WisdomTree Cocoa (UK) Technical Analysis
| COCO Etf | 14.28 0.98 7.37% |
As of the 22nd of November, WisdomTree Cocoa maintains the Downside Deviation of 2.97, market risk adjusted performance of 1.08, and Mean Deviation of 2.38. WisdomTree Cocoa technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the etf's future prices. Please check out WisdomTree Cocoa information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if WisdomTree Cocoa is priced fairly, providing market reflects its latest price of 14.28 per share.
WisdomTree Cocoa Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WisdomTree, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WisdomTreeWisdomTree |
WisdomTree Cocoa 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.
WisdomTree Cocoa Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WisdomTree Cocoa volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WisdomTree Cocoa Trend Analysis
Use this graph to draw trend lines for WisdomTree Cocoa. You can use it to identify possible trend reversals for WisdomTree Cocoa as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual WisdomTree Cocoa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WisdomTree Cocoa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WisdomTree Cocoa applied against its price change over selected period. The best fit line has a slop of 0.02 , which means WisdomTree Cocoa will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.88, which is the sum of squared deviations for the predicted WisdomTree Cocoa price change compared to its average price change.About WisdomTree Cocoa Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of WisdomTree Cocoa on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of WisdomTree Cocoa based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WisdomTree Cocoa price pattern first instead of the macroeconomic environment surrounding WisdomTree Cocoa. By analyzing WisdomTree Cocoa's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of WisdomTree Cocoa's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to WisdomTree Cocoa specific price patterns or momentum indicators. Please read more on our technical analysis page.
WisdomTree Cocoa November 22, 2024 Technical Indicators
Most technical analysis of WisdomTree 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 WisdomTree from various momentum indicators to cycle indicators. When you analyze WisdomTree charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | 0.0739 | |||
| Market Risk Adjusted Performance | 1.08 | |||
| Mean Deviation | 2.38 | |||
| Semi Deviation | 2.79 | |||
| Downside Deviation | 2.97 | |||
| Coefficient Of Variation | 1150.98 | |||
| Standard Deviation | 3.19 | |||
| Variance | 10.19 | |||
| Information Ratio | 0.0526 | |||
| Jensen Alpha | 0.2425 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0564 | |||
| Treynor Ratio | 1.07 | |||
| Maximum Drawdown | 14.79 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.61 | |||
| Downside Variance | 8.85 | |||
| Semi Variance | 7.81 | |||
| Expected Short fall | (2.72) | |||
| Skewness | (0.05) | |||
| Kurtosis | 0.5312 |
WisdomTree Cocoa November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as WisdomTree stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6,521 | ||
| Daily Balance Of Power | 0.84 | ||
| Rate Of Daily Change | 1.07 | ||
| Day Median Price | 13.70 | ||
| Day Typical Price | 13.89 | ||
| Price Action Indicator | 1.07 |
Other Information on Investing in WisdomTree Etf
WisdomTree Cocoa 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 Cocoa security.