Wahed Dow Jones Etf Performance
| UMMA Etf | USD 24.40 0.29 1.20% |
The entity maintains a market beta of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wahed Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wahed Dow is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Wahed Dow Jones has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong primary indicators, Wahed Dow is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Wahed Dow Jones Islamic World ETF Increases Dividend to 0.15 Per Share | 09/27/2024 |
Wahed |
Wahed Dow Relative Risk vs. Return Landscape
If you would invest 2,466 in Wahed Dow Jones on September 2, 2024 and sell it today you would lose (26.00) from holding Wahed Dow Jones or give up 1.05% of portfolio value over 90 days. Wahed Dow Jones is currently does not generate positive expected returns and assumes 1.0276% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Wahed, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Wahed Dow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wahed Dow's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Wahed Dow Jones, and traders can use it to determine the average amount a Wahed Dow'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 = -0.0111
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| Negative Returns | UMMA |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wahed Dow 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 Wahed Dow by adding Wahed Dow to a well-diversified portfolio.
Wahed Dow Fundamentals Growth
Wahed Etf prices reflect investors' perceptions of the future prospects and financial health of Wahed Dow, and Wahed Dow 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 Wahed Etf performance.
| Total Asset | 26.04 M | |||
About Wahed Dow Performance
By analyzing Wahed Dow's fundamental ratios, stakeholders can gain valuable insights into Wahed Dow's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Wahed Dow 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 Wahed Dow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively-managed exchange-traded fund that seeks to invests in equity securities of global companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts . Wahed Dow is traded on NASDAQ Exchange in the United States.| Wahed Dow Jones generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: SPRE ETF Holding Global Low-Leverage REITs - Seeking Alpha | |
| The fund keeps 99.42% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wahed Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Wahed Dow Jones is measured differently than its book value, which is the value of Wahed that is recorded on the company's balance sheet. Investors also form their own opinion of Wahed Dow's value that differs from its market value or its book value, called intrinsic value, which is Wahed Dow'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 Wahed Dow's market value can be influenced by many factors that don't directly affect Wahed Dow'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 Wahed Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wahed Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wahed Dow'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.