Wisdomtree Efficient Gold Etf Performance
| GDMN Etf | USD 41.34 0.67 1.65% |
The entity maintains a market beta of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree Efficient's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Efficient is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in WisdomTree Efficient Gold are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady primary indicators, WisdomTree Efficient displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Disruptive Theme of the Week Top-Performing Themes Look Like 2020 - ETF Trends | 02/24/2025 |
| In Threey Sharp Ratio | 0.36 |
WisdomTree |
WisdomTree Efficient Relative Risk vs. Return Landscape
If you would invest 2,908 in WisdomTree Efficient Gold on December 25, 2024 and sell it today you would earn a total of 1,159 from holding WisdomTree Efficient Gold or generate 39.86% return on investment over 90 days. WisdomTree Efficient Gold is currently generating 0.5985% in daily expected returns and assumes 2.4043% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of etfs are less volatile than WisdomTree, and 88% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
WisdomTree Efficient Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Efficient's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Efficient Gold, and traders can use it to determine the average amount a WisdomTree Efficient'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 = 0.2489
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.6 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average WisdomTree Efficient is performing at about 19% 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 Efficient by adding it to a well-diversified portfolio.
WisdomTree Efficient Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree Efficient, and WisdomTree Efficient 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.
| Total Asset | 6.48 M | |||
About WisdomTree Efficient Performance
By examining WisdomTree Efficient's fundamental ratios, stakeholders can obtain critical insights into WisdomTree Efficient'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 WisdomTree Efficient 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.
The fund invests, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S. Wisdomtree Efficient is traded on BATS Exchange in the United States.| The fund retains 91.61% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Efficient Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of WisdomTree Efficient Gold 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 Efficient's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Efficient'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 Efficient's market value can be influenced by many factors that don't directly affect WisdomTree Efficient'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 Efficient's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Efficient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Efficient'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.