Wisdomtree Largecap Dividend Etf Fundamentals
| DLN Etf | USD 81.88 0.29 0.36% |
WisdomTree LargeCap Dividend fundamentals help investors to digest information that contributes to WisdomTree LargeCap'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 LargeCap'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 LargeCap etf.
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WisdomTree LargeCap Dividend ETF Beta Analysis
WisdomTree LargeCap'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 LargeCap Beta | 0.8 |
Most of WisdomTree LargeCap'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 LargeCap Dividend 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 LargeCap Dividend has a Beta of 0.8. This is much higher than that of the WisdomTree family and significantly higher than that of the Large Value category. The beta for all United States etfs is notably lower than that of the firm.
WisdomTree LargeCap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree LargeCap's current stock value. Our valuation model uses many indicators to compare WisdomTree LargeCap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree LargeCap competition to find correlations between indicators driving WisdomTree LargeCap's intrinsic value. More Info.WisdomTree LargeCap Dividend 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 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree LargeCap Dividend is roughly 6.75 . 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 LargeCap's earnings, one of the primary drivers of an investment's value.WisdomTree Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree LargeCap'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 LargeCap could also be used in its relative valuation, which is a method of valuing WisdomTree LargeCap by comparing valuation metrics of similar companies.WisdomTree LargeCap is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for WisdomTree LargeCap
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides WisdomTree LargeCap'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.
As returns on the market increase, WisdomTree LargeCap's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree LargeCap is expected to be smaller as well.
WisdomTree Fundamentals
| Return On Equity | 7.0E-4 | |||
| Return On Asset | 5.3 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 517.23 % | |||
| Shares Outstanding | 110.32 M | |||
| Price To Earning | 18.37 X | |||
| Price To Book | 2.72 X | |||
| Price To Sales | 1.80 X | |||
| Revenue | 148.6 M | |||
| EBITDA | 788.7 M | |||
| Net Income | 766.2 M | |||
| Cash And Equivalents | 16.71 M | |||
| Cash Per Share | 0.68 X | |||
| Debt To Equity | 0.23 % | |||
| Current Ratio | 0.55 X | |||
| Cash Flow From Operations | 76 M | |||
| Earnings Per Share | 6.67 X | |||
| Number Of Employees | 62 | |||
| Beta | 0.8 | |||
| Total Asset | 3.26 B | |||
| Current Asset | 69.7 M | |||
| Current Liabilities | 126.4 M | |||
| One Year Return | 31.20 % | |||
| Three Year Return | 11.10 % | |||
| Five Year Return | 12.30 % | |||
| Ten Year Return | 10.90 % | |||
| Net Asset | 3.26 B | |||
| Last Dividend Paid | 0.23 | |||
| Equity Positions Weight | 100.00 % |
About WisdomTree LargeCap Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree LargeCap Dividend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree LargeCap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree LargeCap Dividend 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.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.
Pair Trading with WisdomTree LargeCap
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WisdomTree LargeCap position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WisdomTree LargeCap will appreciate offsetting losses from the drop in the long position's value.Moving together with WisdomTree Etf
| 0.8 | VTV | Vanguard Value Index | PairCorr |
| 0.82 | VYM | Vanguard High Dividend | PairCorr |
| 0.82 | IWD | iShares Russell 1000 Sell-off Trend | PairCorr |
| 0.98 | DGRO | iShares Core Dividend | PairCorr |
| 0.98 | IVE | iShares SP 500 | PairCorr |
Moving against WisdomTree Etf
| 0.61 | AIVI | WisdomTree International | PairCorr |
| 0.5 | WTRE | WisdomTree New Economy | PairCorr |
| 0.36 | VPL | Vanguard FTSE Pacific | PairCorr |
The ability to find closely correlated positions to WisdomTree LargeCap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WisdomTree LargeCap when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WisdomTree LargeCap - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WisdomTree LargeCap Dividend to buy it.
The correlation of WisdomTree LargeCap is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WisdomTree LargeCap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree LargeCap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WisdomTree LargeCap can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out WisdomTree LargeCap Piotroski F Score and WisdomTree LargeCap Altman Z Score analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of WisdomTree LargeCap 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 LargeCap's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree LargeCap'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 LargeCap's market value can be influenced by many factors that don't directly affect WisdomTree LargeCap'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 LargeCap's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree LargeCap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree LargeCap'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.