WisdomTree Carbon (Germany) Performance
| WCO2 Etf | 20.41 0.29 1.40% |
The entity maintains a market beta of 0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WisdomTree Carbon's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Carbon is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days WisdomTree Carbon has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, WisdomTree Carbon is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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WisdomTree Carbon Relative Risk vs. Return Landscape
If you would invest 2,042 in WisdomTree Carbon on September 19, 2024 and sell it today you would lose (1.00) from holding WisdomTree Carbon or give up 0.05% of portfolio value over 90 days. WisdomTree Carbon is generating 0.0178% of daily returns and assumes 1.9481% volatility on return distribution over the 90 days horizon. Simply put, 17% 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 Carbon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Carbon's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Carbon, and traders can use it to determine the average amount a WisdomTree Carbon'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 = 0.0092
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| Negative Returns | WCO2 |
Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WisdomTree Carbon 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 Carbon by adding WisdomTree Carbon to a well-diversified portfolio.