WisdomTree Eurozone (Switzerland) Performance
| EGRA Etf | 23.27 0.10 0.43% |
The entity maintains a market beta of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WisdomTree Eurozone are expected to decrease at a much lower rate. During the bear market, WisdomTree Eurozone is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days WisdomTree Eurozone Quality has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Etf's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the fund sophisticated investors. ...more
WisdomTree |
WisdomTree Eurozone Relative Risk vs. Return Landscape
If you would invest 2,484 in WisdomTree Eurozone Quality on August 31, 2024 and sell it today you would lose (157.00) from holding WisdomTree Eurozone Quality or give up 6.32% of portfolio value over 90 days. WisdomTree Eurozone Quality is generating negative expected returns and assumes 0.6174% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than WisdomTree, and 99% 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 Eurozone Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Eurozone's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Eurozone Quality, and traders can use it to determine the average amount a WisdomTree Eurozone'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 = -0.1702
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| Negative Returns | EGRA |
Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WisdomTree Eurozone 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 Eurozone by adding WisdomTree Eurozone to a well-diversified portfolio.
| WisdomTree Eurozone generated a negative expected return over the last 90 days |