We consider Wisdomtree Intl not too risky. Wisdomtree Intl Divi shows Sharpe Ratio of 0.3208 which attests that Wisdomtree Intl Divi had 0.3208% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Wisdomtree Intl Divi which you can use to evaluate future volatility of the etf. Please check out Wisdomtree Intl Divi Market Risk Adjusted Performance of 0.4502 and Mean Deviation of 0.3099 to validate if risk estimate we provide are consistent with the epected return of 0.1542%.
|Time Horizon||30 Days Login to change|
Wisdomtree Intl Market Sensitivity
|As returns on market increase, Wisdomtree Intl returns are expected to increase less than the market. However during bear market, the loss on holding Wisdomtree Intl will be expected to be smaller as well.One Month Beta |Analyze Wisdomtree Intl Divi Demand TrendCheck current 30 days Wisdomtree Intl correlation with market (DOW)|
β = 0.2957
Wisdomtree Intl Divi Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Wisdomtree Intl has beta of 0.2957 suggesting as returns on market go up, Wisdomtree Intl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wisdomtree Intl Dividend Dynamic Currency Hedged will be expected to be much smaller as well. Moreover, Wisdomtree Intl Dividend Dynamic Currency Hedged has an alpha of 0.0634 implying that it can potentially generate 0.0634% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Wisdomtree Intl is 311.68. The daily returns are destributed with a variance of 0.23 and standard deviation of 0.48. The mean deviation of Wisdomtree Intl Dividend Dynamic Currency Hedged is currently at 0.32. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39