WisdomTree Battery (Germany) Price on July 16, 2024

WATT Etf   15.99  0.07  0.44%   
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 Battery stands at 15.99, as last reported on the 20th of December, with the highest price reaching 16.09 and the lowest price hitting 15.93 during the day. At this point, WisdomTree Battery is very steady. WisdomTree Battery Metals shows Sharpe Ratio of 0.0621, which attests that the etf had a 0.0621% return per unit of risk over the last 3 months. We have found thirty technical indicators for WisdomTree Battery Metals, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Battery's Market Risk Adjusted Performance of 0.2036, mean deviation of 0.7361, and Downside Deviation of 0.9055 to validate if the risk estimate we provide is consistent with the expected return of 0.0594%.
  
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0621

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Estimated Market Risk

 0.96
  actual daily
8
92% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average WisdomTree Battery 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 Battery by adding it to a well-diversified portfolio.

WisdomTree Battery Valuation on July 16, 2024

It is possible to determine the worth of WisdomTree Battery on a given historical date. On July 16, 2024 WisdomTree was worth 16.12 at the beginning of the trading date compared to the closed value of 15.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Battery etf. Still, in general, we apply an absolute valuation method to find WisdomTree Battery'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 Battery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Battery's related companies.
 Open High Low Close Volume
  16.24    16.26    16.11    16.15    120.00  
07/16/2024
  16.12    16.12    15.91    15.91    1.00  
  15.83    15.96    15.73    15.73    55.00  
Backtest WisdomTree Battery  |  WisdomTree Battery History  PreviousNext  
Open Value
16.12
15.91
Closing Value
18.99
Upside

WisdomTree Battery Trading Date Momentum on July 16, 2024

On July 17 2024 WisdomTree Battery Metals was traded for  15.73  at the closing time. The highest price during the trading period was 15.96  and the lowest recorded bid was listed for  15.73 . The volume for the day was 55.0. This history from July 17, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.13% . The trading price change to the current price is 5.85% .

Price Boundaries

WisdomTree Battery Period Price Range

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December 20, 2024
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WisdomTree Battery Metals cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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 Battery December 20, 2024 Market Strength

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

WisdomTree Battery Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WisdomTree Battery'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.