Wisdom Tree Bitcoin Etf Statistic Functions Beta
| BTCW Etf | 104.29 4.11 4.10% |
| Symbol |
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Wisdom Tree Bitcoin correlated with the market. If Beta is less than 0 Wisdom Tree generally moves in the opposite direction as compared to the market. If Wisdom Tree Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wisdom Tree Bitcoin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wisdom Tree is generally in the same direction as the market. If Beta > 1 Wisdom Tree moves generally in the same direction as, but more than the movement of the benchmark.
Wisdom Tree Technical Analysis Modules
Most technical analysis of Wisdom Tree help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wisdom from various momentum indicators to cycle indicators. When you analyze Wisdom charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Wisdom Tree Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wisdom Tree Bitcoin. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wisdom Tree Bitcoin based on widely used predictive technical indicators. In general, we focus on analyzing Wisdom Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wisdom Tree's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Wisdom Tree's intrinsic value. In addition to deriving basic predictive indicators for Wisdom Tree, we also check how macroeconomic factors affect Wisdom Tree price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wisdom Tree'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.
Be your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Generate Optimal Portfolios
Align your risk and return expectations
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wisdom Tree Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Wisdom Tree Bitcoin is measured differently than its book value, which is the value of Wisdom that is recorded on the company's balance sheet. Investors also form their own opinion of Wisdom Tree's value that differs from its market value or its book value, called intrinsic value, which is Wisdom Tree'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 Wisdom Tree's market value can be influenced by many factors that don't directly affect Wisdom Tree'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 Wisdom Tree's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wisdom Tree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wisdom Tree'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.