AGZD Stock Summary and Trading Ideas (WisdomTree Interest Rate Hedged U.S. Aggregate Bond | NASDAQ:AGZD)

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund* seeks to track the price and yield performance, before fees and expenses, of the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. Utilizes an Institutional style approach that combines a long position in bonds representative of the Bloomberg U.S. Aggregate Bond Index with a short position in Treasury securities to target zero duration.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond trades on the NASDAQ stock market under the symbol AGZD.

As of April 24, 2024, AGZD stock price declined to $22.11 with 3,835 million shares trading.

AGZD has a beta of 0.07, meaning it tends to be less sensitive to market movements. AGZD has a correlation of 0.23 to the broad based SPY ETF.

AGZD has a market cap of $163.61 million. This is considered a Micro Cap stock.

In the last 3 years, AGZD stock traded as high as $24.84 and as low as $21.50.

AGZD has underperformed the market in the last year with a return of +7.9%, while the SPY ETF gained +24.6%. In the last 3 month period, AGZD fell short of the market, returning +1.7%, while SPY returned +4.8%. However, in the most recent 2 weeks AGZD has outperformed the stock market by returning -0.1%, while SPY returned -2.4%.

AGZD support price is $22.03 and resistance is $22.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGZD stock will trade within this expected range on the day.