Drw Etf Performance
| DRW Etf | USD 17.52 0.05 0.29% |
The etf shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DRW are expected to decrease at a much lower rate. During the bear market, DRW is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days DRW has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, DRW is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| In Threey Sharp Ratio | -0.45 |
DRW |
DRW Relative Risk vs. Return Landscape
If you would invest 1,752 in DRW on September 22, 2024 and sell it today you would earn a total of 0.00 from holding DRW or generate 0.0% return on investment over 90 days. DRW is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of etfs are less volatile than DRW, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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DRW Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DRW's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as DRW, and traders can use it to determine the average amount a DRW'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 = 0.0
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Based on monthly moving average DRW is not performing at its full potential. However, 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 DRW by adding DRW to a well-diversified portfolio.
DRW Fundamentals Growth
DRW Etf prices reflect investors' perceptions of the future prospects and financial health of DRW, and DRW 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 DRW Etf performance.
| Price To Earning | 11.72 X | |||
| Price To Book | 0.89 X | |||
| Price To Sales | 2.23 X | |||
| Total Asset | 61.19 M | |||
About DRW Performance
Evaluating DRW's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if DRW has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DRW has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. WisdomTree Global is traded on PCX Exchange in the United States.| DRW is not yet fully synchronised with the market data | |
| DRW generated five year return of -7.0% | |
| This fund retains 99.06% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of DRW is measured differently than its book value, which is the value of DRW that is recorded on the company's balance sheet. Investors also form their own opinion of DRW's value that differs from its market value or its book value, called intrinsic value, which is DRW'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 DRW's market value can be influenced by many factors that don't directly affect DRW'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 DRW's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRW is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRW'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.