WisdomTree High Yield Financials
| WFHYDelisted Etf | USD 44.84 0.30 0.67% |
WisdomTree |
The data published in WisdomTree High's official financial statements typically reflect WisdomTree High'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 High's quantitative information. For example, before you start analyzing numbers published by WisdomTree accountants, it's essential to understand WisdomTree High's liquidity, profitability, and earnings quality within the context of the WisdomTree space in which it operates.
Please note, the imprecision that can be found in WisdomTree High's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of WisdomTree High Yield. Check WisdomTree High's Beneish M Score to see the likelihood of WisdomTree High's management manipulating its earnings.
WisdomTree High Etf Summary
WisdomTree High competes with WisdomTree Yield, WisdomTree Interest, and WisdomTree Yield. Under normal circumstances, 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 is traded on BATS Exchange in the United States.WisdomTree High Key Financial Ratios
WisdomTree Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree High's current stock value. Our valuation model uses many indicators to compare WisdomTree High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree High competition to find correlations between indicators driving WisdomTree High's intrinsic value. More Info.WisdomTree High Yield is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 9.68 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WisdomTree High's earnings, one of the primary drivers of an investment's value.WisdomTree High Market Pulse
| Quote | 44.84 |
| Change(%) | 0.67 |
| Change | 0.30 |
| Open | 44.54 |
| Low | 44.54 |
| High | 44.93 |
| Volume | 0 |
| Exchange | BATS |
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as WisdomTree High is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of WisdomTree has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if WisdomTree High's financials are consistent with your investment objective using the following steps:- Review WisdomTree High's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand WisdomTree High's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare WisdomTree High's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if WisdomTree High's stock is overvalued or undervalued.
WisdomTree High December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WisdomTree High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree High Yield 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 High's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.87 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.4953 |
Check out Your Current Watchlist 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 rate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in WisdomTree Etf
If you are still planning to invest in WisdomTree High Yield check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the WisdomTree High's history and understand the potential risks before investing.
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