Wisdomtree Europe Hedged Etf Profile
| EHE-B Etf | CAD 30.86 0.25 0.80% |
Performance10 of 100
| Odds Of DistressLess than 9
|
WisdomTree Europe is selling for under 30.86 as of the 25th of April 2024; that is -0.8 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 30.86. WisdomTree Europe has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for WisdomTree Europe Hedged are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The ETF seeks to track, to the extent possible, the price and yield performance of the WisdomTree Europe CAD-Hedged Equity Index, before fees and expenses. WISDOMTREE EUROPE is traded on Toronto Stock Exchange in Canada. More on WisdomTree Europe Hedged
Moving together with WisdomTree Etf
| 0.92 | XIU | iShares SPTSX 60 | PairCorr |
| 0.86 | XSP | iShares Core SP | PairCorr |
| 0.92 | XIC | iShares Core SPTSX | PairCorr |
| 0.92 | ZCN | BMO SPTSX Capped | PairCorr |
| 0.92 | ZSP | BMO SP 500 | PairCorr |
WisdomTree Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WisdomTree Europe's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WisdomTree Europe or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | null, WisdomTree Asset Management Inc (View all Sectors) |
| Updated At | 24th of April 2024 |
WisdomTree Europe Hedged [EHE-B] is traded in Canada and was established 2017-08-08. The fund is listed under null category and is part of WisdomTree Asset Management Inc family. WisdomTree Europe Hedged currently have 62.47 M in assets under management (AUM). , while the total return for the last year was -3.91%.
Check WisdomTree Europe Probability Of Bankruptcy
Top WisdomTree Europe Hedged Etf Constituents
| BMW | Bayerische Motoren Werke | Stock | Consumer Discretionary |
| OR | LOreal SA | Stock | Household & Personal Products |
| MC | LVMH Mot Hennessy | Stock | Luxury Goods |
| ASML | ASML Holding NV | Stock | Information Technology |
| DTE | Deutsche Telekom AG | Stock | Telecom Services |
| BBVA | Banco Bilbao Vizcaya | Stock | Financials |
| SIE | Siemens Aktiengesellschaft | Stock | Specialty Industrial Machinery |
WisdomTree Europe Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of WisdomTree Europe jumping above the current price in 90 days from now is about 30.32%. The WisdomTree Europe Hedged probability density function shows the probability of WisdomTree Europe etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon WisdomTree Europe has a beta of 0.0502 suggesting as returns on the market go up, WisdomTree Europe average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WisdomTree Europe Hedged will be expected to be much smaller as well. Additionally, wisdomTree Europe Hedged has an alpha of 0.1276, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of WisdomTree Europe to move above the current price in 90 days from now is about 30.32 (This WisdomTree Europe Hedged probability density function shows the probability of WisdomTree Etf to fall within a particular range of prices over 90 days) .
WisdomTree Europe Hedged Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. WisdomTree Europe market risk premium is the additional return an investor will receive from holding WisdomTree Europe long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Europe. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although WisdomTree Europe's alpha and beta are two of the key measurements used to evaluate WisdomTree Europe's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3289 | |||
| Standard Deviation | 0.9304 | |||
| Variance | 0.8656 | |||
| Risk Adjusted Performance | 0.0984 |
WisdomTree Europe Hedged Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. WisdomTree Europe Hedged Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe WisdomTree Europe price patterns.
WisdomTree Europe Against Markets
Picking the right benchmark for WisdomTree Europe etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WisdomTree Europe etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WisdomTree Europe is critical whether you are bullish or bearish towards WisdomTree Europe Hedged at a given time. Please also check how WisdomTree Europe's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in WisdomTree Europe without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run CEOs Directory Now
CEOs DirectoryScreen CEOs from public companies around the world |
| All Next | Launch Module |
How to buy WisdomTree Etf?
Before investing in WisdomTree Europe, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WisdomTree Europe. To buy WisdomTree Europe etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WisdomTree Europe. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase WisdomTree Europe etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WisdomTree Europe Hedged etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased WisdomTree Europe Hedged etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as WisdomTree Europe Hedged, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy WisdomTree Etf please use our How to Invest in WisdomTree Europe guide.
Already Invested in WisdomTree Europe Hedged?
The danger of trading WisdomTree Europe Hedged is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WisdomTree Europe is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WisdomTree Europe. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree Europe Hedged is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WisdomTree Europe Hedged is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WisdomTree Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wisdomtree Europe Hedged Etf. Highlighted below are key reports to facilitate an investment decision about Wisdomtree Europe Hedged Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Europe Hedged. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the WisdomTree Europe Hedged information on this page should be used as a complementary analysis to other WisdomTree Europe's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..