Wisdomtree Corporate Bond Etf Price on February 26, 2024
| WFIG Etf | USD 43.70 0.10 0.23% |
Below is the normalized historical share price chart for WisdomTree Corporate Bond extending back to April 27, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of WisdomTree Corporate stands at 43.70, as last reported on the 12th of May 2024, with the highest price reaching 43.70 and the lowest price hitting 43.65 during the day.
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. WisdomTree Corporate Bond shows Sharpe Ratio of -0.0036, which attests that the etf had a -0.0036% return per unit of risk over the last 3 months. WisdomTree Corporate Bond exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WisdomTree Corporate's Mean Deviation of 0.254, market risk adjusted performance of (0.05), and Standard Deviation of 0.3347 to validate the risk estimate we provide.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.54 | 200 Day MA 43.3822 | 1 y Volatility 8.88 | 50 Day MA 43.8284 | Inception Date 2016-04-27 |
WisdomTree |
Sharpe Ratio = -0.0036
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| Negative Returns | WFIG |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WisdomTree Corporate is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of WisdomTree Corporate by adding WisdomTree Corporate to a well-diversified portfolio.
WisdomTree Corporate Valuation on February 26, 2024
It is possible to determine the worth of WisdomTree Corporate on a given historical date. On February 26, 2024 WisdomTree was worth 43.86 at the beginning of the trading date compared to the closed value of 43.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Corporate etf. Still, in general, we apply an absolute valuation method to find WisdomTree Corporate's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of WisdomTree Corporate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Corporate's related companies.
| Open | High | Low | Close | Volume | |
| 44.00 | 44.00 | 43.70 | 43.70 | 1.00 | |
02/26/2024 | 43.86 | 43.93 | 43.59 | 43.59 | 2,029 |
| 43.92 | 43.92 | 43.56 | 43.56 | 1,600 |
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WisdomTree Corporate Trading Date Momentum on February 26, 2024
| On February 27 2024 WisdomTree Corporate Bond was traded for 43.56 at the closing time. The top price for the day was 43.92 and the lowest listed price was 43.56 . The trading volume for the day was 1.6 K. The trading history from February 27, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.07% . The trading price change against the current closing price is 2.06% . |
WisdomTree Corporate Bond Fundamentals Correlations and Trends
By evaluating WisdomTree Corporate's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WisdomTree Corporate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WisdomTree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WisdomTree Corporate Etf history
WisdomTree Corporate investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for WisdomTree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WisdomTree Corporate Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing WisdomTree Corporate stock prices may prove useful in developing a viable investing in WisdomTree Corporate
Under normal circumstances, at least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree is traded on BATS Exchange in the United States.
WisdomTree Corporate Etf Technical Analysis
WisdomTree Corporate 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.
Price Boundaries
WisdomTree Corporate Period Price Range
Low | February 26, 2024
| High |
43.86 | 43.59 |
WisdomTree Corporate May 12, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Corporate etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WisdomTree Corporate shares will generate the highest return on investment. By undertsting and applying WisdomTree Corporate etf market strength indicators, traders can identify WisdomTree Corporate Bond entry and exit signals to maximize returns
WisdomTree Corporate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Corporate's price direction in advance. Along with the technical and fundamental analysis of WisdomTree Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of WisdomTree to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.06) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree Corporate Bond. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of WisdomTree Corporate Bond 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 Corporate's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Corporate'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 Corporate's market value can be influenced by many factors that don't directly affect WisdomTree Corporate'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 Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Corporate'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.