WisdomTree Zinc (UK) Performance
| ZINC Etf | 9.91 0.16 1.64% |
The entity maintains a market beta of 0.0614, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree Zinc's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Zinc is expected to be smaller as well.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in WisdomTree Zinc are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, WisdomTree Zinc is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Goldman temporarily suspends zinc coverage - MINING.com | 09/03/2024 |
| In Threey Sharp Ratio | 0.07 |
WisdomTree |
WisdomTree Zinc Relative Risk vs. Return Landscape
If you would invest 941.00 in WisdomTree Zinc on August 28, 2024 and sell it today you would earn a total of 50.00 from holding WisdomTree Zinc or generate 5.31% return on investment over 90 days. WisdomTree Zinc is generating 0.0939% of daily returns and assumes 1.6231% volatility on return distribution over the 90 days horizon. Simply put, 14% 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 Zinc Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Zinc's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Zinc, and traders can use it to determine the average amount a WisdomTree Zinc'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 = 0.0579
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| Cash | Small Risk | ZINC | High Risk | Huge Risk |
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average WisdomTree Zinc is performing at about 4% 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 Zinc by adding it to a well-diversified portfolio.
WisdomTree Zinc Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree Zinc, and WisdomTree Zinc 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 Zinc Performance
Assessing WisdomTree Zinc's fundamental ratios provides investors with valuable insights into WisdomTree Zinc's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the WisdomTree Zinc 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.
WisdomTree Zinc is entity of United Kingdom. It is traded as Etf on LSE exchange.