WisdomTree Trust (Mexico) Price on August 5, 2024
| DXJ Etf | MXN 2,229 0.00 0.00% |
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. As of today, the current price of WisdomTree Trust stands at 2,229, as last reported on the 2nd of December, with the highest price reaching 2,229 and the lowest price hitting 2,229 during the day. At this stage we consider WisdomTree Etf to be very steady. WisdomTree Trust shows Sharpe Ratio of 0.0953, which attests that the etf had a 0.0953% return per unit of risk over the last 3 months. We have found eighteen technical indicators for WisdomTree Trust, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Trust's Mean Deviation of 0.9415, standard deviation of 2.46, and Market Risk Adjusted Performance of 1.25 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
WisdomTree |
Sharpe Ratio = 0.0953
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average WisdomTree Trust is performing at about 7% 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 Trust by adding it to a well-diversified portfolio.
WisdomTree Trust Valuation on August 5, 2024
It is possible to determine the worth of WisdomTree Trust on a given historical date. On August 5, 2024 WisdomTree was worth 1787.68 at the beginning of the trading date compared to the closed value of 1787.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Trust etf. Still, in general, we apply an absolute valuation method to find WisdomTree Trust'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 WisdomTree Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Trust's related companies.
| Open | High | Low | Close | Volume | |
| 2,045 | 2,045 | 2,045 | 2,045 | 1.00 | |
08/05/2024 | 1,788 | 1,788 | 1,788 | 1,788 | 818.00 |
| 1,874 | 1,874 | 1,874 | 1,874 | 816.00 |
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WisdomTree Trust Trading Date Momentum on August 5, 2024
| On August 07 2024 WisdomTree Trust was traded for 1,874 at the closing time. The maximum traded price for the trading interval was 1,874 and the lowest daily price was 1,874 . The daily volume was recorded at 816. The volume of trading on 7th of August 2024 played a part in the next trading day price jump. The overall trading delta to the next closing price was 4.80% . The trading price change to the closing price today is 13.46% . |
About WisdomTree Trust Etf history
WisdomTree Trust 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 WisdomTree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WisdomTree Trust 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 WisdomTree Trust stock prices may prove useful in developing a viable investing in WisdomTree Trust
WisdomTree Trust Etf Technical Analysis
WisdomTree Trust 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
WisdomTree Trust Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
WisdomTree Trust cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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.
WisdomTree Trust December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Trust etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WisdomTree Trust shares will generate the highest return on investment. By undertsting and applying WisdomTree Trust etf market strength indicators, traders can identify WisdomTree Trust entry and exit signals to maximize returns
WisdomTree Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Trust's price direction in advance. Along with the technical and fundamental analysis of WisdomTree Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of WisdomTree 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 | 0.0706 | |||
| Jensen Alpha | 0.1752 | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 1.24 |
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Additional Information and Resources on Investing in WisdomTree Etf
When determining whether WisdomTree Trust is a strong investment it is important to analyze WisdomTree Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WisdomTree Trust's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Please note, there is a significant difference between WisdomTree Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Trust'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.