WisdomTree STOXX (Germany) Price on August 18, 2023

2CAR Etf   18.88  0.16  0.85%   
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. As of today, the current price of WisdomTree STOXX stands at 18.88, as last reported on the 23rd of December, with the highest price reaching 18.88 and the lowest price hitting 18.35 during the day. WisdomTree STOXX Europe shows Sharpe Ratio of -0.0663, which attests that the etf had a -0.0663% return per unit of risk over the last 3 months. WisdomTree STOXX Europe exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WisdomTree STOXX's Standard Deviation of 2.53, market risk adjusted performance of (0.26), and Mean Deviation of 1.89 to validate the risk estimate we provide.
  
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0663

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average WisdomTree STOXX is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of WisdomTree STOXX by adding WisdomTree STOXX to a well-diversified portfolio.

WisdomTree STOXX Valuation on August 18, 2023

It is possible to determine the worth of WisdomTree STOXX on a given historical date. On August 18, 2023 WisdomTree was worth 23.56 at the beginning of the trading date compared to the closed value of 23.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree STOXX etf. Still, in general, we apply an absolute valuation method to find WisdomTree STOXX's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of WisdomTree STOXX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree STOXX's related companies.
 Open High Low Close Volume
  24.40    24.40    24.09    24.09    1.00  
08/18/2023
  23.56    23.67    23.56    23.67    1.00  
  23.67    24.32    23.67    24.16    1.00  
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Open Value
23.56
23.67
Closing Value
31.10
Upside

WisdomTree STOXX Trading Date Momentum on August 18, 2023

On August 21 2023 WisdomTree STOXX Europe was traded for  24.16  at the closing time. The highest price during the trading period was 24.32  and the lowest recorded bid was listed for  23.67 . There was no trading activity during the period 1.0. Lack of trading volume on August 21, 2023 contributed to the next trading day price growth. The daily price change to the next closing price was 2.07% . The trading price change to the current price is 1.65% .

Price Boundaries

WisdomTree STOXX Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

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WisdomTree STOXX Europe cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

WisdomTree STOXX December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how WisdomTree STOXX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WisdomTree STOXX shares will generate the highest return on investment. By undertsting and applying WisdomTree STOXX etf market strength indicators, traders can identify WisdomTree STOXX Europe entry and exit signals to maximize returns

WisdomTree STOXX Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WisdomTree STOXX's price direction in advance. Along with the technical and fundamental analysis of WisdomTree Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of WisdomTree to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.