WCMS.AS - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

48.6% p.a.

5-Year Horizon

Max Drawdown (5Y)

-97.0%

Deepest Drawdown

Sharpe Ratio

-0.96

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

15 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

72.2%

Focused

Effective Holdings

~19

of 61 holdings

Top Sector

98.3%

Communication Services

Top Region / Country

75.4%

United States

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+7.5%
3 Years	17.9%	-18.9%	1.19	+23.9%
5 Years	48.6%	-97.0%	-0.96	—
10 Years	—	—	—	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 17.1

🟢 Deep market liquidity & capital coverage (Tier 1)

Solid fund volume

🟢 High institutional analyst coverage (33 analysts)

🔴 Extreme top 10 holdings concentration: 72% of fund in top 10 positions.

🔴 Severe sector concentration risk: 98% in "Communication Services".

🔴 Extreme industry concentration: 51% in "Internet Content & Information".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 57% of forward growth.

⚠️ Elevated Regulatory & Policy Risk: 72% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (48.6% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -97.0% in the extended horizon.