Wisdomtree Digital Trust Fund Price on February 16, 2024
| TECHX Fund | 19.27 0.19 1.00% |
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 Digital stands at 19.27, as last reported on the 1st of December, with the highest price reaching 19.27 and the lowest price hitting 19.27 during the day. At this stage we consider Wisdomtree Mutual Fund to be very steady. Wisdomtree Digital Trust shows Sharpe Ratio of 0.16, which attests that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wisdomtree Digital Trust, which you can use to evaluate the volatility of the fund. Please check out Wisdomtree Digital's Market Risk Adjusted Performance of 0.1469, downside deviation of 1.44, and Mean Deviation of 0.8362 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
Wisdomtree Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wisdomtree |
Sharpe Ratio = 0.1593
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TECHX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Wisdomtree Digital is performing at about 12% 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 Digital by adding it to a well-diversified portfolio.
Wisdomtree Digital Valuation on February 16, 2024
It is possible to determine the worth of Wisdomtree Digital on a given historical date. On February 16, 2024 Wisdomtree was worth 15.52 at the beginning of the trading date compared to the closed value of 15.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wisdomtree Digital mutual fund. Still, in general, we apply an absolute valuation method to find Wisdomtree Digital'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 Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wisdomtree Digital's related companies.
| Open | High | Low | Close | Volume | |
| 15.67 | 15.67 | 15.67 | 15.67 | 1.00 | |
02/16/2024 | 15.52 | 15.52 | 15.52 | 15.52 | 1.00 |
| 15.35 | 15.35 | 15.35 | 15.35 | 1.00 |
| Backtest Wisdomtree Digital | | | Wisdomtree Digital History | | | Wisdomtree Digital Valuation | Previous | Next |
Wisdomtree Digital Trading Date Momentum on February 16, 2024
| On February 20 2024 Wisdomtree Digital Trust was traded for 15.35 at the closing time. The highest daily price throughout the period was 15.35 and the lowest price was 15.35 . There was no trading activity during the period 1.0. Lack of trading volume on 02/20/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.10% . The trading price change to current closing price is 1.80% . |
About Wisdomtree Digital Mutual Fund history
Wisdomtree Digital 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 Digital 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 Digital stock prices may prove useful in developing a viable investing in Wisdomtree Digital
The fund is designed to track the performance of the WisdomTree Technology and Innovation 100 Index through the use of a representative sampling strategy. The index is maintained by WisdomTree, Inc. and is designed to provide exposure to U.S. exchange-listed companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and innovation. The fund is non-diversified.
Wisdomtree Digital Mutual Fund Technical Analysis
Wisdomtree Digital 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 Digital Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Wisdomtree Digital Trust 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 Digital December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Wisdomtree Digital 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 Digital shares will generate the highest return on investment. By undertsting and applying Wisdomtree Digital mutual fund market strength indicators, traders can identify Wisdomtree Digital Trust entry and exit signals to maximize returns
Wisdomtree Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wisdomtree Digital'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 | 0.1003 | |||
| Jensen Alpha | 0.0096 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | 0.1369 |
| 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 Mutual Fund
Wisdomtree Digital 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 Digital security.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |