WisdomTree (UK) Market Value
| 3LUS Etf | 9,688 77.50 0.81% |
| Symbol | WisdomTree |
WisdomTree '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's etf 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.
| 02/10/2023 |
| 01/30/2025 |
If you would invest 0.00 in WisdomTree on February 10, 2023 and sell it all today you would earn a total of 0.00 from holding WisdomTree SP 500 or generate 0.0% return on investment in WisdomTree over 720 days. WisdomTree is related to or competes with WisdomTree Zinc, WisdomTree Brent, WisdomTree Aluminium, WisdomTree Enhanced, WisdomTree Gold, WisdomTree WTI, and WisdomTree Issuer. WisdomTree is entity of United Kingdom. It is traded as Etf on LSE exchange. More
WisdomTree 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's etf 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 SP 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0493 | |||
| Maximum Drawdown | 14.69 | |||
| Value At Risk | (4.16) | |||
| Potential Upside | 3.96 |
WisdomTree Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree's standard deviation. In reality, there are many statistical measures that can use WisdomTree historical prices to predict the future WisdomTree's volatility.| Risk Adjusted Performance | 0.0778 | |||
| Jensen Alpha | 0.088 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0465 | |||
| Treynor Ratio | 0.1382 |
WisdomTree SP 500 Backtested Returns
WisdomTree appears to be very steady, given 3 months investment horizon. WisdomTree SP 500 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 twenty-nine technical indicators for WisdomTree SP 500, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree's Market Risk Adjusted Performance of 0.1482, mean deviation of 1.62, and Downside Deviation of 2.52 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of 1.39, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WisdomTree will likely underperform.
Auto-correlation | 0.78 |
Good predictability
WisdomTree SP 500 has good predictability. Overlapping area represents the amount of predictability between WisdomTree time series from 10th of February 2023 to 5th of February 2024 and 5th of February 2024 to 30th of January 2025. 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 SP 500 price movement. The serial correlation of 0.78 indicates that around 78.0% of current WisdomTree price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 M |
WisdomTree SP 500 lagged returns against current returns
Autocorrelation, which is WisdomTree etf'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's etf expected returns. We can calculate the autocorrelation of WisdomTree returns to help us make a trade decision. For example, suppose you find that WisdomTree has exhibited high autocorrelation historically, and you observe that the etf 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 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 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Lagged Returns
When evaluating WisdomTree's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree etf have on its future price. WisdomTree 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 autocorrelation shows the relationship between WisdomTree etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree SP 500.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in WisdomTree Etf
WisdomTree 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 security.