Wisdomtree Asia Defense Etf Market Value
| WDAF Etf | 33.08 0.86 2.53% |
| Symbol | WisdomTree |
The market value of WisdomTree Asia Defense 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 Asia's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Asia'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 Asia's market value can be influenced by many factors that don't directly affect WisdomTree Asia'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 Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Asia'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 Asia '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 Asia'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 Asia.
| 12/19/2025 |
| 01/18/2026 |
If you would invest 0.00 in WisdomTree Asia on December 19, 2025 and sell it all today you would earn a total of 0.00 from holding WisdomTree Asia Defense or generate 0.0% return on investment in WisdomTree Asia over 30 days. WisdomTree Asia is related to or competes with Telecommunications, Jacob Small, Cullen Small, Bitwise Funds, Banking Fund, Innovator ETFs, and Woman In. WisdomTree Asia is entity of United States More
WisdomTree Asia 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 Asia'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 Asia Defense upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.0434 | |||
| Maximum Drawdown | 5.16 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.96 |
WisdomTree Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Asia's standard deviation. In reality, there are many statistical measures that can use WisdomTree Asia historical prices to predict the future WisdomTree Asia's volatility.| Risk Adjusted Performance | 0.079 | |||
| Jensen Alpha | 0.1018 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0517 | |||
| Treynor Ratio | 0.2486 |
WisdomTree Asia Defense Backtested Returns
At this point, WisdomTree Asia is very steady. WisdomTree Asia Defense shows Sharpe Ratio of 0.086, which attests that the etf had a 0.086 % return per unit of risk over the last 3 months. We have found thirty technical indicators for WisdomTree Asia Defense, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Asia's Market Risk Adjusted Performance of 0.2586, mean deviation of 1.26, and Downside Deviation of 1.35 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The entity maintains a market beta of 0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WisdomTree Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Asia is expected to be smaller as well.
Auto-correlation | 0.53 |
Modest predictability
WisdomTree Asia Defense has modest predictability. Overlapping area represents the amount of predictability between WisdomTree Asia time series from 19th of December 2025 to 3rd of January 2026 and 3rd of January 2026 to 18th of January 2026. 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 Asia Defense price movement. The serial correlation of 0.53 indicates that about 53.0% of current WisdomTree Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 1.74 |
WisdomTree Asia Defense lagged returns against current returns
Autocorrelation, which is WisdomTree Asia 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 Asia's etf expected returns. We can calculate the autocorrelation of WisdomTree Asia returns to help us make a trade decision. For example, suppose you find that WisdomTree Asia 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 |
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WisdomTree Asia 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 Asia etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Asia etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Asia etf over time.
Current vs Lagged Prices |
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WisdomTree Asia Lagged Returns
When evaluating WisdomTree Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Asia etf have on its future price. WisdomTree Asia 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 Asia autocorrelation shows the relationship between WisdomTree Asia etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Asia Defense.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether WisdomTree Asia Defense is a strong investment it is important to analyze WisdomTree Asia'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 Asia's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:Check out WisdomTree Asia Correlation, WisdomTree Asia Volatility and WisdomTree Asia Alpha and Beta module to complement your research on WisdomTree Asia. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
WisdomTree Asia 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.