WisdomTree Dyn Backtesting

DHDG -- USA Etf  

USD 24.96  0.01  0.04%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr and determine expected loss or profit from investing in WisdomTree Dyn over given investment horizon. Additionally see WisdomTree Dyn Hype Analysis, WisdomTree Dyn Correlation, Portfolio Optimization, WisdomTree Dyn Volatility as well as analyze WisdomTree Dyn Alpha and Beta and WisdomTree Dyn Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

WisdomTree Dyn 'What if' Analysis

August 24, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 23, 2018
0.00
If you would invest  0.00  in WisdomTree Dyn on August 24, 2018 and sell it all today you would earn a total of 0.00 from holding WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr or generate 0.0% return on investment in WisdomTree Dyn over 30 days. WisdomTree Dyn is related to or competes with iShares MSCI, WisdomTree Europe, iShares Currency, iShares MSCI, First Trust, AdvisorShares Dorsey, and First Trust. The investment seeks to track the price and yield performance, of the WisdomTree Dynamic Currency Hedged International Q...

WisdomTree Dyn Upside/Downside Indicators

Information Ratio0.38
Maximum Drawdown1.87
Value At Risk0.93
Potential Upside0.9207
  

WisdomTree Dyn Market Premium Indicators

Risk Adjusted Performance0.029963
Jensen Alpha0.08
Total Risk Alpha0.26
Treynor Ratio0.26

WisdomTree Dyn Ccy Backtested Returns

Macroaxis considers WisdomTree Dyn to be not too risky. WisdomTree Dyn Ccy shows Sharpe Ratio of -0.1241 which attests that WisdomTree Dyn Ccy had -0.1241% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. WisdomTree Dyn Ccy exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out WisdomTree Dyn Ccy Market Risk Adjusted Performance of 0.25 and Mean Deviation of 0.4579 to validate risk estimate we provide. The entity maintains market beta of 0.1899 which attests that as returns on market increase, WisdomTree Dyn returns are expected to increase less than the market. However during bear market, the loss on holding WisdomTree Dyn will be expected to be smaller as well.. Even though it is essential to pay attention to WisdomTree Dyn Ccy historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. WisdomTree Dyn Ccy exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.94) 

Near perfect reversele predictability

WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr has near perfect reversele predictability. Overlapping area represents the amount of predictability between WisdomTree Dyn time series from August 24, 2018 to September 8, 2018 and September 8, 2018 to September 23, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WisdomTree Dyn Ccy price movement. The serial correlation of -0.94 indicates that approximately 94.0% of current WisdomTree Dyn price fluctuation can be explain by its past prices. Given that WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of WisdomTree Dyn for similar time interval.
Correlation Coefficient-0.94
Spearman Rank Test-0.79
Residual Average0.0
Price Variance0.03

WisdomTree Dyn Ccy lagged returns against current returns

 Current and Lagged Values 
      Timeline 

WisdomTree Dyn regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

WisdomTree Dyn Lagged Returns

 Regressed Prices 
      Timeline 

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WisdomTree Dyn Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for WisdomTree Dyn and iShares MSCI ACWI. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Additionally see WisdomTree Dyn Hype Analysis, WisdomTree Dyn Correlation, Portfolio Optimization, WisdomTree Dyn Volatility as well as analyze WisdomTree Dyn Alpha and Beta and WisdomTree Dyn Performance. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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