WisdomTree Petroleum (UK) Price on November 20, 2024
| LPET Etf | 44.20 0.74 1.70% |
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 Petroleum stands at 44.20, as last reported on the 23rd of January, with the highest price reaching 44.50 and the lowest price hitting 40.94 during the day. WisdomTree Petroleum appears to be out of control, given 3 months investment horizon. WisdomTree Petroleum shows Sharpe Ratio of 0.0832, which attests that the etf had a 0.0832 % return per unit of risk over the last 3 months. We have found thirty technical indicators for WisdomTree Petroleum, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree Petroleum's Downside Deviation of 3.2, market risk adjusted performance of (0.28), and Mean Deviation of 2.32 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.
WisdomTree |
Sharpe Ratio = 0.0832
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average WisdomTree Petroleum is performing at about 6% 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 Petroleum by adding it to a well-diversified portfolio.
WisdomTree Petroleum Valuation on November 20, 2024
It is possible to determine the worth of WisdomTree Petroleum on a given historical date. On November 20, 2024 WisdomTree was worth 35.43 at the beginning of the trading date compared to the closed value of 37.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Petroleum etf. Still, in general, we apply an absolute valuation method to find WisdomTree Petroleum'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 Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 35.43 | 36.74 | 35.43 | 36.74 | 1.00 | |
11/20/2024 | 35.43 | 37.01 | 35.43 | 37.01 | 1.00 |
| 38.00 | 38.00 | 37.51 | 37.51 | 15,300 |
| Backtest WisdomTree Petroleum | | | WisdomTree Petroleum History | | | WisdomTree Petroleum Valuation | Previous | Next |
WisdomTree Petroleum Trading Date Momentum on November 20, 2024
| On November 21 2024 WisdomTree Petroleum 2x was traded for 37.51 at the closing time. The highest price during the trading period was 38.00 and the lowest recorded bid was listed for 37.51 . The volume for the day was 15.3 K. This history from November 21, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.35% . The trading price change to the current price is 2.67% . |
WisdomTree Petroleum Fundamentals Correlations and Trends
By evaluating WisdomTree Petroleum'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 Petroleum'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 Petroleum Etf history
WisdomTree Petroleum 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 Petroleum 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 Petroleum stock prices may prove useful in developing a viable investing in WisdomTree Petroleum
WisdomTree Petroleum Etf Technical Analysis
WisdomTree Petroleum 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 Petroleum Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
WisdomTree Petroleum 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 Petroleum January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Petroleum 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 Petroleum shares will generate the highest return on investment. By undertsting and applying WisdomTree Petroleum etf market strength indicators, traders can identify WisdomTree Petroleum 2x entry and exit signals to maximize returns
WisdomTree Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Petroleum'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 | 0.0774 | |||
| Jensen Alpha | 0.2611 | |||
| Total Risk Alpha | 0.1501 | |||
| Sortino Ratio | 0.0672 | |||
| Treynor Ratio | (0.29) |
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Other Information on Investing in WisdomTree Etf
WisdomTree Petroleum 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 Petroleum security.