Wisdom Tree Bitcoin Etf Price on November 25, 2024
| BTCW Etf | 103.03 0.49 0.48% |
If you're considering investing in Wisdom Etf, it is important to understand the factors that can impact its price. As of today, the current price of Wisdom Tree stands at 103.03, as last reported on the 1st of December, with the highest price reaching 104.94 and the lowest price hitting 103.03 during the day. Wisdom Tree appears to be very steady, given 3 months investment horizon. Wisdom Tree Bitcoin shows Sharpe Ratio of 0.26, which attests that the etf had a 0.26% return per unit of risk over the last 3 months. By examining Wisdom Tree's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please utilize Wisdom Tree's Downside Deviation of 2.53, mean deviation of 2.52, and Market Risk Adjusted Performance of 0.4222 to validate if our risk estimates are consistent with your expectations.
Wisdom Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Wisdom |
Sharpe Ratio = 0.2556
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Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Wisdom Tree is performing at about 20% 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 Wisdom Tree by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Wisdom Tree Valuation on November 25, 2024
It is possible to determine the worth of Wisdom Tree on a given historical date. On November 25, 2024 Wisdom was worth 103.32 at the beginning of the trading date compared to the closed value of 100.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wisdom Tree etf. Still, in general, we apply an absolute valuation method to find Wisdom Tree's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wisdom Tree where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wisdom Tree's related companies.
| Open | High | Low | Close | Volume | |
| 103.77 | 105.90 | 103.15 | 105.34 | 103,400 | |
11/25/2024 | 103.32 | 103.32 | 100.25 | 100.48 | 85,142 |
| 97.80 | 100.56 | 96.13 | 96.43 | 65,800 |
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Wisdom Tree Trading Date Momentum on November 25, 2024
| On November 26 2024 Wisdom Tree Bitcoin was traded for 96.43 at the closing time. The top price for the day was 100.56 and the lowest listed price was 96.13 . The trading volume for the day was 65.8 K. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.03% . The trading price change against the current closing price is 2.97% . |
About Wisdom Tree Etf history
Wisdom Tree investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wisdom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wisdom Tree Bitcoin will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wisdom Tree stock prices may prove useful in developing a viable investing in Wisdom Tree
Wisdom Tree Etf Technical Analysis
Wisdom Tree technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Wisdom Tree Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Wisdom Tree Bitcoin cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Wisdom Tree December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Wisdom Tree etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wisdom Tree shares will generate the highest return on investment. By undertsting and applying Wisdom Tree etf market strength indicators, traders can identify Wisdom Tree Bitcoin entry and exit signals to maximize returns
Wisdom Tree Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wisdom Tree's price direction in advance. Along with the technical and fundamental analysis of Wisdom Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wisdom to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1938 | |||
| Jensen Alpha | 0.5541 | |||
| Total Risk Alpha | 0.2452 | |||
| Sortino Ratio | 0.2663 | |||
| Treynor Ratio | 0.4122 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wisdom Tree Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. 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 Wisdom Tree Bitcoin is measured differently than its book value, which is the value of Wisdom that is recorded on the company's balance sheet. Investors also form their own opinion of Wisdom Tree's value that differs from its market value or its book value, called intrinsic value, which is Wisdom Tree'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 Wisdom Tree's market value can be influenced by many factors that don't directly affect Wisdom Tree'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 Wisdom Tree's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wisdom Tree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wisdom Tree'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.