WisdomTree Issuer (UK) Market Value
| DGRG Etf | 3,875 9.00 0.23% |
| Symbol | WisdomTree |
WisdomTree Issuer '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 Issuer'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 Issuer.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in WisdomTree Issuer on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding WisdomTree Issuer ICAV or generate 0.0% return on investment in WisdomTree Issuer over 30 days. WisdomTree Issuer is related to or competes with SP 500, WisdomTree Natural, WisdomTree Natural, WisdomTree Silver, Leverage Shares, WisdomTree Natural, and WisdomTree. WisdomTree Issuer is entity of United Kingdom More
WisdomTree Issuer 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 Issuer'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 Issuer ICAV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4309 | |||
| Information Ratio | 0.0352 | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 1.27 |
WisdomTree Issuer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Issuer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Issuer's standard deviation. In reality, there are many statistical measures that can use WisdomTree Issuer historical prices to predict the future WisdomTree Issuer's volatility.| Risk Adjusted Performance | 0.1613 | |||
| Jensen Alpha | 0.1086 | |||
| Total Risk Alpha | 0.0335 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | 0.5431 |
WisdomTree Issuer ICAV Backtested Returns
Currently, WisdomTree Issuer ICAV is very steady. WisdomTree Issuer ICAV shows Sharpe Ratio of 0.18, which attests that the etf had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Issuer ICAV, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Issuer's Mean Deviation of 0.4676, coefficient of variation of 444.97, and Market Risk Adjusted Performance of 0.5531 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The entity maintains a market beta of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree Issuer's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Issuer is expected to be smaller as well.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
WisdomTree Issuer ICAV has almost perfect reverse predictability. Overlapping area represents the amount of predictability between WisdomTree Issuer time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Issuer ICAV price movement. The serial correlation of -0.71 indicates that around 71.0% of current WisdomTree Issuer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 462.55 |
WisdomTree Issuer ICAV lagged returns against current returns
Autocorrelation, which is WisdomTree Issuer 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 Issuer's etf expected returns. We can calculate the autocorrelation of WisdomTree Issuer returns to help us make a trade decision. For example, suppose you find that WisdomTree Issuer 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 Issuer 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 Issuer etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Issuer etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Issuer etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Issuer Lagged Returns
When evaluating WisdomTree Issuer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Issuer etf have on its future price. WisdomTree Issuer 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 Issuer autocorrelation shows the relationship between WisdomTree Issuer etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Issuer ICAV.
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 Issuer 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 Issuer security.