WisdomTree Europe Financial Statements From 2010 to 2024
| HEDJ Etf | USD 43.27 0.36 0.84% |
Check WisdomTree Europe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WisdomTree Europe'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 Europe Valuation or Volatility modules.
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WisdomTree Europe Hedged ETF Price To Sales Analysis
WisdomTree Europe's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current WisdomTree Europe Price To Sales | 0.98 X |
Most of WisdomTree Europe's fundamental indicators, such as Price To Sales, 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 Europe Hedged is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, WisdomTree Europe Hedged has a Price To Sales of 0.98 times. This is 292.0% higher than that of the WisdomTree family and significantly higher than that of the Europe Stock category. The price to sales for all United States etfs is 196.97% lower than that of the firm.
WisdomTree Europe Hedged Fundamental Drivers 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 Hedged 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 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree Europe Hedged is roughly 9.18 . 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.About WisdomTree Europe Financial Statements
Investors use fundamental indicators, such as WisdomTree Europe's revenue or net income, to determine how well the company is positioned to perform in the future. Although WisdomTree Europe's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The fund invests at least 95 percent of its total assets 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.
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The market value of WisdomTree Europe Hedged 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.