WisdomTree Petroleum (UK) Price on November 29, 2024
| LPET Etf | 36.60 0.64 1.78% |
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 36.60, as last reported on the 2nd of December, with the highest price reaching 38.00 and the lowest price hitting 36.60 during the day. Currently, WisdomTree Petroleum 2x is very steady. WisdomTree Petroleum shows Sharpe Ratio of 0.0117, which attests that the etf had a 0.0117% 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 check out WisdomTree Petroleum's Downside Deviation of 4.08, market risk adjusted performance of (0.03), and Mean Deviation of 2.78 to validate if the risk estimate we provide is consistent with the expected return of 0.0438%.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
WisdomTree |
Sharpe Ratio = 0.0117
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LPET |
Estimated Market Risk
| 3.73 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WisdomTree Petroleum is not performing at its full potential. However, 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 WisdomTree Petroleum to a well-diversified portfolio.
WisdomTree Petroleum Valuation on November 29, 2024
It is possible to determine the worth of WisdomTree Petroleum on a given historical date. On November 29, 2024 WisdomTree was worth 38.0 at the beginning of the trading date compared to the closed value of 36.6. 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 | |
| 38.00 | 38.00 | 35.96 | 35.96 | 1.00 | |
11/29/2024 | 38.00 | 38.00 | 36.60 | 36.60 | 1.00 |
| 38.00 | 38.00 | 36.60 | 36.60 | 0.00 |
| Backtest WisdomTree Petroleum | | | WisdomTree Petroleum History | | | WisdomTree Petroleum Valuation | Previous | Next |
WisdomTree Petroleum Trading Date Momentum on November 29, 2024
| On December 02 2024 WisdomTree Petroleum 2x was traded for 36.60 at the closing time. The highest price during the trading period was 38.00 and the lowest recorded bid was listed for 36.60 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 3.83% . |
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 | December 2, 2024
| 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 December 2, 2024 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 | 0.0169 | |||
| Jensen Alpha | 0.1352 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.04) |
| 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 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.