Wisdomtree Digital Trust Etf Market Value

SPXUX Etf   14.72  0.32  2.22%   
Wisdomtree Digital's market value is the price at which a share of Wisdomtree Digital trades on a public exchange. It measures the collective expectations of Wisdomtree Digital Trust investors about its performance. Wisdomtree Digital is trading at 14.72 as of the 15th of March 2025; that is 2.22 percent increase since the beginning of the trading day. The etf's open price was 14.4.
With this module, you can estimate the performance of a buy and hold strategy of Wisdomtree Digital Trust and determine expected loss or profit from investing in Wisdomtree Digital over a given investment horizon. Check out Wisdomtree Digital Correlation, Wisdomtree Digital Volatility and Wisdomtree Digital Alpha and Beta module to complement your research on Wisdomtree Digital.
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The market value of Wisdomtree Digital Trust 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Wisdomtree Digital'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 Digital's market value can be influenced by many factors that don't directly affect Wisdomtree Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wisdomtree Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wisdomtree Digital'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.

Wisdomtree Digital '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 Digital'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 Digital.
0.00
12/15/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/15/2025
0.00
If you would invest  0.00  in Wisdomtree Digital on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Wisdomtree Digital Trust or generate 0.0% return on investment in Wisdomtree Digital over 90 days. Wisdomtree Digital is related to or competes with Wisdomtree Digital. The fund is designed to track the performance of the WisdomTree 500 Index through the use of a representative sampling s... More

Wisdomtree Digital 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 Digital'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 Digital Trust upside and downside potential and time the market with a certain degree of confidence.

Wisdomtree Digital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wisdomtree Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wisdomtree Digital's standard deviation. In reality, there are many statistical measures that can use Wisdomtree Digital historical prices to predict the future Wisdomtree Digital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wisdomtree Digital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.6614.7215.78
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Intrinsic
Valuation
LowRealHigh
13.8014.8615.92
Details

Wisdomtree Digital Trust Backtested Returns

Wisdomtree Digital Trust shows Sharpe Ratio of -0.11, which attests that the etf had a -0.11 % return per unit of risk over the last 3 months. Wisdomtree Digital Trust exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wisdomtree Digital's Market Risk Adjusted Performance of (0.80), mean deviation of 0.8202, and Standard Deviation of 1.06 to validate the risk estimate we provide. The entity maintains a market beta of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wisdomtree Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wisdomtree Digital is expected to be smaller as well.

Auto-correlation

    
  -0.52  

Good reverse predictability

Wisdomtree Digital Trust has good reverse predictability. Overlapping area represents the amount of predictability between Wisdomtree Digital time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Digital Trust price movement. The serial correlation of -0.52 indicates that about 52.0% of current Wisdomtree Digital price fluctuation can be explain by its past prices.
Correlation Coefficient-0.52
Spearman Rank Test-0.08
Residual Average0.0
Price Variance0.18

Wisdomtree Digital Trust lagged returns against current returns

Autocorrelation, which is Wisdomtree Digital 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 Digital's etf expected returns. We can calculate the autocorrelation of Wisdomtree Digital returns to help us make a trade decision. For example, suppose you find that Wisdomtree Digital 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 Digital 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 Digital etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wisdomtree Digital etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wisdomtree Digital etf over time.
   Current vs Lagged Prices   
       Timeline  

Wisdomtree Digital Lagged Returns

When evaluating Wisdomtree Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wisdomtree Digital etf have on its future price. Wisdomtree Digital 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 Digital autocorrelation shows the relationship between Wisdomtree Digital etf current value and its past values and can show if there is a momentum factor associated with investing in Wisdomtree Digital Trust.
   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 Digital 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 Digital security.