WisdomTree Asia Buy or Sell Recommendation

    Macroaxis provides WisdomTree Asia Local Debt ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WisdomTree Asia positions. The advice algorithm takes into account all of WisdomTree Asia Local Debt ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from WisdomTree Asia buy-and-hold prospective. Check also WisdomTree Asia Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

    Time Horizon

    Risk Tolerance

    Symbol
    Execute Advice
    WisdomTree Asia Local Debt ETF -- USA Etf  

    USD 46.48  0.06  0.13%

    Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding WisdomTree Asia Local Debt ETF is 'Buy'.
    For the selected time horizon WisdomTree Asia Local Debt ETF has a risk adjusted performance of 0.014076, jensen alpha of 0.0148, total risk alpha of 0.029, sortino ratio of 0.3799 and treynor ratio of 0.040343
    Macroaxis buy or sell advice tool can be used to complement WisdomTree Asia Local Debt ETF recommendation provided by experts. It analyzes the etf potential to grow against your specific risk preferences and investment horizon. Please utilize WisdomTree Asia Local Debt ETF Earnings Per Share, One Year Return as well as the relationship between One Year Return and Net Asset to make buy, hold, or sell decision on WisdomTree Asia Local.

    Returns Distribution Density

    Mean Return0.003844Value At Risk0.59
    Potential Upside1.02Standard Deviation0.44
     Return Density 
          Distribution 

    Institutional Investors

    Security TypeSharesValue
    Jane Street Group LlcFund Units94.6 K4.3 M

    WisdomTree Asia Greeks

    α
    Alpha over DOW
    =0.014817
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =0.45
    Ir
    Information ratio =0.30

    WisdomTree Asia Volatility Alert

    WisdomTree Asia Local Debt ETF exhibits very low volatility with skewness of 1.55 and kurtosis of 3.24. However, we advise investors to further study WisdomTree Asia Local Debt ETF technical indicators to make sure all market info is available and is reliable.
        
     Better Than Average     
        
     Worse Than Average Compare WisdomTree Asia to competition
    FundamentalsWisdomTree AsiaPeer Average
    One Year Return9.17 % (1.25) %
    Three Year Return2.06 % 2.26 %
    Five Year Return(0.39) % 0.20 %
    Net Asset23.42 M888.73 M
    Last Dividend Paid0.0650.03
    Bond Positions Weight97.19 % 8.08 %
    SellBuy
    Buy

    Volatility

    Hype Condition

    Current Valuation

    Odds of Distress

    Economic Sensitivity

    Analyst Consensus

    Currently Unavailable

    Piotroski F Score

    Financial Leverage

    Inapplicable
    Risk Adjusted Performance0.014076
    Market Risk Adjusted Performance0.030343
    Mean Deviation0.2678
    Semi Deviation0.2748
    Downside Deviation0.3455
    Coefficient Of Variation11352.65
    Standard Deviation0.4364
    Variance0.1904
    Information Ratio0.3008
    Jensen Alpha0.0148
    Total Risk Alpha0.029
    Sortino Ratio0.3799
    Treynor Ratio0.040343
    Maximum Drawdown1.85
    Value At Risk0.59
    Potential Upside1.02
    Downside Variance0.1194
    Semi Variance0.0755
    Expected Short fall0.49
    Skewness1.55
    Kurtosis3.24