Wealthsimple Developed Markets Etf Performance

WSRD Etf  CAD 34.76  0.30  0.87%   
The entity maintains a market beta of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wealthsimple Developed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wealthsimple Developed is expected to be smaller as well.

Risk-Adjusted Performance

Soft

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Wealthsimple Developed Markets are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Wealthsimple Developed is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Wealthsimple Developed Relative Risk vs. Return Landscape

If you would invest  3,406  in Wealthsimple Developed Markets on October 29, 2025 and sell it today you would earn a total of  70.00  from holding Wealthsimple Developed Markets or generate 2.06% return on investment over 90 days. Wealthsimple Developed Markets is generating 0.0353% of daily returns and assumes 0.628% 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  
Assuming the 90 days trading horizon Wealthsimple Developed is expected to generate 1.81 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.19 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.09 of returns per unit of risk over similar time horizon.
Below is the normalized historical share price chart for Wealthsimple Developed Markets extending back to June 17, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wealthsimple Developed stands at 34.76, as last reported on the 27th of January, with the highest price reaching 34.82 and the lowest price hitting 34.65 during the day.
3 y Volatility
9.83
200 Day MA
33.2254
1 y Volatility
6.86
50 Day MA
34.285
Inception Date
2020-06-16
 
Covid
 
Interest Hikes

Wealthsimple Developed Target Price Odds to finish over Current Price

The tendency of Wealthsimple Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 34.76 90 days 34.76 
about 8.89
Based on a normal probability distribution, the odds of Wealthsimple Developed to move above the current price in 90 days from now is about 8.89 (This Wealthsimple Developed Markets probability density function shows the probability of Wealthsimple Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Wealthsimple Developed has a beta of 0.29. This entails as returns on the market go up, Wealthsimple Developed average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wealthsimple Developed Markets will be expected to be much smaller as well. Additionally Wealthsimple Developed Markets has an alpha of 0.0039, implying that it can generate a 0.003912 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Wealthsimple Developed Price Density   
       Price  

Predictive Modules for Wealthsimple Developed

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wealthsimple Developed. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
34.1334.7635.39
Details
Intrinsic
Valuation
LowRealHigh
33.9834.6135.24
Details
Naive
Forecast
LowNextHigh
33.6134.2434.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
33.8534.5635.26
Details

Wealthsimple Developed Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Wealthsimple Developed is not an exception. The market had few large corrections towards the Wealthsimple Developed's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Wealthsimple Developed Markets, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wealthsimple Developed within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0
β
Beta against Dow Jones0.29
σ
Overall volatility
0.46
Ir
Information ratio -0.07

Wealthsimple Developed Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Wealthsimple Developed for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wealthsimple Developed can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Stock Analysis and Trading Signals - Stock Traders Daily
The fund keeps 98.75% of its net assets in stocks

Wealthsimple Developed Fundamentals Growth

Wealthsimple Etf prices reflect investors' perceptions of the future prospects and financial health of Wealthsimple Developed, and Wealthsimple Developed 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 Asset397.83 M

About Wealthsimple Developed Performance

By examining Wealthsimple Developed's fundamental ratios, stakeholders can obtain critical insights into Wealthsimple Developed'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 Developed 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 DEV is traded on Toronto Stock Exchange in Canada.
Latest headline from news.google.com: Stock Analysis and Trading Signals - Stock Traders Daily
The fund keeps 98.75% of its net assets in stocks

Other Information on Investing in Wealthsimple Etf

Wealthsimple Developed 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 Developed security.