Wisdomtree China Ex State Owned Etf Price on May 14, 2024
CXSE Etf | USD 30.18 0.15 0.49% |
Below is the normalized historical share price chart for WisdomTree China ex State Owned extending back to September 19, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of WisdomTree China stands at 30.18, as last reported on the 20th of December, with the highest price reaching 30.18 and the lowest price hitting 30.18 during the day.
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. WisdomTree China appears to be not too volatile, given 3 months investment horizon. WisdomTree China shows Sharpe Ratio of 0.0706, which attests that the etf had a 0.0706% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for WisdomTree China, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree China's Downside Deviation of 3.08, mean deviation of 2.34, and Market Risk Adjusted Performance of 11.96 to validate if our risk estimates are consistent with your expectations.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 35.1 | 200 Day MA 28.5871 | 1 y Volatility 37.9 | 50 Day MA 31.7928 | Inception Date 2012-09-19 |
WisdomTree |
Sharpe Ratio = 0.0706
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Estimated Market Risk
3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average WisdomTree China is performing at about 5% of its full potential. 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 China by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 36.6 K |
WisdomTree China Valuation on May 14, 2024
It is possible to determine the worth of WisdomTree China on a given historical date. On May 14, 2024 WisdomTree was worth 29.08 at the beginning of the trading date compared to the closed value of 29.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree China etf. Still, in general, we apply an absolute valuation method to find WisdomTree China'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 China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree China's related companies.
Open | High | Low | Close | Volume | |
29.02 | 29.32 | 29.02 | 29.27 | 17,661 | |
05/14/2024 | 29.08 | 29.13 | 29.01 | 29.12 | 27,775 |
29.31 | 29.31 | 29.05 | 29.27 | 8,658 |
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WisdomTree China Trading Date Momentum on May 14, 2024
On May 15 2024 WisdomTree China ex State Owned was traded for 29.27 at the closing time. The top price for the day was 29.31 and the lowest listed price was 29.05 . The trading volume for the day was 8.7 K. The trading history from May 15, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.52% . The trading price change against the current closing price is 2.61% . |
WisdomTree China Fundamentals Correlations and Trends
By evaluating WisdomTree China's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WisdomTree China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WisdomTree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WisdomTree China Etf history
WisdomTree China investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for WisdomTree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WisdomTree China will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing WisdomTree China stock prices may prove useful in developing a viable investing in WisdomTree China
Under normal circumstances, at least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree China is traded on NASDAQ Exchange in the United States.
WisdomTree China Etf Technical Analysis
WisdomTree China 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.
Price Boundaries
WisdomTree China Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
WisdomTree China ex State Owned cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 China December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree China 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 China shares will generate the highest return on investment. By undertsting and applying WisdomTree China etf market strength indicators, traders can identify WisdomTree China ex State Owned entry and exit signals to maximize returns
WisdomTree China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree China'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.
Risk Adjusted Performance | 0.0761 | |||
Jensen Alpha | 0.2816 | |||
Total Risk Alpha | 0.1821 | |||
Sortino Ratio | 0.0839 | |||
Treynor Ratio | 11.95 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in WisdomTree China ex State Owned. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of WisdomTree China 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 China's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree China'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 China's market value can be influenced by many factors that don't directly affect WisdomTree China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree China'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.