Wisdomtree Trust Etf Price on September 4, 2024
QGRW Etf | 48.44 0.12 0.25% |
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 Trust stands at 48.44, as last reported on the 24th of November, with the highest price reaching 48.44 and the lowest price hitting 48.13 during the day. At this stage we consider WisdomTree Etf to be very steady. WisdomTree Trust shows Sharpe Ratio of 0.12, which attests that the etf had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for WisdomTree Trust, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Trust's Mean Deviation of 0.8079, market risk adjusted performance of 0.1439, and Downside Deviation of 1.4 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
WisdomTree |
Sharpe Ratio = 0.1215
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Estimated Market Risk
1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average WisdomTree Trust 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 Trust by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 547.7 K |
WisdomTree Trust Valuation on September 4, 2024
It is possible to determine the worth of WisdomTree Trust on a given historical date. On September 4, 2024 WisdomTree was worth 42.71 at the beginning of the trading date compared to the closed value of 42.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Trust etf. Still, in general, we apply an absolute valuation method to find WisdomTree Trust'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 Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Trust's related companies.
Open | High | Low | Close | Volume | |
44.20 | 44.20 | 42.85 | 43.01 | 80,444 | |
09/04/2024 | 42.71 | 43.27 | 42.63 | 42.90 | 64,164 |
42.98 | 43.36 | 42.71 | 42.92 | 35,438 |
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WisdomTree Trust Trading Date Momentum on September 4, 2024
On September 05 2024 WisdomTree Trust was traded for 42.92 at the closing time. The top price for the day was 43.36 and the lowest listed price was 42.71 . The trading volume for the day was 35.4 K. The trading history from September 5, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 0.05% . The trading price change against the current closing price is 3.01% . |
About WisdomTree Trust Etf history
WisdomTree Trust 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 Trust 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 Trust stock prices may prove useful in developing a viable investing in WisdomTree Trust
WisdomTree Trust Etf Technical Analysis
WisdomTree Trust 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 Trust Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
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WisdomTree Trust November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Trust 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 Trust shares will generate the highest return on investment. By undertsting and applying WisdomTree Trust etf market strength indicators, traders can identify WisdomTree Trust entry and exit signals to maximize returns
WisdomTree Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Trust'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 | 0.0969 | |||
Jensen Alpha | 0.0128 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0073 | |||
Treynor Ratio | 0.1339 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in WisdomTree Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of WisdomTree Trust is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Trust's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Trust's market value can be influenced by many factors that don't directly affect WisdomTree Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.