Wisdomtree Multifactor Etf Price on March 7, 2024

USMF Etf  USD 51.49  0.27  0.52%   
Below is the normalized historical share price chart for WisdomTree Multifactor extending back to June 29, 2017. 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 Multifactor stands at 51.49, as last reported on the 17th of December 2024, with the highest price reaching 51.85 and the lowest price hitting 51.36 during the day.
3 y Volatility
15.89
200 Day MA
47.3205
1 y Volatility
11.3
50 Day MA
50.6587
Inception Date
2017-06-29
 
Covid
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. At this point, WisdomTree Multifactor is very steady. WisdomTree Multifactor 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 Multifactor, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Multifactor's Mean Deviation of 0.4995, market risk adjusted performance of 0.6354, and Downside Deviation of 0.5542 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
  
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1735

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Estimated Market Risk

 0.65
  actual daily
5
95% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average WisdomTree Multifactor 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 Multifactor by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
32.2 K

WisdomTree Multifactor Valuation on March 7, 2024

It is possible to determine the worth of WisdomTree Multifactor on a given historical date. On March 7, 2024 WisdomTree was worth 45.14 at the beginning of the trading date compared to the closed value of 45.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Multifactor etf. Still, in general, we apply an absolute valuation method to find WisdomTree Multifactor'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 Multifactor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Multifactor's related companies.
 Open High Low Close Volume
  44.90    45.02    44.80    44.91    9,945  
03/07/2024
  45.14    45.21    45.08    45.16    10,813  
  45.23    45.35    45.00    45.05    12,344  
Backtest WisdomTree Multifactor  |  WisdomTree Multifactor History  |  WisdomTree Multifactor Valuation   PreviousNext  
Open Value
45.14
45.16
Closing Value
47.10
Upside

WisdomTree Multifactor Trading Date Momentum on March 7, 2024

On March 08 2024 WisdomTree Multifactor was traded for  45.05  at the closing time. The top price for the day was 45.35  and the lowest listed price was  45.00 . The trading volume for the day was 12.3 K. The trading history from March 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.24% . The trading price change against the current closing price is 0.11% .

WisdomTree Multifactor Fundamentals Correlations and Trends

By evaluating WisdomTree Multifactor'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 Multifactor'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 Multifactor Etf history

WisdomTree Multifactor 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 Multifactor 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 Multifactor stock prices may prove useful in developing a viable investing in WisdomTree Multifactor
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 is traded on BATS Exchange in the United States.

WisdomTree Multifactor Etf Technical Analysis

WisdomTree Multifactor 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.
A focus of WisdomTree Multifactor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WisdomTree Multifactor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

WisdomTree Multifactor Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

WisdomTree Multifactor 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 Multifactor December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how WisdomTree Multifactor 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 Multifactor shares will generate the highest return on investment. By undertsting and applying WisdomTree Multifactor etf market strength indicators, traders can identify WisdomTree Multifactor entry and exit signals to maximize returns

WisdomTree Multifactor Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WisdomTree Multifactor'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.
When determining whether WisdomTree Multifactor is a strong investment it is important to analyze WisdomTree Multifactor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WisdomTree Multifactor's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in WisdomTree Multifactor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of WisdomTree Multifactor 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 Multifactor's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Multifactor'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 Multifactor's market value can be influenced by many factors that don't directly affect WisdomTree Multifactor'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 Multifactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Multifactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Multifactor'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.