WisdomTree Polkadot (France) Performance
| DOTW Etf | 5.02 0.04 0.79% |
The entity maintains a market beta of -0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WisdomTree Polkadot are expected to decrease at a much lower rate. During the bear market, WisdomTree Polkadot is likely to outperform the market.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in WisdomTree Polkadot EUR are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, WisdomTree Polkadot sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
WisdomTree |
WisdomTree Polkadot Relative Risk vs. Return Landscape
If you would invest 217.00 in WisdomTree Polkadot EUR on September 14, 2024 and sell it today you would earn a total of 285.00 from holding WisdomTree Polkadot EUR or generate 131.34% return on investment over 90 days. WisdomTree Polkadot EUR is generating 1.9948% of daily returns and assumes 9.3475% volatility on return distribution over the 90 days horizon. Simply put, 83% of etfs are less volatile than WisdomTree, and 61% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WisdomTree Polkadot Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Polkadot's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WisdomTree Polkadot EUR, and traders can use it to determine the average amount a WisdomTree Polkadot'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 = 0.2134
| Best Portfolio | Best Equity | |||
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| Average Returns | DOTW | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.35 actual daily | 83 83% of assets are less volatile |
Expected Return
| 1.99 actual daily | 39 61% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average WisdomTree Polkadot is performing at about 16% 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 Polkadot by adding it to a well-diversified portfolio.
| WisdomTree Polkadot is not yet fully synchronised with the market data | |
| WisdomTree Polkadot is way too risky over 90 days horizon | |
| WisdomTree Polkadot appears to be risky and price may revert if volatility continues |