WisdomTree Wheat (France) Market Value
| WEATP Etf | EUR 16.68 0.30 1.83% |
| Symbol | WisdomTree |
WisdomTree Wheat '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 Wheat'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 Wheat.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in WisdomTree Wheat on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding WisdomTree Wheat EUR or generate 0.0% return on investment in WisdomTree Wheat over 90 days. WisdomTree Wheat is related to or competes with WisdomTree Gold, WisdomTree Natural, and WisdomTree Copper. More
WisdomTree Wheat 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 Wheat'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 Wheat EUR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.65 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.63 |
WisdomTree Wheat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WisdomTree Wheat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WisdomTree Wheat's standard deviation. In reality, there are many statistical measures that can use WisdomTree Wheat historical prices to predict the future WisdomTree Wheat's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.47) |
WisdomTree Wheat EUR Backtested Returns
WisdomTree Wheat EUR shows Sharpe Ratio of -0.0358, which attests that the etf had a -0.0358 % return per unit of risk over the last 3 months. WisdomTree Wheat EUR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WisdomTree Wheat's Mean Deviation of 1.21, market risk adjusted performance of (0.46), and Standard Deviation of 1.62 to validate the risk estimate we provide. The entity maintains a market beta of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WisdomTree Wheat's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Wheat is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
WisdomTree Wheat EUR has very weak reverse predictability. Overlapping area represents the amount of predictability between WisdomTree Wheat time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 Wheat EUR price movement. The serial correlation of -0.09 indicates that less than 9.0% of current WisdomTree Wheat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
WisdomTree Wheat EUR lagged returns against current returns
Autocorrelation, which is WisdomTree Wheat 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 Wheat's etf expected returns. We can calculate the autocorrelation of WisdomTree Wheat returns to help us make a trade decision. For example, suppose you find that WisdomTree Wheat 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 Wheat 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 Wheat etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WisdomTree Wheat etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WisdomTree Wheat etf over time.
Current vs Lagged Prices |
| Timeline |
WisdomTree Wheat Lagged Returns
When evaluating WisdomTree Wheat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WisdomTree Wheat etf have on its future price. WisdomTree Wheat 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 Wheat autocorrelation shows the relationship between WisdomTree Wheat etf current value and its past values and can show if there is a momentum factor associated with investing in WisdomTree Wheat EUR.
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 Wheat 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 Wheat security.