WisdomTree Aluminium (UK) Price on November 26, 2024
| LALU Etf | 2.16 0.01 0.46% |
Below is the normalized historical share price chart for WisdomTree Aluminium 2x extending back to March 31, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of WisdomTree Aluminium stands at 2.16, as last reported on the 1st of December, with the highest price reaching 2.16 and the lowest price hitting 2.13 during the day.
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. WisdomTree Aluminium appears to be very risky, given 3 months investment horizon. WisdomTree Aluminium shows Sharpe Ratio of 0.0654, which attests that the etf had a 0.0654% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Aluminium, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree Aluminium's Mean Deviation of 2.46, downside deviation of 2.81, and Market Risk Adjusted Performance of 0.4686 to validate if our risk estimates are consistent with your expectations.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 46.62 | 200 Day MA 2.1107 | 1 y Volatility 44.54 | 50 Day MA 2.2105 | Inception Date 2008-03-11 |
WisdomTree |
Sharpe Ratio = 0.0654
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LALU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average WisdomTree Aluminium is performing at about 5% 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 Aluminium by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 169.7817 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=99.99998} |
WisdomTree Aluminium Valuation on November 26, 2024
It is possible to determine the worth of WisdomTree Aluminium on a given historical date. On November 26, 2024 WisdomTree was worth 2.2 at the beginning of the trading date compared to the closed value of 2.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Aluminium etf. Still, in general, we apply an absolute valuation method to find WisdomTree Aluminium'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 Aluminium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Aluminium's related companies.
| Open | High | Low | Close | Volume | |
| 2.26 | 2.26 | 2.26 | 2.26 | 1.00 | |
11/26/2024 | 2.20 | 2.20 | 2.19 | 2.19 | 1.00 |
| 2.18 | 2.18 | 2.16 | 2.16 | 1.00 |
| Backtest WisdomTree Aluminium | | | WisdomTree Aluminium History | | | WisdomTree Aluminium Valuation | Previous | Next |
WisdomTree Aluminium Trading Date Momentum on November 26, 2024
| On November 27 2024 WisdomTree Aluminium 2x was traded for 2.16 at the closing time. The highest price during the trading period was 2.18 and the lowest recorded bid was listed for 2.16 . There was no trading activity during the period 1.0. Lack of trading volume on November 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.37% . The trading price change to the current price is 2.74% . |
WisdomTree Aluminium Fundamentals Correlations and Trends
By evaluating WisdomTree Aluminium'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 Aluminium'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 Aluminium Etf history
WisdomTree Aluminium 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 Aluminium 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 Aluminium stock prices may prove useful in developing a viable investing in WisdomTree Aluminium
WisdomTree Aluminium Etf Technical Analysis
WisdomTree Aluminium 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 Aluminium Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
WisdomTree Aluminium 2x cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 Aluminium December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Aluminium 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 Aluminium shares will generate the highest return on investment. By undertsting and applying WisdomTree Aluminium etf market strength indicators, traders can identify WisdomTree Aluminium 2x entry and exit signals to maximize returns
WisdomTree Aluminium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Aluminium'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 | 0.0498 | |||
| Jensen Alpha | 0.116 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0118 | |||
| Treynor Ratio | 0.4586 |
| 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 Aluminium 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 Aluminium security.