Ci Wisdomtree Quality Etf Performance
| DGR-B Etf | CAD 47.82 0.03 0.06% |
The etf owns a Beta (Systematic Risk) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CI WisdomTree's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI WisdomTree is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in CI WisdomTree Quality are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental drivers, CI WisdomTree is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | CI Wisdomtree US Qty Div Gwth Idx ETF NH Quote - Press Release - The Globe and Mail | 04/10/2024 |
DGR-B |
CI WisdomTree Relative Risk vs. Return Landscape
If you would invest 4,529 in CI WisdomTree Quality on January 31, 2024 and sell it today you would earn a total of 253.00 from holding CI WisdomTree Quality or generate 5.59% return on investment over 90 days. CI WisdomTree Quality is generating 0.0892% of daily returns and assumes 0.5551% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than DGR-B, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CI WisdomTree Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI WisdomTree's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI WisdomTree Quality, and traders can use it to determine the average amount a CI WisdomTree'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 = 0.1607
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | DGR-B | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average CI WisdomTree is performing at about 12% 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 CI WisdomTree by adding it to a well-diversified portfolio.
CI WisdomTree Fundamentals Growth
DGR-B Etf prices reflect investors' perceptions of the future prospects and financial health of CI WisdomTree, and CI WisdomTree 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 DGR-B Etf performance.
| Total Asset | 94.88 M | |||
About CI WisdomTree Performance
To evaluate CI WisdomTree Quality 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 CI WisdomTree 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 DGR-B 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 CI WisdomTree Quality market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents DGR-B'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 ETF seeks to track, to the extent possible, the price and yield performance of the WisdomTree U.S. WISDOMTREE is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: CI Wisdomtree US Qty Div Gwth Idx ETF NH Quote - Press Release - The Globe and Mail | |
| The fund retains all of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in CI WisdomTree Quality. 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 CI WisdomTree Quality information on this page should be used as a complementary analysis to other CI WisdomTree'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.