WisdomTree Chinese Yuan maintains Market Risk Adjusted Performance
of 0.5033, Mean Deviation
of 0.1389 and Downside Deviation
of 0.1647. WisdomTree Chinese Yuan 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 is indeed will mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers
for WisdomTree Chinese Yuan which can be compared to its rivals. Please check out WisdomTree Chinese Yuan Variance
, Maximum Drawdown
as well as the relationship
between Maximum Drawdown and Semi Variance
to decide if WisdomTree Chinese Yuan is priced fairly providing market reflects its latest price of 26.01 per share. Use WisdomTree Chinese Yuan technical analysis together with your etf portfolios to protect against small markets fluctuations and to determine ETF optimization strategy that fits your criteria.
Use this graph to draw trend lines for WisdomTree Chinese Yuan. You can use it to identify possible trend reversals for WisdomTree 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
WisdomTree Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WisdomTree Chinese Yuan applied against its price change over selected period. The best fit line has a slop of 0.0012 %
which may imply that the returns on investment in WisdomTree Chinese Yuan will continue to fail. It has 42 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted WisdomTree price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||WisdomTree || |
WisdomTree has a best fit line with a correlation coefficient of -0.24. and coefficient of determination of 0.06. Note, that the company had not issued any dividends in recent years.