Wisdomtree Floating Rate Fund Price on September 4, 2024
| FLTTX Fund | USD 1.01 0.00 0.00% |
If you're considering investing in Wisdomtree Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Wisdomtree Floating stands at 1.01, as last reported on the 24th of November, with the highest price reaching 1.01 and the lowest price hitting 1.01 during the day. At this stage we consider Wisdomtree Mutual Fund to be not too volatile. Wisdomtree Floating Rate shows Sharpe Ratio of 0.12, which attests that the fund had a 0.12% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Wisdomtree Floating Rate, which you can use to evaluate the volatility of the fund. Please check out Wisdomtree Floating's Mean Deviation of 0.0298, standard deviation of 0.1231, and Market Risk Adjusted Performance of 0.3095 to validate if the risk estimate we provide is consistent with the expected return of 0.0154%.
Wisdomtree Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wisdomtree |
Sharpe Ratio = 0.124
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| Negative Returns | FLTTX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Wisdomtree Floating is performing at about 9% 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 Floating by adding it to a well-diversified portfolio.
Wisdomtree Floating Valuation on September 4, 2024
It is possible to determine the worth of Wisdomtree Floating on a given historical date. On September 4, 2024 Wisdomtree was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wisdomtree Floating mutual fund. Still, in general, we apply an absolute valuation method to find Wisdomtree Floating'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 Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wisdomtree Floating's related companies.
| Open | High | Low | Close | Volume | |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
09/04/2024 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
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Wisdomtree Floating Trading Date Momentum on September 4, 2024
| On September 05 2024 Wisdomtree Floating Rate was traded for 1.00 at the closing time. The highest daily price throughout the period was 1.00 and the lowest price was 1.00 . There was no trading activity during the period 1.0. Lack of trading volume on 09/05/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
Wisdomtree Floating Rate Fundamentals Correlations and Trends
By evaluating Wisdomtree Floating'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 Floating'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 Floating Mutual Fund history
Wisdomtree Floating 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 Floating Rate 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 Floating stock prices may prove useful in developing a viable investing in Wisdomtree Floating
Under normal circumstances, at least 80 percent of the funds net assets, plus the amount of any borrowings for investment purposes, will be invested in component securities of the index, which is comprised of floating rate treasuries. The index is maintained by Solactive AG and is designed to measure the performance of floating rate public obligations of the U.S. Treasury.
Wisdomtree Floating Mutual Fund Technical Analysis
Wisdomtree Floating technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Wisdomtree Floating Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Wisdomtree Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Floating November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Wisdomtree Floating mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wisdomtree Floating shares will generate the highest return on investment. By undertsting and applying Wisdomtree Floating mutual fund market strength indicators, traders can identify Wisdomtree Floating Rate entry and exit signals to maximize returns
Wisdomtree Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wisdomtree Floating's price direction in advance. Along with the technical and fundamental analysis of Wisdomtree Mutual Fund 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 | 0.0421 | |||
| Jensen Alpha | 0.0031 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.2995 |
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| Volume Indicators |
Other Information on Investing in Wisdomtree Mutual Fund
Wisdomtree Floating financial ratios help investors to determine whether Wisdomtree Mutual Fund 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 Floating security.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |