WisdomTree Investments (Germany) Market Value
| 1WT Stock | EUR 11.06 0.27 2.38% |
| Symbol | WisdomTree |
WisdomTree Investments 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to WisdomTree Investments' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of WisdomTree Investments.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in WisdomTree Investments on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding WisdomTree Investments or generate 0.0% return on investment in WisdomTree Investments over 540 days. WisdomTree Investments is related to or competes with Ameriprise Financial, Ares Management, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds sponsor and asset manager More
WisdomTree Investments Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure WisdomTree Investments' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess WisdomTree Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | 0.0777 | |||
| Maximum Drawdown | 14.93 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 5.41 |
WisdomTree Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Investments' standard deviation. In reality, there are many statistical measures that can use WisdomTree Investments historical prices to predict the future WisdomTree Investments' volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 0.3388 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0752 | |||
| Treynor Ratio | 7.97 |
WisdomTree Investments Backtested Returns
WisdomTree Investments appears to be somewhat reliable, given 3 months investment horizon. WisdomTree Investments shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for WisdomTree Investments, which you can use to evaluate the volatility of the company. Please utilize WisdomTree Investments' Mean Deviation of 1.95, downside deviation of 2.88, and Market Risk Adjusted Performance of 7.98 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WisdomTree Investments holds a performance score of 9. The firm maintains a market beta of 0.0432, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Investments is expected to be smaller as well. Please check WisdomTree Investments' treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether WisdomTree Investments' historical returns will revert.
Auto-correlation | 0.43 |
Average predictability
WisdomTree Investments has average predictability. Overlapping area represents the amount of predictability between WisdomTree Investments time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WisdomTree Investments price movement. The serial correlation of 0.43 indicates that just about 43.0% of current WisdomTree Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
WisdomTree Investments lagged returns against current returns
Autocorrelation, which is WisdomTree Investments stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting WisdomTree Investments' stock expected returns. We can calculate the autocorrelation of WisdomTree Investments returns to help us make a trade decision. For example, suppose you find that WisdomTree Investments has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
WisdomTree Investments regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If WisdomTree Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Investments stock over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Investments Lagged Returns
When evaluating WisdomTree Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Investments stock have on its future price. WisdomTree Investments autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, WisdomTree Investments autocorrelation shows the relationship between WisdomTree Investments stock current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Investments.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WisdomTree Stock
WisdomTree Investments financial ratios help investors to determine whether WisdomTree Stock 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 Investments security.