WisdomTree Wheat (Germany) Price on December 11, 2024
| 4RUJ Etf | 3.79 0.01 0.26% |
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 Wheat stands at 3.79, as last reported on the 23rd of December, with the highest price reaching 3.83 and the lowest price hitting 3.77 during the day. WisdomTree Wheat shows Sharpe Ratio of -0.073, which attests that the etf had a -0.073% return per unit of risk over the last 3 months. WisdomTree Wheat exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WisdomTree Wheat's Standard Deviation of 2.75, market risk adjusted performance of 0.3728, and Mean Deviation of 2.17 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.
WisdomTree |
Sharpe Ratio = -0.073
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| Negative Returns | 4RUJ |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.2 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 Wheat 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 Wheat by adding WisdomTree Wheat to a well-diversified portfolio.
WisdomTree Wheat Valuation on December 11, 2024
It is possible to determine the worth of WisdomTree Wheat on a given historical date. On December 11, 2024 WisdomTree was worth 4.19 at the beginning of the trading date compared to the closed value of 4.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Wheat etf. Still, in general, we apply an absolute valuation method to find WisdomTree Wheat'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 Wheat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Wheat's related companies.
| Open | High | Low | Close | Volume | |
| 4.06 | 4.15 | 4.05 | 4.14 | 1,018 | |
12/11/2024 | 4.19 | 4.25 | 4.18 | 4.25 | 6,120 |
| 4.15 | 4.19 | 4.10 | 4.10 | 3,070 |
| Backtest WisdomTree Wheat | | | WisdomTree Wheat History | Previous | Next |
WisdomTree Wheat Trading Date Momentum on December 11, 2024
| On December 12 2024 WisdomTree Wheat 2x was traded for 4.10 at the closing time. The highest price during the trading period was 4.19 and the lowest recorded bid was listed for 4.10 . The volume for the day was 3.1 K. This history from December 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.53% . The trading price change to the current price is 9.88% . |
Price Boundaries
WisdomTree Wheat Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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WisdomTree Wheat December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Wheat 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 Wheat shares will generate the highest return on investment. By undertsting and applying WisdomTree Wheat etf market strength indicators, traders can identify WisdomTree Wheat 2x entry and exit signals to maximize returns
WisdomTree Wheat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Wheat'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.