Wisdomtree Mortgage Plus Etf Price on November 29, 2024
| MTGP Etf | USD 44.07 0.05 0.11% |
Below is the normalized historical share price chart for WisdomTree Mortgage Plus extending back to November 14, 2019. 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 Mortgage stands at 44.07, as last reported on the 11th of December 2024, with the highest price reaching 44.30 and the lowest price hitting 43.99 during the day.
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. WisdomTree Mortgage Plus shows Sharpe Ratio of -0.0687, which attests that the etf had a -0.0687% return per unit of risk over the last 3 months. WisdomTree Mortgage Plus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WisdomTree Mortgage's Standard Deviation of 0.3862, market risk adjusted performance of (0.70), and Mean Deviation of 0.2667 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.
3 y Volatility 7.4 | 200 Day MA 43.7638 | 1 y Volatility 6.83 | 50 Day MA 44.1372 | Inception Date 2019-11-12 |
WisdomTree |
Sharpe Ratio = -0.0687
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MTGP |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 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 Mortgage 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 Mortgage by adding WisdomTree Mortgage to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
WisdomTree Mortgage Valuation on November 29, 2024
It is possible to determine the worth of WisdomTree Mortgage on a given historical date. On November 29, 2024 WisdomTree was worth 44.1 at the beginning of the trading date compared to the closed value of 44.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Mortgage etf. Still, in general, we apply an absolute valuation method to find WisdomTree Mortgage'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 Mortgage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Mortgage's related companies.
| Open | High | Low | Close | Volume | |
| 43.92 | 44.01 | 43.92 | 43.97 | 2,655 | |
11/29/2024 | 44.10 | 44.11 | 44.10 | 44.11 | 663.00 |
| 43.66 | 44.37 | 43.66 | 44.05 | 5,200 |
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WisdomTree Mortgage Trading Date Momentum on November 29, 2024
| On December 02 2024 WisdomTree Mortgage Plus was traded for 44.05 at the closing time. The top price for the day was 44.37 and the lowest listed price was 43.66 . The trading volume for the day was 5.2 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.14% . The trading price change against the current closing price is 0.32% . |
WisdomTree Mortgage Plus Fundamentals Correlations and Trends
By evaluating WisdomTree Mortgage'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 Mortgage'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 Mortgage Etf history
WisdomTree Mortgage 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 Mortgage Plus 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 Mortgage stock prices may prove useful in developing a viable investing in WisdomTree Mortgage
The fund, an actively managed ETF, utilizes an investment process combining both macro and fundamental research by investing, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings, in mortgage-related debt and other securitized debt. Wisdomtree Mortgage is traded on NYSEARCA Exchange in the United States.
WisdomTree Mortgage Etf Technical Analysis
WisdomTree Mortgage 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 Mortgage Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
WisdomTree Mortgage Plus 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 Mortgage December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Mortgage 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 Mortgage shares will generate the highest return on investment. By undertsting and applying WisdomTree Mortgage etf market strength indicators, traders can identify WisdomTree Mortgage Plus entry and exit signals to maximize returns
WisdomTree Mortgage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Mortgage'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 | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.71) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Mortgage Plus. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of WisdomTree Mortgage Plus 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect WisdomTree Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Mortgage'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.