Wisdomtree Japan Smallcap Etf Technical Analysis
| DFJ Etf | USD 74.57 0.29 0.39% |
As of the 19th of April, WisdomTree Japan maintains the Downside Deviation of 0.9335, mean deviation of 0.6713, and Market Risk Adjusted Performance of 0.0367. WisdomTree Japan SmallCap technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the etf's 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 were able to analyze and collect data for nineteen technical drivers for WisdomTree Japan SmallCap, which can be compared to its peers. Please check out WisdomTree Japan SmallCap treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if WisdomTree Japan SmallCap is priced fairly, providing market reflects its latest price of 74.57 per share.
WisdomTree Japan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WisdomTree, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WisdomTreeWisdomTree |
WisdomTree Japan technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
WisdomTree Japan SmallCap Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Japan SmallCap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WisdomTree Japan SmallCap Trend Analysis
Use this graph to draw trend lines for WisdomTree Japan SmallCap. You can use it to identify possible trend reversals for WisdomTree Japan 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 Japan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WisdomTree Japan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WisdomTree Japan SmallCap applied against its price change over selected period. The best fit line has a slop of 0.06 , which may imply that WisdomTree Japan SmallCap will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 116.72, which is the sum of squared deviations for the predicted WisdomTree Japan price change compared to its average price change.About WisdomTree Japan Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of WisdomTree Japan SmallCap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of WisdomTree Japan SmallCap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WisdomTree Japan SmallCap price pattern first instead of the macroeconomic environment surrounding WisdomTree Japan SmallCap. By analyzing WisdomTree Japan's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of WisdomTree Japan's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to WisdomTree Japan specific price patterns or momentum indicators. Please read more on our technical analysis page.
WisdomTree Japan April 19, 2024 Technical Indicators
Most technical analysis of WisdomTree help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WisdomTree from various momentum indicators to cycle indicators. When you analyze WisdomTree charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0223 | |||
| Market Risk Adjusted Performance | 0.0367 | |||
| Mean Deviation | 0.6713 | |||
| Semi Deviation | 0.87 | |||
| Downside Deviation | 0.9335 | |||
| Coefficient Of Variation | 3140.22 | |||
| Standard Deviation | 0.8344 | |||
| Variance | 0.6962 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0267 | |||
| Maximum Drawdown | 4.15 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.29 | |||
| Downside Variance | 0.8714 | |||
| Semi Variance | 0.7568 | |||
| Expected Short fall | (0.64) | |||
| Skewness | (0.29) | |||
| Kurtosis | (0.10) |
WisdomTree Japan SmallCap One Year Return
Based on the recorded statements, WisdomTree Japan SmallCap has an One Year Return of 14.9%. This is much higher than that of the WisdomTree family and significantly higher than that of the Japan Stock category. The one year return for all United States etfs is notably lower than that of the firm.
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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Japan SmallCap. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the WisdomTree Japan SmallCap information on this page should be used as a complementary analysis to other WisdomTree Japan's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of WisdomTree Japan SmallCap 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 Japan's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Japan'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 Japan's market value can be influenced by many factors that don't directly affect WisdomTree Japan'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 Japan's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Japan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Japan'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.