Wisdomtree Cboe Sp Etf Market Value
| PUTW Etf | USD 33.76 0.28 0.82% |
| Symbol | WisdomTree |
The market value of WisdomTree CBOE SP 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 CBOE's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree CBOE'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 CBOE's market value can be influenced by many factors that don't directly affect WisdomTree CBOE'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 CBOE's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree CBOE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree CBOE'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 CBOE '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 CBOE'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 CBOE.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in WisdomTree CBOE on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding WisdomTree CBOE SP or generate 0.0% return on investment in WisdomTree CBOE over 30 days. WisdomTree CBOE is related to or competes with Invesco SP, WisdomTree Managed, SPDR MSCI, WisdomTree Dynamic, and WisdomTree Interest. Under normal circumstances, at least 80 percent of the funds total assets will be invested in component securities of th... More
WisdomTree CBOE 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 CBOE'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 CBOE SP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5017 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.5 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.7664 |
WisdomTree CBOE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree CBOE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree CBOE's standard deviation. In reality, there are many statistical measures that can use WisdomTree CBOE historical prices to predict the future WisdomTree CBOE's volatility.| Risk Adjusted Performance | 0.109 | |||
| Jensen Alpha | 0.0116 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.1467 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WisdomTree CBOE'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 CBOE SP Backtested Returns
At this stage we consider WisdomTree Etf to be very steady. WisdomTree CBOE SP 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 twenty-nine technical indicators for WisdomTree CBOE SP, which you can use to evaluate the volatility of the etf. Please check out WisdomTree CBOE's Downside Deviation of 0.5017, mean deviation of 0.3235, and Market Risk Adjusted Performance of 0.1567 to validate if the risk estimate we provide is consistent with the expected return of 0.0765%. The entity maintains a market beta of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WisdomTree CBOE's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree CBOE is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
WisdomTree CBOE SP has below average predictability. Overlapping area represents the amount of predictability between WisdomTree CBOE time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 CBOE SP price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current WisdomTree CBOE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
WisdomTree CBOE SP lagged returns against current returns
Autocorrelation, which is WisdomTree CBOE 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 CBOE's etf expected returns. We can calculate the autocorrelation of WisdomTree CBOE returns to help us make a trade decision. For example, suppose you find that WisdomTree CBOE 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 CBOE 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 CBOE etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree CBOE etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree CBOE etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree CBOE Lagged Returns
When evaluating WisdomTree CBOE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree CBOE etf have on its future price. WisdomTree CBOE 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 CBOE autocorrelation shows the relationship between WisdomTree CBOE etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree CBOE SP.
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 CBOE SP is a strong investment it is important to analyze WisdomTree CBOE'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 CBOE's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:Check out WisdomTree CBOE Correlation, WisdomTree CBOE Volatility and WisdomTree CBOE Alpha and Beta module to complement your research on WisdomTree CBOE. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
WisdomTree CBOE 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.