WisdomTree SmallCap Financials
| DGRS Etf | USD 55.79 1.02 1.86% |
Net Expense Ratio 0.0038 | 3 y Sharp Ratio 0.19 |
WisdomTree |
The data published in WisdomTree SmallCap's official financial statements typically reflect WisdomTree SmallCap'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 SmallCap's quantitative information. For example, before you start analyzing numbers published by WisdomTree accountants, it's essential to understand WisdomTree SmallCap'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 SmallCap's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of WisdomTree SmallCap Quality. Check WisdomTree SmallCap's Beneish M Score to see the likelihood of WisdomTree SmallCap's management manipulating its earnings.
WisdomTree SmallCap Etf Summary
WisdomTree SmallCap competes with Invesco SP, Invesco SP, and Pacer Small. The index is a fundamentally weighted index that consists of the small-capitalization segment of dividend-paying U.S. common stocks with growth characteristics. Wisdomtree is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US97717X6519 |
| CUSIP | 97717X651 |
| Region | North America |
| Investment Issuer | WisdomTree |
| Etf Family | WisdomTree |
| Fund Category | Strategy |
| Portfolio Concentration | High Dividend Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
WisdomTree SmallCap Key Financial Ratios
WisdomTree Financial Ratios 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 Quality 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree SmallCap Quality is roughly 7.98 . 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.WisdomTree SmallCap Systematic Risk
WisdomTree SmallCap's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WisdomTree SmallCap volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on WisdomTree SmallCap correlated with the market. If Beta is less than 0 WisdomTree SmallCap generally moves in the opposite direction as compared to the market. If WisdomTree SmallCap Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WisdomTree SmallCap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WisdomTree SmallCap is generally in the same direction as the market. If Beta > 1 WisdomTree SmallCap moves generally in the same direction as, but more than the movement of the benchmark.
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 SmallCap 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 SmallCap's financials are consistent with your investment objective using the following steps:- Review WisdomTree SmallCap'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 SmallCap'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 SmallCap'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 SmallCap's stock is overvalued or undervalued.
WisdomTree SmallCap Thematic Clasifications
WisdomTree SmallCap Quality is part of several thematic ideas from High Dividend Yield ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasWisdomTree SmallCap November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WisdomTree SmallCap help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree SmallCap Quality. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree SmallCap Quality 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 SmallCap's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9619 | |||
| Information Ratio | 0.0511 | |||
| Maximum Drawdown | 8.15 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 2.09 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree SmallCap Quality. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.