|DHDG -- USA Etf|| |
USD 21.77 0.003 0.0001%
The entity maintains market beta of 0.1214 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.
WisdomTree Dyn Ccy Relative Risk vs. Return Landscape
If you would invest 2,246
in WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr on December 23, 2018
and sell it today you would lose (68.70)
from holding WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr or give up 3.06%
of portfolio value over 30
days. WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr is currently does not generate positive expected returns and assumes 1.6951% risk (volatility on return distribution) over the 30 days horizon. In different words, 15% of equities are less volatile than WisdomTree Dyn and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, WisdomTree Dyn is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.16 times less risky than the market. the firm trades about -0.04 of its potential returns per unit of risk. The DOW is currently generating roughly 0.02 of returns per unit of risk over similar time horizon.
WisdomTree Dyn Market Risk Analysis
Sharpe Ratio = -0.0386
WisdomTree Dyn Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average WisdomTree Dyn is performing at about 0% 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 Dyn
by adding it to a well-diversified
Over the last 30 days WisdomTree Dyn Ccy Hdgd Intl Qual Div Gr has generated negative risk-adjusted returns adding no value to investors with long positions.
|Fifty Two Week Low||19.7950|
|Fifty Two Week High||26.1600|