Wisdomtree Floating Rate Fund Manager Performance Evaluation
| FLTTX Fund | USD 1.01 0.00 0.00% |
The entity maintains a market beta of 0.0196, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wisdomtree Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wisdomtree Floating is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Wisdomtree Floating Rate are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Wisdomtree Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreWisdomtree |
Wisdomtree Floating Relative Risk vs. Return Landscape
If you would invest 100.00 in Wisdomtree Floating Rate on September 13, 2024 and sell it today you would earn a total of 1.00 from holding Wisdomtree Floating Rate or generate 1.0% return on investment over 90 days. Wisdomtree Floating Rate is currently producing 0.0159% returns and takes up 0.126% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Wisdomtree, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Wisdomtree Floating Current Valuation
Fairly Valued
Today
Please note that Wisdomtree Floating's price fluctuation is not too volatile at this time. Today, the fund appears to be fairly valued. Wisdomtree Floating Rate maintains a prevalent Real Value of $1.01 per share. The last-minute price of the fund is $1.01. We determine the value of Wisdomtree Floating Rate from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Wisdomtree Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wisdomtree Mutual Fund. However, Wisdomtree Floating's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.01 | Real 1.01 | Hype 1.01 | Naive 1.01 |
The intrinsic value of Wisdomtree Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Wisdomtree Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Wisdomtree Floating Rate helps investors to forecast how Wisdomtree mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Wisdomtree Floating more accurately as focusing exclusively on Wisdomtree Floating's fundamentals will not take into account other important factors: Wisdomtree Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wisdomtree Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Wisdomtree Floating Rate, and traders can use it to determine the average amount a Wisdomtree Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.126
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FLTTX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Wisdomtree Floating is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wisdomtree Floating by adding it to a well-diversified portfolio.
Wisdomtree Floating Fundamentals Growth
Wisdomtree Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Wisdomtree Floating, and Wisdomtree Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Wisdomtree Mutual Fund performance.
| Price To Earning | 14.79 X | ||||
| Price To Book | 2.79 X | ||||
| Price To Sales | 1.75 X | ||||
About Wisdomtree Floating Performance
Evaluating Wisdomtree Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wisdomtree Floating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Wisdomtree Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, at least 80 percent of the funds net assets, plus the amount of any borrowings for investment purposes, will be invested in component securities of the index, which is comprised of floating rate treasuries. The index is maintained by Solactive AG and is designed to measure the performance of floating rate public obligations of the U.S. Treasury.Things to note about Wisdomtree Floating Rate performance evaluation
Checking the ongoing alerts about Wisdomtree Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Wisdomtree Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wisdomtree Floating has some characteristics of a very speculative penny stock | |
| The fund generated three year return of -2.0% | |
| Wisdomtree Floating Rate retains 97.74% of its assets under management (AUM) in equities |
- Analyzing Wisdomtree Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Wisdomtree Floating's stock is overvalued or undervalued compared to its peers.
- Examining Wisdomtree Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Wisdomtree Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wisdomtree Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Wisdomtree Floating's mutual fund. These opinions can provide insight into Wisdomtree Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Wisdomtree Mutual Fund
Wisdomtree Floating financial ratios help investors to determine whether Wisdomtree Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wisdomtree with respect to the benefits of owning Wisdomtree Floating security.
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