DRW Financial Statements From 2010 to 2024
| DRW Etf | USD 17.10 0.37 2.12% |
Check DRW financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DRW's main balance sheet or income statement drivers, such as , as well as many indicators such as . DRW financial statements analysis is a perfect complement when working with DRW Valuation or Volatility modules.
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DRW ETF Beta Analysis
DRW's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current DRW Beta | 0.93 |
Most of DRW's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DRW is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, DRW has a Beta of 0.93. This is much higher than that of the WisdomTree family and significantly higher than that of the Global Real Estate category. The beta for all United States etfs is notably lower than that of the firm.
DRW Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining DRW's current stock value. Our valuation model uses many indicators to compare DRW value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DRW competition to find correlations between indicators driving DRW's intrinsic value. More Info.DRW is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for DRW is roughly 13.17 . Comparative valuation analysis is a catch-all technique that is used if you cannot value DRW by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About DRW Financial Statements
DRW investors use historical fundamental indicators, such as DRW's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in DRW. Please read more on our technical analysis and fundamental analysis pages.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. WisdomTree Global is traded on PCX Exchange in the United States.
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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.When determining whether DRW is a strong investment it is important to analyze DRW's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DRW's future performance. For an informed investment choice regarding DRW Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of DRW is measured differently than its book value, which is the value of DRW that is recorded on the company's balance sheet. Investors also form their own opinion of DRW's value that differs from its market value or its book value, called intrinsic value, which is DRW's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DRW's market value can be influenced by many factors that don't directly affect DRW's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DRW's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRW is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRW's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.