Wisdomtree China Ex State Owned Etf Performance
| CXSE Etf | USD 30.20 0.25 0.82% |
The entity maintains a market beta of 1.04, which attests to a somewhat significant risk relative to the market. WisdomTree China returns are very sensitive to returns on the market. As the market goes up or down, WisdomTree China is expected to follow.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in WisdomTree China ex State Owned are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, WisdomTree China exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | As China Stocks Rebound, Check in With CXSE - ETF Trends | 05/10/2024 |
| In Threey Sharp Ratio | -0.83 |
WisdomTree |
WisdomTree China Relative Risk vs. Return Landscape
If you would invest 2,535 in WisdomTree China ex State Owned on February 20, 2024 and sell it today you would earn a total of 510.00 from holding WisdomTree China ex State Owned or generate 20.12% return on investment over 90 days. WisdomTree China ex State Owned is currently generating 0.298% in daily expected returns and assumes 1.5153% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than WisdomTree, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
WisdomTree China Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree China's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree China ex State Owned, and traders can use it to determine the average amount a WisdomTree China'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 = 0.1967
| Best Portfolio | Best Equity | |||
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| Small Returns | CXSE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average WisdomTree China is performing at about 15% 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 China by adding it to a well-diversified portfolio.
WisdomTree China Fundamentals Growth
WisdomTree Etf prices reflect investors' perceptions of the future prospects and financial health of WisdomTree China, and WisdomTree China 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 | 13.61 X | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 1.31 X | |||
| Total Asset | 758.98 M | |||
About WisdomTree China Performance
To evaluate WisdomTree China 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 China 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 China 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.Under normal circumstances, at least 80 percent of the funds total assets will be invested 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 China is traded on NASDAQ Exchange in the United States.| Latest headline from news.google.com: As China Stocks Rebound, Check in With CXSE - ETF Trends | |
| WisdomTree China created five year return of -2.0% | |
| This fund holds 99.76% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in WisdomTree China ex State Owned. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of WisdomTree China 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 China's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree China'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 China's market value can be influenced by many factors that don't directly affect WisdomTree China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree China'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.