WSDMTR ERNGS (Mexico) Performance
| EPS Etf | MXN 62.78 0.59 0.95% |
The entity maintains a market beta of 0.0605, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WSDMTR ERNGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding WSDMTR ERNGS is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in WSDMTR ERNGS 500 are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, WSDMTR ERNGS is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
WSDMTR |
WSDMTR ERNGS Relative Risk vs. Return Landscape
If you would invest 5,997 in WSDMTR ERNGS 500 on September 28, 2024 and sell it today you would earn a total of 281.00 from holding WSDMTR ERNGS 500 or generate 4.69% return on investment over 90 days. WSDMTR ERNGS 500 is generating 0.0792% of daily returns assuming 0.7584% volatility of returns over the 90 days investment horizon. Simply put, 6% of all etfs have less volatile historical return distribution than WSDMTR ERNGS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WSDMTR ERNGS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WSDMTR ERNGS's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WSDMTR ERNGS 500, and traders can use it to determine the average amount a WSDMTR ERNGS'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 = 0.1044
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | EPS | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average WSDMTR ERNGS is performing at about 8% 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 WSDMTR ERNGS by adding it to a well-diversified portfolio.
About WSDMTR ERNGS Performance
Evaluating WSDMTR ERNGS's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if WSDMTR ERNGS 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 WSDMTR ERNGS 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.