Wisdomtree New Economy Etf Performance
| WTRE Etf | USD 18.55 0.22 1.20% |
The entity maintains a market beta of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree New's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree New is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days WisdomTree New Economy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, WisdomTree New is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Should You Invest in the Invesco SP Global Water Index ETF - Yahoo Finance | 09/09/2024 |
2 | Disposition of tradable shares by Wp Windstar Investments Ltd of WisdomTree New subject to Rule 16b-3 | 10/18/2024 |
3 | Disposition of 4711 shares by Scherer Alexandre of WisdomTree New subject to Rule 16b-3 | 11/08/2024 |
4 | Should You Invest in the Invesco Water Resources ETF - MSN | 11/20/2024 |
| In Threey Sharp Ratio | -0.41 |
WisdomTree |
WisdomTree New Relative Risk vs. Return Landscape
If you would invest 1,916 in WisdomTree New Economy on August 27, 2024 and sell it today you would lose (61.00) from holding WisdomTree New Economy or give up 3.18% of portfolio value over 90 days. WisdomTree New Economy is currently does not generate positive expected returns and assumes 0.8036% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than WisdomTree, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
WisdomTree New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree New's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree New Economy, and traders can use it to determine the average amount a WisdomTree New'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 = -0.0589
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WTRE |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WisdomTree New 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 New by adding WisdomTree New to a well-diversified portfolio.
WisdomTree New Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree New, and WisdomTree New 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.
| Return On Equity | 45.38 | |||
| Return On Asset | 7.24 | |||
| Current Valuation | 505.88 M | |||
| Shares Outstanding | 19.92 M | |||
| Price To Earning | 5.60 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 0.68 X | |||
| Revenue | 1.02 B | |||
| EBITDA | 411.77 M | |||
| Cash And Equivalents | 666.29 M | |||
| Cash Per Share | 33.44 X | |||
| Total Debt | 423.99 M | |||
| Debt To Equity | 0.41 % | |||
| Book Value Per Share | 49.10 X | |||
| Cash Flow From Operations | 173.11 M | |||
| Earnings Per Share | 18.53 X | |||
| Total Asset | 30.54 M | |||
About WisdomTree New Performance
By analyzing WisdomTree New's fundamental ratios, stakeholders can gain valuable insights into WisdomTree New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WisdomTree New 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 WisdomTree New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Global is traded on NYSEARCA Exchange in the United States.| WisdomTree New generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Should You Invest in the Invesco Water Resources ETF - MSN | |
| WisdomTree New Economy created five year return of -6.0% | |
| This fund keeps 98.6% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree New Economy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of WisdomTree New Economy is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree New's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree New'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 WisdomTree New's market value can be influenced by many factors that don't directly affect WisdomTree New'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 WisdomTree New's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree New'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.