Wbi Power Factor Etf Performance
| WBIY Etf | USD 31.52 0.07 0.22% |
The entity maintains a market beta of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WBI Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding WBI Power is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in WBI Power Factor are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong forward indicators, WBI Power is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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| In Threey Sharp Ratio | 0.47 |
WBI |
WBI Power Relative Risk vs. Return Landscape
If you would invest 2,999 in WBI Power Factor on September 12, 2024 and sell it today you would earn a total of 153.00 from holding WBI Power Factor or generate 5.1% return on investment over 90 days. WBI Power Factor is currently generating 0.0826% in daily expected returns and assumes 0.8607% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than WBI, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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WBI Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WBI Power's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WBI Power Factor, and traders can use it to determine the average amount a WBI Power'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 = 0.096
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average WBI Power is performing at about 7% 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 WBI Power by adding it to a well-diversified portfolio.
WBI Power Fundamentals Growth
WBI Etf prices reflect investors' perceptions of the future prospects and financial health of WBI Power, and WBI Power 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 WBI Etf performance.
| Total Asset | 66.52 M | |||
About WBI Power Performance
Evaluating WBI Power's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if WBI Power 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 WBI Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances the fund will invest at least 80 percent of its total assets in the securities of the underlying index. WBI Largecap is traded on NYSEARCA Exchange in the United States.| Latest headline from benzinga.com: Kohls Q3 Misses The Mark Weak Sales And CEO Shake-Up Send Shares Down | |
| The fund keeps 98.5% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WBI Power Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of WBI Power Factor is measured differently than its book value, which is the value of WBI that is recorded on the company's balance sheet. Investors also form their own opinion of WBI Power's value that differs from its market value or its book value, called intrinsic value, which is WBI Power'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 WBI Power's market value can be influenced by many factors that don't directly affect WBI Power'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 WBI Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if WBI Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WBI Power'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.