Wisdomtree Continuous Commodity Etf Profile
| GCC Etf | USD 19.32 0.07 0.36% |
Performance31 of 100
| Odds Of DistressLess than 9
|
WisdomTree Continuous is trading at 19.32 as of the 16th of April 2024, a 0.36 percent up since the beginning of the trading day. The etf's open price was 19.25. WisdomTree Continuous has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for WisdomTree Continuous Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund is an actively managed ETF that intends to provide broad-based exposure to the four commodity sectors Energy, Agriculture, Industrial Metals, and Precious Metals primarily through investments in futures contracts. Wisdomtree Enhancedcontinuo is traded on NYSEARCA Exchange in the United States.. More on WisdomTree Continuous Commodity
Moving together with WisdomTree Etf
| 0.93 | PDBC | Invesco Optimum Yield | PairCorr |
| 0.97 | FTGC | First Trust Global | PairCorr |
| 0.92 | DBC | Invesco DB Commodity | PairCorr |
| 0.96 | COMT | iShares GSCI Commodity | PairCorr |
| 0.97 | GSG | iShares SP GSCI | PairCorr |
| 0.92 | DJP | iPath Bloomberg Commodity | PairCorr |
| 0.92 | BCI | abrdn Bloomberg All | PairCorr |
Moving against WisdomTree Etf
| 0.78 | YCL | ProShares Ultra Yen | PairCorr |
| 0.73 | FXY | Invesco CurrencyShares | 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 Continuous' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WisdomTree Continuous or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Broad Commodities ETFs (View all Themes) |
| Old Names | [Golden Cariboo Resources Ltd, C&C Group PLC, C&C Group PLC] |
| Business Concentration | Broad Commodities ETFs, Commodities Broad Basket, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2008-01-23 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 131.68 Million |
| Average Trading Valume | 42,349.7 |
| Asset Type | Commodities |
| Category | Broad Commodities |
| Focus | Broad Commodities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | James Stavena, Dimitri Curtil, Torrey Zaches |
| Transfer Agent | State Street Bank and Trust Company |
| Trustee | Delaware Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 10.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.55 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | (5.89) |
| Name | WisdomTree Continuous Commodity Index Fund |
| Currency Code | USD |
| Open Figi | BBG00YM346L3 |
| In Threey Volatility | 12.53 |
| 1y Volatility | 19.99 |
| 200 Day M A | 17.6626 |
| 50 Day M A | 17.887 |
| Code | GCC |
| Updated At | 15th of April 2024 |
| Currency Name | US Dollar |
WisdomTree Continuous Commodity [GCC] is traded in USA and was established 2020-12-21. The fund is classified under Commodities Broad Basket category within WisdomTree family. The entity is thematically classified as Broad Commodities ETFs. WisdomTree Continuous currently have 275.87 M in assets under management (AUM). , while the total return for the last 3 years was 3.8%.
Check WisdomTree Continuous Probability Of Bankruptcy
Top WisdomTree Continuous Commodity Etf Constituents
| WCOG | WisdomTree Enhanced Commodity | Etf | CH Etf |
| USFR | WisdomTree Floating Rate | Etf | Ultrashort Bond |
WisdomTree Continuous Target Price Odds Analysis
What are WisdomTree Continuous' target price odds to finish over the current price? Based on a normal probability distribution, the odds of WisdomTree Continuous jumping above the current price in 90 days from now is about 1.61%. The WisdomTree Continuous Commodity probability density function shows the probability of WisdomTree Continuous etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon WisdomTree Continuous Commodity has a beta of -0.2368. This usually indicates as returns on the benchmark increase, returns on holding WisdomTree Continuous are expected to decrease at a much lower rate. During a bear market, however, WisdomTree Continuous Commodity is likely to outperform the market. Additionally, wisdomTree Continuous Commodity has an alpha of 0.212, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of WisdomTree Continuous to move above the current price in 90 days from now is about 1.61 (This WisdomTree Continuous Commodity probability density function shows the probability of WisdomTree Etf to fall within a particular range of prices over 90 days) .
WisdomTree Continuous Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. WisdomTree Continuous market risk premium is the additional return an investor will receive from holding WisdomTree Continuous 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 Continuous. 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 Continuous' alpha and beta are two of the key measurements used to evaluate WisdomTree Continuous' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.2061 | |||
| Jensen Alpha | 0.212 | |||
| Total Risk Alpha | 0.1459 | |||
| Sortino Ratio | 0.2391 |
WisdomTree Continuous Against Markets
Picking the right benchmark for WisdomTree Continuous 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 Continuous 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 Continuous is critical whether you are bullish or bearish towards WisdomTree Continuous Commodity at a given time. Please also check how WisdomTree Continuous' 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 Continuous 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?
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How to buy WisdomTree Etf?
Before investing in WisdomTree Continuous, 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 Continuous. To buy WisdomTree Continuous etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WisdomTree Continuous. 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 Continuous etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WisdomTree Continuous Commodity 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 Continuous Commodity 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 Continuous Commodity, 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 Continuous guide.
Already Invested in WisdomTree Continuous Commodity?
The danger of trading WisdomTree Continuous Commodity 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 Continuous 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 Continuous. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree Continuous 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 Continuous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WisdomTree Continuous' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wisdomtree Continuous Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Wisdomtree Continuous Commodity Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Continuous Commodity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the WisdomTree Continuous information on this page should be used as a complementary analysis to other WisdomTree Continuous' 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of WisdomTree Continuous 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 Continuous' value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Continuous' 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 Continuous' market value can be influenced by many factors that don't directly affect WisdomTree Continuous' 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 Continuous' value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Continuous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Continuous' 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.