdom Tree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wisdom Tree'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.