WisdomTree Asia Technical Analysis

    WisdomTree Asia Local Debt ETF -- USA Etf  

    USD 46.39  0.14  0.3%

    WisdomTree Asia Local Debt ETF maintains Market Risk Adjusted Performance of 0.2866, Mean Deviation of 0.2007 and Coefficient Of Variation of 400.0. WisdomTree Asia Local technical analysis makes it possible for you to employ past prices and volume data with intention to determine a pattern that calculates the direction of the etf future prices. Specifically you can use this information to find out if the etf will indeed mirror its model of past data patterns or the prices will eventually revert. We found eighteen technical drivers for WisdomTree Asia Local which can be compared to its rivals. Please check out WisdomTree Asia Local Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if WisdomTree Asia Local is priced fairly providing market reflects its latest price of 46.39 per share.
     Time Horizon     30 Days    Login   to change

    WisdomTree Asia Local Technical Analysis

    Time Period
      Portfolio Optimization    
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    The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WisdomTree Asia Local volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

    WisdomTree Asia Local Trend Analysis

    Use this graph to draw trend lines for WisdomTree Asia Local Debt ETF. You can use it to identify possible trend reversals for WisdomTree Asia as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual WisdomTree Asia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

    WisdomTree Asia Best Fit Change Line

    The following chart estimates an ordinary least squares regression model for WisdomTree Asia Local Debt ETF applied against its price change over selected period. The best fit line has a slop of 0.061602 % which may imply that WisdomTree Asia Local Debt ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 3.1, which is the sum of squared deviations for the predicted WisdomTree Asia price change compared to its average price change.

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    WisdomTree Asia Local Debt ETF is rated below average in mean deviation as compared to similar ETFs. It is rated below average in standard deviation as compared to similar ETFs creating about  1.51  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for WisdomTree Asia Local Debt ETF is roughly  1.51 

    One Year Return

    WisdomTree Asia Local One Year Return
    Based on recorded statements WisdomTree Asia Local Debt ETF has One Year Return of 9.13%. This is 1070.51% higher than that of the WisdomTree family, and 426.07% lower than that of Emerging-Markets Local-Currency Bond category, The One Year Return for all etfs is 830.4% lower than the firm.
      Year Return 
          WisdomTree Asia Comparables 
    Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.