Wisdomtree Smallcap Earnings Etf Technical Analysis
| EES Etf | USD 57.71 0.86 1.51% |
As of the 24th of November, WisdomTree SmallCap maintains the Downside Deviation of 1.02, market risk adjusted performance of 0.1303, and Mean Deviation of 1.03. WisdomTree SmallCap 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 SmallCap variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if WisdomTree SmallCap is priced fairly, providing market reflects its latest price of 57.71 per share.
WisdomTree SmallCap 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 SmallCap 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 SmallCap Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SmallCap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WisdomTree SmallCap Trend Analysis
Use this graph to draw trend lines for WisdomTree SmallCap Earnings. You can use it to identify possible trend reversals for WisdomTree SmallCap 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 SmallCap price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WisdomTree SmallCap Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WisdomTree SmallCap Earnings applied against its price change over selected period. The best fit line has a slop of 0.11 , which may imply that WisdomTree SmallCap Earnings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 422.04, which is the sum of squared deviations for the predicted WisdomTree SmallCap price change compared to its average price change.About WisdomTree SmallCap 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 SmallCap Earnings 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 SmallCap Earnings based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WisdomTree SmallCap price pattern first instead of the macroeconomic environment surrounding WisdomTree SmallCap. By analyzing WisdomTree SmallCap'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 SmallCap'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 SmallCap specific price patterns or momentum indicators. Please read more on our technical analysis page.
WisdomTree SmallCap November 24, 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.
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| Risk Adjusted Performance | 0.1117 | |||
| Market Risk Adjusted Performance | 0.1303 | |||
| Mean Deviation | 1.03 | |||
| Semi Deviation | 0.83 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 718.15 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.27 | |||
| Information Ratio | 0.0524 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0775 | |||
| Treynor Ratio | 0.1203 | |||
| Maximum Drawdown | 8.99 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.39 | |||
| Downside Variance | 1.04 | |||
| Semi Variance | 0.6889 | |||
| Expected Short fall | (1.29) | |||
| Skewness | 1.89 | |||
| Kurtosis | 7.53 |
WisdomTree SmallCap One Year Return
Based on the recorded statements, WisdomTree SmallCap Earnings has an One Year Return of 32.6%. This is much higher than that of the WisdomTree family and significantly higher than that of the Small Value category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree SmallCap Earnings. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of WisdomTree SmallCap 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 SmallCap's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree SmallCap'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 SmallCap's market value can be influenced by many factors that don't directly affect WisdomTree SmallCap'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 SmallCap's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree SmallCap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree SmallCap'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.