WisdomTree Carbon (Germany) Price on January 10, 2024

WCO2 Etf   22.77  0.43  1.92%   
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 Carbon stands at 22.77, as last reported on the 29th of December, with the highest price reaching 22.77 and the lowest price hitting 22.34 during the day. At this point, WisdomTree Carbon is very steady. WisdomTree Carbon shows Sharpe Ratio of 0.0599, which attests that the etf had a 0.0599% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Carbon, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Carbon's Mean Deviation of 1.69, market risk adjusted performance of 0.3412, and Downside Deviation of 1.69 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
  
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0599

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

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

WisdomTree Carbon Valuation on January 10, 2024

It is possible to determine the worth of WisdomTree Carbon on a given historical date. On January 10, 2024 WisdomTree was worth 23.06 at the beginning of the trading date compared to the closed value of 22.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Carbon etf. Still, in general, we apply an absolute valuation method to find WisdomTree Carbon'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 Carbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Carbon's related companies.
 Open High Low Close Volume
  22.74    23.10    22.74    22.97    1,495  
01/10/2024
  23.06    23.06    22.04    22.29    2,843  
  22.14    22.15    21.43    21.66    9,713  
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Open Value
23.06
22.29
Closing Value
29.32
Upside

WisdomTree Carbon Trading Date Momentum on January 10, 2024

On January 11 2024 WisdomTree Carbon was traded for  21.66  at the closing time. The highest price during the trading period was 22.15  and the lowest recorded bid was listed for  21.43 . The volume for the day was 9.7 K. This history from January 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.83% . The trading price change to the current price is 10.86% .

Price Boundaries

WisdomTree Carbon Period Price Range

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December 29, 2024
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High

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WisdomTree Carbon December 29, 2024 Market Strength

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

WisdomTree Carbon Technical and Predictive Indicators

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