WisdomTree Dynamic Backtesting

DHDG -- USA Etf  

USD 25.40  0.02  0.08%

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

WisdomTree Dynamic 'What if' Analysis

August 14, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 12, 2019
If you would invest  0.00  in WisdomTree Dynamic on August 14, 2019 and sell it all today you would earn a total of 0.00 from holding WisdomTree Dynamic Currency Hed or generate 0.0% return on investment in WisdomTree Dynamic over 90 days. WisdomTree Dynamic is related to or competes with Vanguard FTSE, Vanguard Growth, Vanguard Small, Vanguard FTSE, IShares Core, Vanguard Total, and Vanguard Mid. The investment seeks to track the price and yield performance, of the WisdomTree Dynamic Currency Hedged International Q...

WisdomTree Dynamic Upside/Downside Indicators

Downside Deviation0.9145
Information Ratio0.0081
Maximum Drawdown3.45
Value At Risk(1.57)
Potential Upside1.38

WisdomTree Dynamic Market Premium Indicators

Risk Adjusted Performance0.1123
Jensen Alpha0.1163
Total Risk Alpha0.0071
Sortino Ratio0.0074
Treynor Ratio(0.68)

WisdomTree Dynamic Backtested Returns

We consider WisdomTree Dynamic very steady. WisdomTree Dynamic shows Sharpe Ratio of 0.1852 which attests that the etf had 0.1852% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for WisdomTree Dynamic which you can use to evaluate future volatility of the etf. Please check out WisdomTree Dynamic Market Risk Adjusted Performance of (0.67), Downside Deviation of 0.9145 and Mean Deviation of 0.6201 to validate if risk estimate we provide are consistent with the epected return of 0.1454%. The entity maintains market beta of -0.1506 which attests that as returns on market increase, returns on owning WisdomTree Dynamic are expected to decrease at a much smaller rate. During bear market, WisdomTree Dynamic is likely to outperform the market. Although it is extremely important to respect WisdomTree Dynamic historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining WisdomTree Dynamic technical indicators you can presently evaluate if the expected return of 0.1454% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.74 
correlation synergy

Good predictability

WisdomTree Dynamic Currency Hed has good predictability. Overlapping area represents the amount of predictability between WisdomTree Dynamic time series from August 14, 2019 to September 28, 2019 and September 28, 2019 to November 12, 2019. 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 Dynamic price movement. The serial correlation of 0.74 indicates that around 74.0% of current WisdomTree Dynamic price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.75
Residual Average0.0
Price Variance0.35

WisdomTree Dynamic lagged returns against current returns

 Current and Lagged Values 

WisdomTree Dynamic regressed lagged prices vs. current prices

 Current vs Lagged Prices 

WisdomTree Dynamic Lagged Returns

 Regressed Prices 

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WisdomTree Dynamic Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for WisdomTree Dynamic and Vanguard FTSE Developed. 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 Dynamic Hype Analysis, WisdomTree Dynamic Correlation, Portfolio Optimization, WisdomTree Dynamic Volatility as well as analyze WisdomTree Dynamic Alpha and Beta and WisdomTree Dynamic Performance. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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