WisdomTree Carbon (Germany) Price on December 18, 2024
WCO2 Etf | 22.77 0.43 1.92% |
If you're considering investing in WisdomTree Etf, it is important to understand the factors that can impact its price. As of today, the current price of WisdomTree Carbon stands at 22.77, as last reported on the 29th of December, with the highest price reaching 22.77 and the lowest price hitting 22.34 during the day. At this point, WisdomTree Carbon is very steady. WisdomTree Carbon shows Sharpe Ratio of 0.0599, which attests that the etf had a 0.0599% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WisdomTree Carbon, which you can use to evaluate the volatility of the etf. Please check out WisdomTree Carbon's Market Risk Adjusted Performance of 0.3412, downside deviation of 1.69, and Mean Deviation of 1.69 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
WisdomTree Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
WisdomTree |
Sharpe Ratio = 0.0599
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Cash | Small Risk | WCO2 | High Risk | Huge Risk |
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Estimated Market Risk
2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average WisdomTree Carbon is performing at about 4% of its full potential. 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 Carbon by adding it to a well-diversified portfolio.
WisdomTree Carbon Valuation on December 18, 2024
It is possible to determine the worth of WisdomTree Carbon on a given historical date. On December 18, 2024 WisdomTree was worth 20.41 at the beginning of the trading date compared to the closed value of 20.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WisdomTree Carbon etf. Still, in general, we apply an absolute valuation method to find WisdomTree Carbon'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 Carbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WisdomTree Carbon's related companies.
Open | High | Low | Close | Volume | |
20.69 | 20.88 | 20.40 | 20.41 | 2,681 | |
12/18/2024 | 20.41 | 20.81 | 20.41 | 20.60 | 7,493 |
20.69 | 21.59 | 20.58 | 21.59 | 1,627 |
Backtest WisdomTree Carbon | | | WisdomTree Carbon History | Previous | Next |
WisdomTree Carbon Trading Date Momentum on December 18, 2024
On December 19 2024 WisdomTree Carbon was traded for 21.59 at the closing time. The highest price during the trading period was 21.59 and the lowest recorded bid was listed for 20.58 . The volume for the day was 1.6 K. This history from December 19, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 4.81% . The trading price change to the current price is 8.45% . |
Price Boundaries
WisdomTree Carbon Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
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WisdomTree Carbon December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how WisdomTree Carbon 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 Carbon shares will generate the highest return on investment. By undertsting and applying WisdomTree Carbon etf market strength indicators, traders can identify WisdomTree Carbon entry and exit signals to maximize returns
WisdomTree Carbon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WisdomTree Carbon'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.