WisdomTree Bitcoin (France) Price on September 2, 2024
| WBTC Etf | 21.97 0.67 2.96% |
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 Bitcoin stands at 21.97, as last reported on the 26th of November, with the highest price reaching 22.64 and the lowest price hitting 21.64 during the day. WisdomTree Bitcoin appears to be not too volatile, given 3 months investment horizon. WisdomTree Bitcoin EUR shows Sharpe Ratio of 0.28, which attests that the etf had a 0.28% return per unit of risk over the last 3 months. By examining WisdomTree Bitcoin's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize WisdomTree Bitcoin's Downside Deviation of 2.59, market risk adjusted performance of (1.88), and Mean Deviation of 2.52 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 = 0.2834
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average WisdomTree Bitcoin is performing at about 22% 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 Bitcoin by adding it to a well-diversified portfolio.
WisdomTree Bitcoin Valuation on September 2, 2024
It is possible to determine the worth of WisdomTree Bitcoin on a given historical date. On September 2, 2024 WisdomTree was worth 12.59 at the beginning of the trading date compared to the closed value of 12.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Bitcoin etf. Still, in general, we apply an absolute valuation method to find WisdomTree Bitcoin'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 Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Bitcoin's related companies.
| Open | High | Low | Close | Volume | |
| 12.83 | 12.95 | 12.58 | 12.58 | 11,521 | |
09/02/2024 | 12.59 | 12.72 | 12.49 | 12.68 | 2,208 |
| 12.77 | 12.85 | 12.50 | 12.54 | 3,034 |
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WisdomTree Bitcoin Trading Date Momentum on September 2, 2024
| On September 03 2024 WisdomTree Bitcoin EUR was traded for 12.54 at the closing time. The highest price during the trading period was 12.85 and the lowest recorded bid was listed for 12.50 . The volume for the day was 3 K. This history from September 3, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.10% . The trading price change to the current price is 0.32% . |
Price Boundaries
WisdomTree Bitcoin Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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WisdomTree Bitcoin November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Bitcoin 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 Bitcoin shares will generate the highest return on investment. By undertsting and applying WisdomTree Bitcoin etf market strength indicators, traders can identify WisdomTree Bitcoin EUR entry and exit signals to maximize returns
WisdomTree Bitcoin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Bitcoin'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.