Wisdomtree Europe Hedged Etf Performance
| HEDJ Etf | USD 46.63 0.10 0.21% |
The entity maintains a market beta of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WisdomTree Europe's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Europe is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in WisdomTree Europe Hedged are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Even with relatively sluggish fundamental indicators, WisdomTree Europe may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
1 | WisdomTree Europe Hedged Equity Fund Sets New 52-Week High at 44.49 | 02/07/2024 |
2 | Is WisdomTree Europe Hedged Equity ETF a Strong ETF Right Now - TradingView | 04/02/2024 |
| In Threey Sharp Ratio | 0.67 |
WisdomTree |
WisdomTree Europe Relative Risk vs. Return Landscape
If you would invest 4,220 in WisdomTree Europe Hedged on January 20, 2024 and sell it today you would earn a total of 443.00 from holding WisdomTree Europe Hedged or generate 10.5% return on investment over 90 days. WisdomTree Europe Hedged is currently generating 0.1605% in daily expected returns and assumes 0.63% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than WisdomTree, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
WisdomTree Europe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Europe's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Europe Hedged, and traders can use it to determine the average amount a WisdomTree Europe's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2548
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average WisdomTree Europe is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of WisdomTree Europe by adding it to a well-diversified portfolio.
WisdomTree Europe Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree Europe, and WisdomTree Europe fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WisdomTree Etf performance.
| Price To Earning | 15.33 X | |||
| Price To Book | 1.67 X | |||
| Price To Sales | 0.98 X | |||
| Total Asset | 1.21 B | |||
About WisdomTree Europe Performance
To evaluate WisdomTree Europe Hedged Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when WisdomTree Europe generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare WisdomTree Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand WisdomTree Europe Hedged market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents WisdomTree's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund invests at least 95 percent of its total assets in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Europe is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Is WisdomTree Europe Hedged Equity ETF a Strong ETF Right Now - TradingView | |
| The fund retains all of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis 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 unemployment. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of WisdomTree Europe Hedged 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 Europe's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Europe'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 Europe's market value can be influenced by many factors that don't directly affect WisdomTree Europe'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 Europe's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Europe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Europe'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.