WisdomTree Battery (Germany) Performance
| WATT Etf | 15.99 0.07 0.44% |
The entity maintains a market beta of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree Battery's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Battery is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in WisdomTree Battery Metals are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, WisdomTree Battery is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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WisdomTree Battery Relative Risk vs. Return Landscape
If you would invest 1,543 in WisdomTree Battery Metals on September 22, 2024 and sell it today you would earn a total of 56.00 from holding WisdomTree Battery Metals or generate 3.63% return on investment over 90 days. WisdomTree Battery Metals is generating 0.0585% of daily returns and assumes 0.9492% volatility on return distribution over the 90 days horizon. Simply put, 8% 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 Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Battery's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Battery Metals, and traders can use it to determine the average amount a WisdomTree Battery'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 = 0.0616
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Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 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 Battery 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 Battery by adding it to a well-diversified portfolio.