Wisdomtree Europe Hedged Etf Technical Analysis
| EHE-B Etf | CAD 30.86 0.25 0.80% |
As of the 19th of April, WisdomTree Europe maintains the Mean Deviation of 0.3455, market risk adjusted performance of (2.52), and Standard Deviation of 0.9133. WisdomTree Europe Hedged 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 have analyzed twelve technical drivers for WisdomTree Europe Hedged, which can be compared to its peers. Please check out WisdomTree Europe Hedged standard deviation, total risk alpha, and the relationship between the coefficient of variation and variance to decide if WisdomTree Europe Hedged is priced fairly, providing market reflects its latest price of 30.86 per share.
WisdomTree Europe 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 Europe 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 Europe Hedged Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Europe Hedged volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WisdomTree Europe Hedged Trend Analysis
Use this graph to draw trend lines for WisdomTree Europe Hedged. You can use it to identify possible trend reversals for WisdomTree Europe 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 Europe price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WisdomTree Europe Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WisdomTree Europe Hedged applied against its price change over selected period. The best fit line has a slop of 0.06 , which means WisdomTree Europe Hedged will continue generating value for investors. It has 122 observation points and a regression sum of squares at 157.97, which is the sum of squared deviations for the predicted WisdomTree Europe price change compared to its average price change.About WisdomTree Europe 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 Europe Hedged 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 Europe Hedged based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WisdomTree Europe Hedged price pattern first instead of the macroeconomic environment surrounding WisdomTree Europe Hedged. By analyzing WisdomTree Europe'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 Europe'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 Europe specific price patterns or momentum indicators. Please read more on our technical analysis page.
WisdomTree Europe 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 | 0.1277 | |||
| Market Risk Adjusted Performance | (2.52) | |||
| Mean Deviation | 0.3455 | |||
| Coefficient Of Variation | 496.6 | |||
| Standard Deviation | 0.9133 | |||
| Variance | 0.8341 | |||
| Information Ratio | 0.1263 | |||
| Jensen Alpha | 0.1779 | |||
| Total Risk Alpha | 0.0873 | |||
| Treynor Ratio | (2.53) | |||
| Maximum Drawdown | 6.67 | |||
| Potential Upside | 0.859 | |||
| Skewness | 6.01 | |||
| Kurtosis | 38.77 |
WisdomTree Europe April 19, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as WisdomTree stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 30.86 | ||
| Day Typical Price | 30.86 | ||
| Price Action Indicator | (0.12) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Europe Hedged. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the WisdomTree Europe Hedged information on this page should be used as a complementary analysis to other WisdomTree Europe'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.