WisdomTree Europe's market value is the price at which a share of WisdomTree Europe trades on a public exchange. It measures the collective expectations of WisdomTree Europe Equity investors about its performance. WisdomTree Europe is selling for under 20.80 as of the 23rd of March 2025; that is 0.14% increase since the beginning of the trading day. The etf's lowest day price was 20.8. With this module, you can estimate the performance of a buy and hold strategy of WisdomTree Europe Equity and determine expected loss or profit from investing in WisdomTree Europe over a given investment horizon. Check out WisdomTree Europe Correlation, WisdomTree Europe Volatility and WisdomTree Europe Alpha and Beta module to complement your research on WisdomTree Europe.
Please note, there is a significant difference between WisdomTree Europe's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Europe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Europe'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 Europe '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 Europe'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 Europe.
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01/22/2025
No Change 0.00
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In 2 months and 2 days
03/23/2025
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If you would invest 0.00 in WisdomTree Europe on January 22, 2025 and sell it all today you would earn a total of 0.00 from holding WisdomTree Europe Equity or generate 0.0% return on investment in WisdomTree Europe over 60 days. WisdomTree Europe is related to or competes with WisdomTree Emerging, WisdomTree Battery, and WisdomTree Europe. The WisdomTree Europe Equity Income UCITS ETF seeks to track the price and yield performance, before fees and expenses, ... More
WisdomTree Europe 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 Europe'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 Europe Equity upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Europe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Europe's standard deviation. In reality, there are many statistical measures that can use WisdomTree Europe historical prices to predict the future WisdomTree Europe's volatility.
WisdomTree Europe appears to be very steady, given 3 months investment horizon. WisdomTree Europe Equity shows Sharpe Ratio of 0.56, which attests that the etf had a 0.56 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for WisdomTree Europe Equity, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree Europe's Market Risk Adjusted Performance of (4.34), mean deviation of 0.2791, and Standard Deviation of 0.392 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.0329, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WisdomTree Europe are expected to decrease at a much lower rate. During the bear market, WisdomTree Europe is likely to outperform the market.
Auto-correlation
0.78
Good predictability
WisdomTree Europe Equity has good predictability. Overlapping area represents the amount of predictability between WisdomTree Europe time series from 22nd of January 2025 to 21st of February 2025 and 21st of February 2025 to 23rd of March 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 Europe Equity price movement. The serial correlation of 0.78 indicates that around 78.0% of current WisdomTree Europe price fluctuation can be explain by its past prices.
Correlation Coefficient
0.78
Spearman Rank Test
0.7
Residual Average
0.0
Price Variance
0.04
WisdomTree Europe Equity lagged returns against current returns
Autocorrelation, which is WisdomTree Europe 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 Europe's etf expected returns. We can calculate the autocorrelation of WisdomTree Europe returns to help us make a trade decision. For example, suppose you find that WisdomTree Europe 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 Europe 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 Europe etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Europe etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Europe etf over time.
Current vs Lagged Prices
Timeline
WisdomTree Europe Lagged Returns
When evaluating WisdomTree Europe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Europe etf have on its future price. WisdomTree Europe 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 Europe autocorrelation shows the relationship between WisdomTree Europe etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Europe Equity.
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.
WisdomTree Europe 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 Europe security.