WisdomTree EURO (UK) Market Value
| 3BAL Etf | 2,660 6.50 0.24% |
| Symbol | WisdomTree |
WisdomTree EURO 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to WisdomTree EURO's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of WisdomTree EURO.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in WisdomTree EURO on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding WisdomTree EURO STOXX or generate 0.0% return on investment in WisdomTree EURO over 90 days. WisdomTree EURO is related to or competes with WisdomTree Zinc, WisdomTree Brent, WisdomTree Aluminium, WisdomTree Enhanced, WisdomTree Gold, WisdomTree WTI, and WisdomTree Issuer. WisdomTree EURO is entity of United Kingdom More
WisdomTree EURO Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure WisdomTree EURO's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess WisdomTree EURO STOXX upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.89 | |||
| Information Ratio | 0.2167 | |||
| Maximum Drawdown | 16.77 | |||
| Value At Risk | (6.00) | |||
| Potential Upside | 8.02 |
WisdomTree EURO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree EURO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree EURO's standard deviation. In reality, there are many statistical measures that can use WisdomTree EURO historical prices to predict the future WisdomTree EURO's volatility.| Risk Adjusted Performance | 0.2428 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.4391 | |||
| Sortino Ratio | 0.2237 | |||
| Treynor Ratio | (4.76) |
WisdomTree EURO STOXX Backtested Returns
WisdomTree EURO appears to be very steady, given 3 months investment horizon. WisdomTree EURO STOXX shows Sharpe Ratio of 0.2, which attests that the etf had a 0.2 % return per unit of risk over the last 3 months. By examining WisdomTree EURO's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please utilize WisdomTree EURO's Downside Deviation of 3.89, market risk adjusted performance of (4.75), and Mean Deviation of 3.24 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WisdomTree EURO are expected to decrease at a much lower rate. During the bear market, WisdomTree EURO is likely to outperform the market.
Auto-correlation | 0.39 |
Below average predictability
WisdomTree EURO STOXX has below average predictability. Overlapping area represents the amount of predictability between WisdomTree EURO time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WisdomTree EURO STOXX price movement. The serial correlation of 0.39 indicates that just about 39.0% of current WisdomTree EURO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 16.5 K |
WisdomTree EURO STOXX lagged returns against current returns
Autocorrelation, which is WisdomTree EURO etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting WisdomTree EURO's etf expected returns. We can calculate the autocorrelation of WisdomTree EURO returns to help us make a trade decision. For example, suppose you find that WisdomTree EURO has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
WisdomTree EURO regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If WisdomTree EURO etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree EURO etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree EURO etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree EURO Lagged Returns
When evaluating WisdomTree EURO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree EURO etf have on its future price. WisdomTree EURO autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, WisdomTree EURO autocorrelation shows the relationship between WisdomTree EURO etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree EURO STOXX.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in WisdomTree Etf
WisdomTree EURO financial ratios help investors to determine whether WisdomTree Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WisdomTree with respect to the benefits of owning WisdomTree EURO security.