WisdomTree DAX Ten Year Return vs. Five Year Return
Based on the key profitability measurements obtained from WisdomTree DAX's financial statements, WisdomTree DAX 30 may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess WisdomTree DAX's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Please note, there is a significant difference between WisdomTree DAX's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree DAX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree DAX'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.
For WisdomTree DAX profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WisdomTree DAX to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WisdomTree DAX 30 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WisdomTree DAX's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WisdomTree DAX 30 over time as well as its relative position and ranking within its peers.
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WisdomTree DAX 30 Five Year Return vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree DAX's current stock value. Our valuation model uses many indicators to compare WisdomTree DAX value to that of its competitors to determine the firm's financial worth. WisdomTree DAX 30 is the top ETF in ten year return as compared to similar ETFs. It also is the top ETF in five year return as compared to similar ETFs reporting about 0.83 of Five Year Return per Ten Year Return. The ratio of Ten Year Return to Five Year Return for WisdomTree DAX 30 is roughly 1.21 . 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 DAX's earnings, one of the primary drivers of an investment's value.WisdomTree Five Year Return vs. Ten Year Return
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
WisdomTree DAX |
| = | 5.80 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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.
WisdomTree DAX |
| = | 4.80 % |
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.
WisdomTree Five Year Return Comparison
WisdomTree DAX is currently under evaluation in five year return as compared to similar ETFs.
WisdomTree Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WisdomTree DAX. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of WisdomTree DAX position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the WisdomTree DAX's important profitability drivers and their relationship over time.
Use WisdomTree DAX in pair-trading
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 DAX 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 DAX will appreciate offsetting losses from the drop in the long position's value.WisdomTree DAX Pair Trading
WisdomTree DAX 30 Pair Trading Analysis
The ability to find closely correlated positions to WisdomTree DAX 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 DAX 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 DAX - 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 DAX 30 to buy it.
The correlation of WisdomTree DAX 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 DAX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree DAX 30 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 DAX 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.Use Investing Themes to Complement your WisdomTree DAX position
In addition to having WisdomTree DAX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Alternative Currency ETFs theme has 48 constituents at this time.
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Other Information on Investing in WisdomTree Etf
To fully project WisdomTree DAX's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WisdomTree DAX 30 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include WisdomTree DAX's income statement, its balance sheet, and the statement of cash flows.