Wisdomtree Nasdaq 100 Etf Five Year Return
QQQ3 Etf | 233.36 7.55 3.34% |
WisdomTree NASDAQ 100 fundamentals help investors to digest information that contributes to WisdomTree NASDAQ'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 NASDAQ'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 NASDAQ etf.
WisdomTree |
WisdomTree NASDAQ 100 ETF Five Year Return Analysis
WisdomTree NASDAQ's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current WisdomTree NASDAQ Five Year Return | 35.80 % |
Most of WisdomTree NASDAQ's fundamental indicators, such as Five Year Return, 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 NASDAQ 100 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Competition |
According to the company disclosure, WisdomTree NASDAQ 100 has a Five Year Return of 35.8%. This is much higher than that of the family and significantly higher than that of the Trading - Leveraged/Inverse Equity category. The five year return for all United Kingdom etfs is notably lower than that of the firm.
WisdomTree Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree NASDAQ's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of WisdomTree NASDAQ could also be used in its relative valuation, which is a method of valuing WisdomTree NASDAQ by comparing valuation metrics of similar companies.WisdomTree NASDAQ is currently under evaluation in five year return as compared to similar ETFs.
WisdomTree Fundamentals
One Year Return | 68.00 % | |||
Three Year Return | (2.50) % | |||
Five Year Return | 35.80 % | |||
Ten Year Return | 37.90 % |
About WisdomTree NASDAQ Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree NASDAQ 100's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree NASDAQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree NASDAQ 100 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in WisdomTree Etf
WisdomTree NASDAQ financial ratios help investors to determine whether WisdomTree Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WisdomTree with respect to the benefits of owning WisdomTree NASDAQ security.