WisdomTree Managed Related Correlations

WTMF Etf

USD 36.87 0.14 0.38%

Generate correlation matrix for WisdomTree Managed and other related equities to check the degree to which WisdomTree Managed Futures price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for WisdomTree Managed Futures. To filter out specific equities, please toggle its corresponding legend item. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree Managed Futures. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population.

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The market value of WisdomTree Managed is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Managed's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Managed'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 WisdomTree Managed's market value can be influenced by many factors that don't directly affect WisdomTree Managed'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 WisdomTree Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Managed'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.

Correlations

	DBMF	FTLS	PUTW	RLY
DBMF		0.79	0.78	0.92	DBMF
FTLS	0.79		0.98	0.76	FTLS
PUTW	0.78	0.98		0.75	PUTW
RLY	0.92	0.76	0.75		RLY
	DBMF	FTLS	PUTW	RLY

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WisdomTree Managed Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree Managed ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze WisdomTree Managed's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DBMF	0.51	0.15	0.16	0.41	0.40	(0.54)	1.26	(1.18)	3.28
FTLS	0.57	0.00	(0.01)	0.05	0.67	(0.59)	1.17	(1.10)	4.00
PUTW	0.45	0.01	0.00	0.06	0.54	(0.48)	1.10	(0.98)	3.02
RLY	0.44	0.01	(0.01)	0.06	0.63	(0.41)	0.84	(1.02)	2.51

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WisdomTree Managed Related Correlations

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Correlations

WisdomTree Managed Constituents Risk-Adjusted Indicators

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