WisdomTree Japan (Switzerland) Technical Analysis
| DXJ Etf | USD 32.63 0.04 0.12% |
As of the 23rd of April, WisdomTree Japan maintains the Market Risk Adjusted Performance of 1.44, downside deviation of 1.15, and Mean Deviation of 0.6032. WisdomTree Japan Equity 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 are able to break down nineteen technical drivers for WisdomTree Japan Equity, which can be compared to its peers. Please check out WisdomTree Japan Equity variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if WisdomTree Japan Equity is priced fairly, providing market reflects its latest price of 32.63 per share.
WisdomTree Japan 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 Japan 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 Japan Equity Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Japan Equity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WisdomTree Japan Equity Trend Analysis
Use this graph to draw trend lines for WisdomTree Japan Equity. You can use it to identify possible trend reversals for WisdomTree Japan 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 Japan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WisdomTree Japan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WisdomTree Japan Equity applied against its price change over selected period. The best fit line has a slop of 0.07 , which means WisdomTree Japan Equity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 204.44, which is the sum of squared deviations for the predicted WisdomTree Japan price change compared to its average price change.About WisdomTree Japan 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 Japan Equity 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 Japan Equity based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on WisdomTree Japan Equity price pattern first instead of the macroeconomic environment surrounding WisdomTree Japan Equity. By analyzing WisdomTree Japan'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 Japan'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 Japan specific price patterns or momentum indicators. Please read more on our technical analysis page.
WisdomTree Japan April 23, 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1412 | |||
| Market Risk Adjusted Performance | 1.44 | |||
| Mean Deviation | 0.6032 | |||
| Semi Deviation | 0.637 | |||
| Downside Deviation | 1.15 | |||
| Coefficient Of Variation | 441.99 | |||
| Standard Deviation | 0.8431 | |||
| Variance | 0.7109 | |||
| Information Ratio | 0.125 | |||
| Jensen Alpha | 0.1712 | |||
| Total Risk Alpha | 0.0769 | |||
| Sortino Ratio | 0.0919 | |||
| Treynor Ratio | 1.43 | |||
| Maximum Drawdown | 4.46 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.52 | |||
| Downside Variance | 1.31 | |||
| Semi Variance | 0.4058 | |||
| Expected Short fall | (0.76) | |||
| Skewness | (0.99) | |||
| Kurtosis | 2.81 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Japan Equity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.