Wisdomtree Continuous Commodity Etf Price on October 15, 2024
GCC Etf | USD 18.95 0.11 0.58% |
Below is the normalized historical share price chart for WisdomTree Continuous Commodity extending back to January 24, 2008. 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 Continuous stands at 18.95, as last reported on the 21st of December, with the highest price reaching 19.03 and the lowest price hitting 18.85 during the day.
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. At this point, WisdomTree Continuous is very steady. WisdomTree Continuous shows Sharpe Ratio of 0.058, which attests that the etf had a 0.058% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Continuous, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Continuous' Downside Deviation of 0.82, market risk adjusted performance of (0.64), and Mean Deviation of 0.6081 to validate if the risk estimate we provide is consistent with the expected return of 0.0457%.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.53 | 200 Day MA 18.8579 | 1 y Volatility 19.99 | 50 Day MA 18.9484 | Inception Date 2008-01-24 |
WisdomTree |
Sharpe Ratio = 0.058
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GCC |
Estimated Market Risk
0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average WisdomTree Continuous is performing at about 4% 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 Continuous by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
WisdomTree Continuous Valuation on October 15, 2024
It is possible to determine the worth of WisdomTree Continuous on a given historical date. On October 15, 2024 WisdomTree was worth 18.64 at the beginning of the trading date compared to the closed value of 18.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Continuous etf. Still, in general, we apply an absolute valuation method to find WisdomTree Continuous' 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 Continuous where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Continuous' related companies.
Open | High | Low | Close | Volume | |
18.94 | 18.94 | 18.81 | 18.89 | 11,731 | |
10/15/2024 | 18.64 | 18.69 | 18.59 | 18.69 | 8,088 |
18.69 | 18.69 | 18.59 | 18.59 | 14,645 |
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WisdomTree Continuous Trading Date Momentum on October 15, 2024
On October 16 2024 WisdomTree Continuous Commodity was traded for 18.59 at the closing time. Highest WisdomTree Continuous's price during the trading hours was 18.69 and the lowest price during the day was 18.59 . The net volume was 14.6 K. The overall trading history on the 16th of October 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.54% . The trading price change to current price is 0.37% . |
WisdomTree Continuous Fundamentals Correlations and Trends
By evaluating WisdomTree Continuous' 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 Continuous' 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 Continuous Etf history
WisdomTree Continuous 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 Continuous 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 Continuous stock prices may prove useful in developing a viable investing in WisdomTree Continuous
The fund is an actively managed ETF that intends to provide broad-based exposure to the four commodity sectors Energy, Agriculture, Industrial Metals, and Precious Metals primarily through investments in futures contracts. Wisdomtree Enhancedcontinuo is traded on NYSEARCA Exchange in the United States.
WisdomTree Continuous Etf Technical Analysis
WisdomTree Continuous 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 Continuous Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
WisdomTree Continuous Commodity cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Continuous December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Continuous 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 Continuous shares will generate the highest return on investment. By undertsting and applying WisdomTree Continuous etf market strength indicators, traders can identify WisdomTree Continuous Commodity entry and exit signals to maximize returns
WisdomTree Continuous Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Continuous' 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 | 0.0542 | |||
Jensen Alpha | 0.0449 | |||
Total Risk Alpha | 0.0216 | |||
Sortino Ratio | 0.0259 | |||
Treynor Ratio | (0.65) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Continuous Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of WisdomTree Continuous 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 Continuous' value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Continuous' 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 Continuous' market value can be influenced by many factors that don't directly affect WisdomTree Continuous' 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 Continuous' value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Continuous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Continuous' 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.