Wisdomtree Voya Yield Etf Return On Asset
| UNIY Etf | 49.06 0.20 0.41% |
WisdomTree Voya Yield fundamentals help investors to digest information that contributes to WisdomTree Voya'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 Voya'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 Voya etf.
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WisdomTree Voya Yield ETF Return On Asset Analysis
WisdomTree Voya's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, WisdomTree Voya Yield has a Return On Asset of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Intermediate Core Bond (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
WisdomTree Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree Voya's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of WisdomTree Voya could also be used in its relative valuation, which is a method of valuing WisdomTree Voya by comparing valuation metrics of similar companies.WisdomTree Voya is currently under evaluation in return on asset as compared to similar ETFs.
WisdomTree Fundamentals
| Number Of Shares Shorted | 1.01 K | |||
| Annual Yield | 0.03 % | |||
| One Year Return | 6.80 % |
About WisdomTree Voya Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree Voya Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree Voya using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree Voya 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.
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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.When determining whether WisdomTree Voya Yield offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WisdomTree Voya's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wisdomtree Voya Yield Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Wisdomtree Voya Yield Etf:Check out WisdomTree Voya Piotroski F Score and WisdomTree Voya Altman Z Score analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of WisdomTree Voya Yield 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 Voya's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Voya'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 Voya's market value can be influenced by many factors that don't directly affect WisdomTree Voya'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 Voya's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Voya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Voya'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.