WisdomTree Silver (UK) Market Value
| 3LSI Etf | 4,514 174.50 4.02% |
| Symbol | WisdomTree |
WisdomTree Silver 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to WisdomTree Silver's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of WisdomTree Silver.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in WisdomTree Silver on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding WisdomTree Silver 3x or generate 0.0% return on investment in WisdomTree Silver over 720 days. WisdomTree Silver is related to or competes with WisdomTree Natural, WisdomTree Natural, Leverage Shares, Leverage Shares, WisdomTree Cocoa, and WisdomTree. WisdomTree Silver is entity of United Kingdom More
WisdomTree Silver Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure WisdomTree Silver's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess WisdomTree Silver 3x upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.13 | |||
| Information Ratio | 0.0339 | |||
| Maximum Drawdown | 25.7 | |||
| Value At Risk | (9.61) | |||
| Potential Upside | 9.27 |
WisdomTree Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Silver's standard deviation. In reality, there are many statistical measures that can use WisdomTree Silver historical prices to predict the future WisdomTree Silver's volatility.| Risk Adjusted Performance | 0.0521 | |||
| Jensen Alpha | 0.3857 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0298 | |||
| Treynor Ratio | (0.38) |
WisdomTree Silver Backtested Returns
WisdomTree Silver appears to be very steady, given 3 months investment horizon. WisdomTree Silver shows Sharpe Ratio of 0.0813, which attests that the etf had a 0.0813% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Silver, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree Silver's Downside Deviation of 6.13, mean deviation of 4.15, and Market Risk Adjusted Performance of (0.37) to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.78, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WisdomTree Silver are expected to decrease at a much lower rate. During the bear market, WisdomTree Silver is likely to outperform the market.
Auto-correlation | -0.17 |
Insignificant reverse predictability
WisdomTree Silver 3x has insignificant reverse predictability. Overlapping area represents the amount of predictability between WisdomTree Silver time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WisdomTree Silver price movement. The serial correlation of -0.17 indicates that over 17.0% of current WisdomTree Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 M |
WisdomTree Silver lagged returns against current returns
Autocorrelation, which is WisdomTree Silver etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting WisdomTree Silver's etf expected returns. We can calculate the autocorrelation of WisdomTree Silver returns to help us make a trade decision. For example, suppose you find that WisdomTree Silver has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
WisdomTree Silver regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If WisdomTree Silver etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Silver etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Silver etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Silver Lagged Returns
When evaluating WisdomTree Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Silver etf have on its future price. WisdomTree Silver autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, WisdomTree Silver autocorrelation shows the relationship between WisdomTree Silver etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Silver 3x.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in WisdomTree Etf
WisdomTree Silver financial ratios help investors to determine whether WisdomTree Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WisdomTree with respect to the benefits of owning WisdomTree Silver security.