WisdomTree SmallCap Financial Statements From 2010 to 2024
| EES Etf | USD 58.13 0.01 0.02% |
Check WisdomTree SmallCap financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WisdomTree SmallCap's main balance sheet or income statement drivers, such as , as well as many indicators such as . WisdomTree financial statements analysis is a perfect complement when working with WisdomTree SmallCap Valuation or Volatility modules.
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WisdomTree SmallCap Earnings ETF Beta Analysis
WisdomTree SmallCap'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 WisdomTree SmallCap Beta | 1.07 |
Most of WisdomTree SmallCap'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, WisdomTree SmallCap Earnings 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.
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In accordance with the recently published financial statements, WisdomTree SmallCap Earnings has a Beta of 1.07. This is much higher than that of the WisdomTree family and significantly higher than that of the Small Value category. The beta for all United States etfs is notably lower than that of the firm.
WisdomTree SmallCap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree SmallCap's current stock value. Our valuation model uses many indicators to compare WisdomTree SmallCap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree SmallCap competition to find correlations between indicators driving WisdomTree SmallCap's intrinsic value. More Info.WisdomTree SmallCap Earnings is rated # 4 ETF in price to earning as compared to similar ETFs. It is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree SmallCap Earnings is roughly 9.45 . Comparative valuation analysis is a catch-all technique that is used if you cannot value WisdomTree SmallCap 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 WisdomTree SmallCap Financial Statements
WisdomTree SmallCap shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although WisdomTree SmallCap investors may analyze each financial statement separately, they are all interrelated. The changes in WisdomTree SmallCap's assets and liabilities, for example, are also reflected in the revenues and expenses on on WisdomTree SmallCap's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Under normal circumstances, at least 95 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 NYSEARCA Exchange in the United States.
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Check out the analysis of WisdomTree SmallCap Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of WisdomTree SmallCap 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 SmallCap's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree SmallCap'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 SmallCap's market value can be influenced by many factors that don't directly affect WisdomTree SmallCap'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 SmallCap's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree SmallCap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree SmallCap'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.