WisdomTree Japan (Switzerland) Price on May 15, 2024
| DXJ Etf | USD 33.91 0.01 0.03% |
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 Japan stands at 33.91, as last reported on the 11th of December 2024, with the highest price reaching 33.91 and the lowest price hitting 33.91 during the day. At this stage we consider WisdomTree Etf to be very steady. WisdomTree Japan Equity shows Sharpe Ratio of 0.2, which attests that the etf had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for WisdomTree Japan Equity, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Japan's Mean Deviation of 0.5169, market risk adjusted performance of 0.3347, and Downside Deviation of 0.9746 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
WisdomTree |
Sharpe Ratio = 0.1984
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | DXJ | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average WisdomTree Japan is performing at about 15% 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 Japan by adding it to a well-diversified portfolio.
WisdomTree Japan Valuation on May 15, 2024
It is possible to determine the worth of WisdomTree Japan on a given historical date. On May 15, 2024 WisdomTree was worth 33.42 at the beginning of the trading date compared to the closed value of 33.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Japan etf. Still, in general, we apply an absolute valuation method to find WisdomTree Japan'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 Japan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Japan's related companies.
| Open | High | Low | Close | Volume | |
| 33.41 | 33.41 | 33.41 | 33.41 | 1.00 | |
05/15/2024 | 33.42 | 33.42 | 33.42 | 33.42 | 1.00 |
| 33.12 | 33.12 | 33.12 | 33.12 | 1,065 |
| Backtest WisdomTree Japan | | | WisdomTree Japan History | | | WisdomTree Japan Valuation | Previous | Next |
WisdomTree Japan Trading Date Momentum on May 15, 2024
| On May 16 2024 WisdomTree Japan Equity was traded for 33.12 at the closing time. The maximum traded price for the trading interval was 33.12 and the lowest daily price was 33.12 . The daily volume was recorded at 1.1 K. The volume of trading on 16th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.90% . The trading price change to the closing price today is 1.38% . |
WisdomTree Japan Equity Fundamentals Correlations and Trends
By evaluating WisdomTree Japan's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WisdomTree Japan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WisdomTree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WisdomTree Japan Etf history
WisdomTree Japan 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 Japan Equity 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 Japan stock prices may prove useful in developing a viable investing in WisdomTree Japan
WisdomTree Japan Etf Technical Analysis
WisdomTree Japan 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 Japan Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
WisdomTree Japan Equity cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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 Japan December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Japan 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 Japan shares will generate the highest return on investment. By undertsting and applying WisdomTree Japan etf market strength indicators, traders can identify WisdomTree Japan Equity entry and exit signals to maximize returns
WisdomTree Japan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Japan'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 | 0.1317 | |||
| Jensen Alpha | 0.0861 | |||
| Total Risk Alpha | 0.0079 | |||
| Sortino Ratio | 0.0191 | |||
| Treynor Ratio | 0.3247 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in WisdomTree Etf
WisdomTree Japan financial ratios help investors to determine whether WisdomTree Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WisdomTree with respect to the benefits of owning WisdomTree Japan security.