Wisdomtree Etf Technical Analysis
| GSD Etf | USD 11.11 0.00 0.00% |
As of the 19th of April, WisdomTree maintains the Standard Deviation of 0.3059, mean deviation of 0.1243, and Market Risk Adjusted Performance of 1.86. WisdomTree 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 are able to interpolate and collect thirteen technical drivers for WisdomTree, which can be compared to its peers. Please check out WisdomTree market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if WisdomTree is priced fairly, providing market reflects its latest price of 11.11 per share.
WisdomTree 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 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 Technical Analysis
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WisdomTree Trend Analysis
Use this graph to draw trend lines for WisdomTree. 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 applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that WisdomTree will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.42, which is the sum of squared deviations for the predicted WisdomTree price change compared to its average price change.About WisdomTree 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 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 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WisdomTree price pattern first instead of the macroeconomic environment surrounding WisdomTree. By analyzing WisdomTree'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'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 specific price patterns or momentum indicators. Please read more on our technical analysis page.
WisdomTree 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 | (0.01) | |||
| Market Risk Adjusted Performance | 1.86 | |||
| Mean Deviation | 0.1243 | |||
| Coefficient Of Variation | (33,918) | |||
| Standard Deviation | 0.3059 | |||
| Variance | 0.0936 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 1.85 | |||
| Maximum Drawdown | 2.14 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.543 | |||
| Skewness | (0.72) | |||
| Kurtosis | 6.75 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of WisdomTree 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's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree'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's market value can be influenced by many factors that don't directly affect WisdomTree'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree'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.