Wisdomtree Digital Trust Fund Technical Analysis
WTSYX Fund | 1.00 0.00 0.00% |
As of the 24th of November, Wisdomtree Digital maintains the Standard Deviation of 0.3269, mean deviation of 0.1196, and Market Risk Adjusted Performance of 0.1793. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wisdomtree Digital Trust, as well as the relationship between them.
Wisdomtree Digital 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 Digital technical mutual fund 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, fund market cycles, or different charting patterns.
Wisdomtree Digital Trust 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 Digital Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wisdomtree Digital Trust Trend Analysis
Use this graph to draw trend lines for Wisdomtree Digital Trust. You can use it to identify possible trend reversals for Wisdomtree Digital 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 Digital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wisdomtree Digital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wisdomtree Digital Trust applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Wisdomtree Digital Trust market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Wisdomtree Digital price change compared to its average price change.About Wisdomtree Digital 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 Digital Trust 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 Digital Trust based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wisdomtree Digital Trust price pattern first instead of the macroeconomic environment surrounding Wisdomtree Digital Trust. By analyzing Wisdomtree Digital'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 Digital'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 Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wisdomtree Digital 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0235 | |||
Market Risk Adjusted Performance | 0.1793 | |||
Mean Deviation | 0.1196 | |||
Coefficient Of Variation | 2074.75 | |||
Standard Deviation | 0.3269 | |||
Variance | 0.1068 | |||
Information Ratio | (0.35) | |||
Jensen Alpha | 0.0016 | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 0.1693 | |||
Maximum Drawdown | 2.0 | |||
Potential Upside | 1.0 | |||
Skewness | 0.359 | |||
Kurtosis | 7.0 |
Other Information on Investing in Wisdomtree Mutual Fund
Wisdomtree Digital financial ratios help investors to determine whether Wisdomtree Mutual Fund 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 Digital security.
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