WisdomTree Europe Financials
| EUDG Etf | USD 30.68 0.24 0.79% |
Net Expense Ratio 0.0058 | 3 y Sharp Ratio (0.08) |
WisdomTree |
The data published in WisdomTree Europe's official financial statements typically reflect WisdomTree Europe's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving WisdomTree Europe's quantitative information. For example, before you start analyzing numbers published by WisdomTree accountants, it's essential to understand WisdomTree Europe's liquidity, profitability, and earnings quality within the context of the WisdomTree space in which it operates.
WisdomTree Europe Etf Summary
WisdomTree Europe competes with WisdomTree Europe, WisdomTree International, WisdomTree Emerging, ProShares MSCI, and WisdomTree Dynamic. At least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Europe is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US97717X6105 |
| CUSIP | 97717X610 |
| Region | Europe |
| Investment Issuer | WisdomTree |
| Etf Family | WisdomTree |
| Fund Category | Strategy |
| Portfolio Concentration | High Dividend Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
WisdomTree Europe Key Financial Ratios
WisdomTree Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree Europe's current stock value. Our valuation model uses many indicators to compare WisdomTree Europe value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree Europe competition to find correlations between indicators driving WisdomTree Europe's intrinsic value. More Info.WisdomTree Europe Quality 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 0.21 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree Europe Quality is roughly 4.79 . Comparative valuation analysis is a catch-all technique that is used if you cannot value WisdomTree Europe 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.WisdomTree Europe Quality Systematic Risk
WisdomTree Europe's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WisdomTree Europe volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
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 Beta measures systematic risk based on how returns on WisdomTree Europe Quality correlated with the market. If Beta is less than 0 WisdomTree Europe generally moves in the opposite direction as compared to the market. If WisdomTree Europe Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WisdomTree Europe Quality is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WisdomTree Europe is generally in the same direction as the market. If Beta > 1 WisdomTree Europe moves generally in the same direction as, but more than the movement of the benchmark.
About WisdomTree Europe Financials
What exactly are WisdomTree Europe Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include WisdomTree Europe's income statement, its balance sheet, and the statement of cash flows. Potential WisdomTree Europe investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although WisdomTree Europe investors may use each financial statement separately, they are all related. The changes in WisdomTree Europe's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WisdomTree Europe's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.WisdomTree Europe Thematic Clasifications
WisdomTree Europe Quality is part of several thematic ideas from Strategy ETFs to High Dividend Yield ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasWisdomTree Europe November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WisdomTree Europe help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree Europe Quality. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree Europe Quality based on widely used predictive technical indicators. In general, we focus on analyzing WisdomTree Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WisdomTree Europe's daily price indicators and compare them against related drivers.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 4.58 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.04 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Europe Quality. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of WisdomTree Europe Quality is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Europe's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Europe'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 WisdomTree Europe's market value can be influenced by many factors that don't directly affect WisdomTree Europe'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 WisdomTree Europe's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Europe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Europe'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.