Wisdomtree Total Dividend Etf Market Value
| DTD Etf | USD 79.89 0.56 0.71% |
| Symbol | WisdomTree |
The market value of WisdomTree Total Dividend is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Total's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Total's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Total's market value can be influenced by many factors that don't directly affect WisdomTree Total's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Total's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
WisdomTree Total '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 Total'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 Total.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in WisdomTree Total on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding WisdomTree Total Dividend or generate 0.0% return on investment in WisdomTree Total over 720 days. WisdomTree Total is related to or competes with BlackRock ETF, Rbb Fund, Virtus ETF, and Amplify CWP. The fund invests at least 95 percent of its total assets will be invested in the component securities of the index and i... More
WisdomTree Total 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 Total'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 Total Dividend upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6122 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 3.07 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 1.19 |
WisdomTree Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Total's standard deviation. In reality, there are many statistical measures that can use WisdomTree Total historical prices to predict the future WisdomTree Total's volatility.| Risk Adjusted Performance | 0.1471 | |||
| Jensen Alpha | 0.0218 | |||
| Total Risk Alpha | 0.0141 | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1479 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WisdomTree Total's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
WisdomTree Total Dividend Backtested Returns
At this point, WisdomTree Total is very steady. WisdomTree Total Dividend shows Sharpe Ratio of 0.16, which attests that the etf had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for WisdomTree Total Dividend, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Total's Mean Deviation of 0.4933, downside deviation of 0.6122, and Market Risk Adjusted Performance of 0.1579 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The entity maintains a market beta of 0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WisdomTree Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Total is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
WisdomTree Total Dividend has weak predictability. Overlapping area represents the amount of predictability between WisdomTree Total time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Total Dividend price movement. The serial correlation of 0.21 indicates that over 21.0% of current WisdomTree Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 22.87 |
WisdomTree Total Dividend lagged returns against current returns
Autocorrelation, which is WisdomTree Total 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 Total's etf expected returns. We can calculate the autocorrelation of WisdomTree Total returns to help us make a trade decision. For example, suppose you find that WisdomTree Total 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 Total 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 Total etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Total etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Total etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Total Lagged Returns
When evaluating WisdomTree Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Total etf have on its future price. WisdomTree Total 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 Total autocorrelation shows the relationship between WisdomTree Total etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Total Dividend.
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.When determining whether WisdomTree Total Dividend is a strong investment it is important to analyze WisdomTree Total's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WisdomTree Total's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:Check out WisdomTree Total Correlation, WisdomTree Total Volatility and WisdomTree Total Alpha and Beta module to complement your research on WisdomTree Total. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
WisdomTree Total technical etf 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, etf market cycles, or different charting patterns.