WisdomTree Core (UK) Market Value
| WGLD Stock | 279.21 1.52 0.55% |
| Symbol | WisdomTree |
WisdomTree Core '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 Core's stock 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 Core.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in WisdomTree Core on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding WisdomTree Core Physical or generate 0.0% return on investment in WisdomTree Core over 360 days. WisdomTree Core is related to or competes with Micron Technology, Take Two, Herald Investment, JPMorgan Japanese, Chrysalis Investments, EJF Investments, and Check Point. WisdomTree Core is entity of United Kingdom More
WisdomTree Core 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 Core's stock 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 Core Physical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.38 |
WisdomTree Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Core's standard deviation. In reality, there are many statistical measures that can use WisdomTree Core historical prices to predict the future WisdomTree Core's volatility.| Risk Adjusted Performance | 0.0277 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.07) |
WisdomTree Core Physical Backtested Returns
Currently, WisdomTree Core Physical is very steady. WisdomTree Core Physical shows Sharpe Ratio of 0.046, which attests that the company had a 0.046 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Core Physical, which you can use to evaluate the volatility of the company. Please check out WisdomTree Core's Mean Deviation of 0.7168, market risk adjusted performance of (0.06), and Downside Deviation of 1.11 to validate if the risk estimate we provide is consistent with the expected return of 0.0442%. WisdomTree Core has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WisdomTree Core are expected to decrease at a much lower rate. During the bear market, WisdomTree Core is likely to outperform the market. WisdomTree Core Physical right now maintains a risk of 0.96%. Please check out WisdomTree Core Physical treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if WisdomTree Core Physical will be following its historical returns.
Auto-correlation | 0.81 |
Very good predictability
WisdomTree Core Physical has very good predictability. Overlapping area represents the amount of predictability between WisdomTree Core time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 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 Core Physical price movement. The serial correlation of 0.81 indicates that around 81.0% of current WisdomTree Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 84.31 |
WisdomTree Core Physical lagged returns against current returns
Autocorrelation, which is WisdomTree Core stock'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 Core's stock expected returns. We can calculate the autocorrelation of WisdomTree Core returns to help us make a trade decision. For example, suppose you find that WisdomTree Core has exhibited high autocorrelation historically, and you observe that the stock 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 Core 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 Core stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Core stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Core stock over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Core Lagged Returns
When evaluating WisdomTree Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Core stock have on its future price. WisdomTree Core 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 Core autocorrelation shows the relationship between WisdomTree Core stock current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Core Physical.
Regressed Prices |
| Timeline |
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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.Additional Tools for WisdomTree Stock Analysis
When running WisdomTree Core's price analysis, check to measure WisdomTree Core's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WisdomTree Core is operating at the current time. Most of WisdomTree Core's value examination focuses on studying past and present price action to predict the probability of WisdomTree Core's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WisdomTree Core's price. Additionally, you may evaluate how the addition of WisdomTree Core to your portfolios can decrease your overall portfolio volatility.