WisdomTree Alternative Financials
| HYIN Etf | USD 18.51 0.05 0.27% |
Net Expense Ratio 0.0429 | 3 y Sharp Ratio (0.07) |
WisdomTree |
The data published in WisdomTree Alternative's official financial statements typically reflect WisdomTree Alternative'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 Alternative's quantitative information. For example, before you start analyzing numbers published by WisdomTree accountants, it's essential to understand WisdomTree Alternative's liquidity, profitability, and earnings quality within the context of the WisdomTree space in which it operates.
WisdomTree Alternative Etf Summary
WisdomTree Alternative competes with WisdomTree Cybersecurity, Global X, and Virtus WMC. 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 Alternative is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 97717Y626 |
| Region | North America |
| Investment Issuer | WisdomTree |
| Etf Family | WisdomTree |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
WisdomTree Alternative Key Financial Ratios
WisdomTree Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree Alternative's current stock value. Our valuation model uses many indicators to compare WisdomTree Alternative value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree Alternative competition to find correlations between indicators driving WisdomTree Alternative's intrinsic value. More Info.WisdomTree Alternative Income is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 8.01 of One Year Return per Beta. 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 Alternative's earnings, one of the primary drivers of an investment's value.WisdomTree Alternative Systematic Risk
WisdomTree Alternative's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WisdomTree Alternative 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on WisdomTree Alternative correlated with the market. If Beta is less than 0 WisdomTree Alternative generally moves in the opposite direction as compared to the market. If WisdomTree Alternative Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WisdomTree Alternative is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WisdomTree Alternative is generally in the same direction as the market. If Beta > 1 WisdomTree Alternative moves generally in the same direction as, but more than the movement of the benchmark.
WisdomTree Alternative Thematic Clasifications
WisdomTree Alternative Income is part of several thematic ideas from Asset Allocation ETFs to Target Outcome 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 Alternative November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WisdomTree Alternative help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree Alternative Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree Alternative Income 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 Alternative's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6276 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.74 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.9135 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Alternative Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of WisdomTree Alternative 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 Alternative's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Alternative'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 Alternative's market value can be influenced by many factors that don't directly affect WisdomTree Alternative'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 Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Alternative'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.