Wisdomtree Efficient Gold Etf Price on November 14, 2024
| GDE Etf | USD 37.92 0.07 0.18% |
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 Efficient stands at 37.92, as last reported on the 29th of November, with the highest price reaching 38.27 and the lowest price hitting 37.72 during the day. WisdomTree Efficient appears to be very steady, given 3 months investment horizon. WisdomTree Efficient Gold shows Sharpe Ratio of 0.17, which attests that the etf had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Efficient Gold, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree Efficient's Mean Deviation of 0.9293, downside deviation of 1.61, and Market Risk Adjusted Performance of 0.2077 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.
WisdomTree |
Sharpe Ratio = 0.1681
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Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average WisdomTree Efficient is performing at about 13% 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 Efficient by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 313.8 K |
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WisdomTree Efficient Valuation on November 14, 2024
It is possible to determine the worth of WisdomTree Efficient on a given historical date. On November 14, 2024 WisdomTree was worth 37.07 at the beginning of the trading date compared to the closed value of 36.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Efficient etf. Still, in general, we apply an absolute valuation method to find WisdomTree Efficient'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 Efficient where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Efficient's related companies.
| Open | High | Low | Close | Volume | |
| 37.75 | 37.75 | 37.15 | 37.25 | 14,312 | |
11/14/2024 | 37.07 | 37.07 | 36.65 | 36.83 | 16,885 |
| 36.65 | 36.65 | 35.95 | 36.06 | 11,700 |
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WisdomTree Efficient Trading Date Momentum on November 14, 2024
| On November 15 2024 WisdomTree Efficient Gold was traded for 36.06 at the closing time. Highest WisdomTree Efficient's price during the trading hours was 36.65 and the lowest price during the day was 35.95 . The net volume was 11.7 K. The overall trading history on the 15th of November 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.09% . The trading price change to current price is 4.07% . |
WisdomTree Efficient Gold Fundamentals Correlations and Trends
By evaluating WisdomTree Efficient'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 Efficient'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 Efficient Etf history
WisdomTree Efficient 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 Efficient Gold 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 Efficient stock prices may prove useful in developing a viable investing in WisdomTree Efficient
WisdomTree Efficient Etf Technical Analysis
WisdomTree Efficient 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 Efficient Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
WisdomTree Efficient Gold cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Efficient November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Efficient 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 Efficient shares will generate the highest return on investment. By undertsting and applying WisdomTree Efficient etf market strength indicators, traders can identify WisdomTree Efficient Gold entry and exit signals to maximize returns
WisdomTree Efficient Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Efficient'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 | 0.0821 | |||
| Jensen Alpha | 0.0489 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0013 | |||
| Treynor Ratio | 0.1977 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Efficient Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of WisdomTree Efficient Gold 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 Efficient's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Efficient'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 Efficient's market value can be influenced by many factors that don't directly affect WisdomTree Efficient'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 Efficient's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Efficient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Efficient'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.