Wisdomtree Biorevolution Etf Price on May 10, 2024
| WDNA Etf | USD 16.03 0.27 1.71% |
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 BioRevolution stands at 16.03, as last reported on the 28th of November, with the highest price reaching 16.03 and the lowest price hitting 15.94 during the day. WisdomTree BioRevolution shows Sharpe Ratio of -0.0616, which attests that the etf had a -0.0616% return per unit of risk over the last 3 months. WisdomTree BioRevolution exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WisdomTree BioRevolution's Mean Deviation of 0.9316, standard deviation of 1.24, and Market Risk Adjusted Performance of (0.08) 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.
WisdomTree |
Sharpe Ratio = -0.0616
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| Negative Returns | WDNA |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WisdomTree BioRevolution 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 BioRevolution by adding WisdomTree BioRevolution to a well-diversified portfolio.
WisdomTree BioRevolution Valuation on May 10, 2024
It is possible to determine the worth of WisdomTree BioRevolution on a given historical date. On May 10, 2024 WisdomTree was worth 16.25 at the beginning of the trading date compared to the closed value of 16.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree BioRevolution etf. Still, in general, we apply an absolute valuation method to find WisdomTree BioRevolution'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 BioRevolution where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree BioRevolution's related companies.
| Open | High | Low | Close | Volume | |
| 16.25 | 16.25 | 16.25 | 16.25 | 100.00 | |
05/10/2024 | 16.25 | 16.25 | 16.07 | 16.09 | 500.00 |
| 16.38 | 16.38 | 16.29 | 16.29 | 293.00 |
| Backtest WisdomTree BioRevolution | | | WisdomTree BioRevolution History | | | WisdomTree BioRevolution Valuation | Previous | Next |
WisdomTree BioRevolution Trading Date Momentum on May 10, 2024
| On May 13 2024 WisdomTree BioRevolution was traded for 16.29 at the closing time. The top price for the day was 16.38 and the lowest listed price was 16.29 . The trading volume for the day was 293. The trading history from May 13, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 1.24% . The trading price change against the current closing price is 2.11% . |
WisdomTree BioRevolution Fundamentals Correlations and Trends
By evaluating WisdomTree BioRevolution'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 BioRevolution'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 BioRevolution Etf history
WisdomTree BioRevolution 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 BioRevolution 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 BioRevolution stock prices may prove useful in developing a viable investing in WisdomTree BioRevolution
The fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. Wisdomtree Biorevolution is traded on BATS Exchange in the United States.
WisdomTree BioRevolution Etf Technical Analysis
WisdomTree BioRevolution 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 BioRevolution Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
WisdomTree BioRevolution 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 BioRevolution November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree BioRevolution 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 BioRevolution shares will generate the highest return on investment. By undertsting and applying WisdomTree BioRevolution etf market strength indicators, traders can identify WisdomTree BioRevolution entry and exit signals to maximize returns
WisdomTree BioRevolution Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree BioRevolution'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 | (0.04) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.09) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree BioRevolution. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of WisdomTree BioRevolution 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 BioRevolution's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree BioRevolution'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 BioRevolution's market value can be influenced by many factors that don't directly affect WisdomTree BioRevolution'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 BioRevolution's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree BioRevolution is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree BioRevolution'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.