WisdomTree Artificial (Germany) Market Value
| WTI2 Etf | EUR 67.37 1.80 2.60% |
| Symbol | WisdomTree |
WisdomTree Artificial '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 Artificial'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 Artificial.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in WisdomTree Artificial on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding WisdomTree Artificial Intelligence or generate 0.0% return on investment in WisdomTree Artificial over 60 days. The WisdomTree Artificial Intelligence UCITS ETF seeks to track the price and yield performance, before fees and expense... More
WisdomTree Artificial 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 Artificial'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 Artificial Intelligence upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1616 | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.78 |
WisdomTree Artificial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Artificial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Artificial's standard deviation. In reality, there are many statistical measures that can use WisdomTree Artificial historical prices to predict the future WisdomTree Artificial's volatility.| Risk Adjusted Performance | 0.1474 | |||
| Jensen Alpha | 0.2738 | |||
| Total Risk Alpha | 0.2446 | |||
| Sortino Ratio | 0.1731 | |||
| Treynor Ratio | (0.67) |
WisdomTree Artificial Backtested Returns
WisdomTree Artificial appears to be very steady, given 3 months investment horizon. WisdomTree Artificial 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 Artificial, which you can use to evaluate the volatility of the etf. Please utilize WisdomTree Artificial's Mean Deviation of 1.18, market risk adjusted performance of (0.66), and Downside Deviation of 1.48 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WisdomTree Artificial are expected to decrease at a much lower rate. During the bear market, WisdomTree Artificial is likely to outperform the market.
Auto-correlation | 0.05 |
Virtually no predictability
WisdomTree Artificial Intelligence has virtually no predictability. Overlapping area represents the amount of predictability between WisdomTree Artificial time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Artificial price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current WisdomTree Artificial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 1.15 |
WisdomTree Artificial lagged returns against current returns
Autocorrelation, which is WisdomTree Artificial 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 Artificial's etf expected returns. We can calculate the autocorrelation of WisdomTree Artificial returns to help us make a trade decision. For example, suppose you find that WisdomTree Artificial 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 |
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WisdomTree Artificial 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 Artificial etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Artificial etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Artificial etf over time.
Current vs Lagged Prices |
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WisdomTree Artificial Lagged Returns
When evaluating WisdomTree Artificial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Artificial etf have on its future price. WisdomTree Artificial 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 Artificial autocorrelation shows the relationship between WisdomTree Artificial etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Artificial Intelligence.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in WisdomTree Etf
WisdomTree Artificial 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 Artificial security.