WisdomTree High Beta vs. Three Year Return
| WFHYDelisted Etf | USD 44.84 0.30 0.67% |
For WisdomTree High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WisdomTree High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WisdomTree High Yield utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WisdomTree High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WisdomTree High Yield over time as well as its relative position and ranking within its peers.
WisdomTree |
WisdomTree High Yield Three Year Return vs. Beta Fundamental Analysis
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. WisdomTree High Yield is rated first in beta as compared to similar ETFs. It is rated first in three year return as compared to similar ETFs reporting about 0.42 of Three Year Return per Beta. The ratio of Beta to Three Year Return for WisdomTree High Yield is roughly 2.37 . 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 Three Year Return vs. Beta
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.
WisdomTree High |
| = | 0.95 |
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.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
WisdomTree High |
| = | 0.40 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
WisdomTree Three Year Return Comparison
WisdomTree High is currently under evaluation in three year return as compared to similar ETFs.
Beta Analysis
WisdomTree High returns are very sensitive to returns on the market. As the market goes up or down, WisdomTree High is expected to follow.
WisdomTree High Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WisdomTree High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WisdomTree High will eventually generate negative long term returns. The profitability progress is the general direction of WisdomTree High's change in net profit over the period of time. It can combine multiple indicators of WisdomTree High, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WisdomTree High. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of WisdomTree High position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the WisdomTree High's important profitability drivers and their relationship over time.
| Beta vs One Year Return | ||
| Five Year Return vs Three Year Return | ||
| Beta vs Net Asset | ||
| Last Dividend Paid vs Three Year Return | ||
| Beta vs Bond Positions Weight |
Use WisdomTree High in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WisdomTree High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WisdomTree High will appreciate offsetting losses from the drop in the long position's value.WisdomTree High Pair Trading
WisdomTree High Yield Pair Trading Analysis
The ability to find closely correlated positions to WisdomTree High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WisdomTree High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WisdomTree High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WisdomTree High Yield to buy it.
The correlation of WisdomTree High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WisdomTree High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree High Yield moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WisdomTree High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your WisdomTree High position
In addition to having WisdomTree High in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Energy ETFs Thematic Idea Now
Energy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Energy ETFs theme has 91 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Energy ETFs Theme or any other thematic opportunities.
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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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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