Wisdomtree Smallcap Quality Etf Fundamentals
| DGRS Etf | USD 56.01 0.16 0.28% |
WisdomTree SmallCap Quality fundamentals help investors to digest information that contributes to WisdomTree SmallCap's financial success or failures. It also enables traders to predict the movement of WisdomTree Etf. The fundamental analysis module provides a way to measure WisdomTree SmallCap's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WisdomTree SmallCap etf.
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WisdomTree SmallCap Quality 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 | 1.08 |
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 Quality 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 Quality has a Beta of 1.08. 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 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 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree SmallCap's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of WisdomTree SmallCap could also be used in its relative valuation, which is a method of valuing WisdomTree SmallCap by comparing valuation metrics of similar companies.WisdomTree SmallCap is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for WisdomTree SmallCap
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides WisdomTree SmallCap's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
WisdomTree SmallCap returns are very sensitive to returns on the market. As the market goes up or down, WisdomTree SmallCap is expected to follow.
WisdomTree Fundamentals
| Price To Earning | 18.03 X | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 0.96 X | |||
| Beta | 1.08 | |||
| Total Asset | 206.46 M | |||
| One Year Return | 35.30 % | |||
| Three Year Return | 9.50 % | |||
| Five Year Return | 11.20 % | |||
| Ten Year Return | 9.50 % | |||
| Net Asset | 206.46 M | |||
| Last Dividend Paid | 0.075 | |||
| Equity Positions Weight | 100.00 % |
About WisdomTree SmallCap Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree SmallCap Quality's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree SmallCap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree SmallCap Quality based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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Check out WisdomTree SmallCap Piotroski F Score and WisdomTree SmallCap Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.