Wisdomtree High Yield Etf Fundamentals
QSIG Etf | 48.28 0.03 0.06% |
WisdomTree High Yield fundamentals help investors to digest information that contributes to WisdomTree High'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 High'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 High etf.
WisdomTree |
WisdomTree High Yield ETF One Year Return Analysis
WisdomTree High's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current WisdomTree High One Year Return | 6.80 % |
Most of WisdomTree High's fundamental indicators, such as One 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 High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, WisdomTree High Yield has an One Year Return of 6.8%. This is much higher than that of the family and significantly higher than that of the Short-Term Bond category. The one year return for all United States etfs is notably lower than that of the firm.
WisdomTree One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree High's direct or indirect competition against its One 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 High could also be used in its relative valuation, which is a method of valuing WisdomTree High by comparing valuation metrics of similar companies.WisdomTree High is currently under evaluation in one year return as compared to similar ETFs.
WisdomTree Fundamentals
One Year Return | 6.80 % | |||
Three Year Return | 1.50 % | |||
Five Year Return | 1.60 % |
About WisdomTree High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree High Yield 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.WisdomTree High is entity of United States. It is traded as Etf on BATS exchange.
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Other Information on Investing in WisdomTree Etf
WisdomTree High 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 High security.