WisdomTree Equity (Switzerland) Market Value
| DHS Etf | CHF 23.33 0.20 0.86% |
| Symbol | WisdomTree |
WisdomTree Equity '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 Equity'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 Equity.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in WisdomTree Equity on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding WisdomTree Equity Income or generate 0.0% return on investment in WisdomTree Equity over 90 days. WisdomTree Equity is related to or competes with UBSFund Solutions, IShares VII, IShares SP, Lyxor UCITS, and IShares JP. The WisdomTree US Equity Income UCITS ETF seeks to track the price and yield performance, before fees and expenses, of t... More
WisdomTree Equity 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 Equity'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 Equity Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6908 | |||
| Information Ratio | 0.0785 | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 1.05 |
WisdomTree Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Equity's standard deviation. In reality, there are many statistical measures that can use WisdomTree Equity historical prices to predict the future WisdomTree Equity's volatility.| Risk Adjusted Performance | 0.1929 | |||
| Jensen Alpha | 0.1994 | |||
| Total Risk Alpha | 0.0611 | |||
| Sortino Ratio | 0.0858 | |||
| Treynor Ratio | (1.12) |
WisdomTree Equity Income Backtested Returns
At this stage we consider WisdomTree Etf to be very steady. WisdomTree Equity Income shows Sharpe Ratio of 0.24, which attests that the etf had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for WisdomTree Equity Income, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Equity's Coefficient Of Variation of 397.31, mean deviation of 0.4369, and Market Risk Adjusted Performance of (1.11) to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The entity maintains a market beta of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WisdomTree Equity are expected to decrease at a much lower rate. During the bear market, WisdomTree Equity is likely to outperform the market.
Auto-correlation | 0.76 |
Good predictability
WisdomTree Equity Income has good predictability. Overlapping area represents the amount of predictability between WisdomTree Equity time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Equity Income price movement. The serial correlation of 0.76 indicates that around 76.0% of current WisdomTree Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
WisdomTree Equity Income lagged returns against current returns
Autocorrelation, which is WisdomTree Equity 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 Equity's etf expected returns. We can calculate the autocorrelation of WisdomTree Equity returns to help us make a trade decision. For example, suppose you find that WisdomTree Equity 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 Equity 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 Equity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Equity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Equity etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Equity Lagged Returns
When evaluating WisdomTree Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Equity etf have on its future price. WisdomTree Equity 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 Equity autocorrelation shows the relationship between WisdomTree Equity etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Equity Income.
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 Equity 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 Equity security.