WisdomTree 9060 One Year Return vs. Beta
| NTSX Etf | USD 48.73 0.18 0.37% |
For WisdomTree 9060 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WisdomTree 9060 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WisdomTree 9060 Balanced utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WisdomTree 9060's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WisdomTree 9060 Balanced over time as well as its relative position and ranking within its peers.
WisdomTree |
The market value of WisdomTree 9060 Balanced 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 9060's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree 9060'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 9060's market value can be influenced by many factors that don't directly affect WisdomTree 9060'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 9060's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree 9060 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree 9060'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.
WisdomTree 9060 Balanced Beta vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree 9060's current stock value. Our valuation model uses many indicators to compare WisdomTree 9060 value to that of its competitors to determine the firm's financial worth. WisdomTree 9060 Balanced is regarded second largest ETF in one year return as compared to similar ETFs. It also is regarded second largest ETF in beta as compared to similar ETFs totaling about 0.05 of Beta per One Year Return. The ratio of One Year Return to Beta for WisdomTree 9060 Balanced is roughly 21.32 . 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 9060's earnings, one of the primary drivers of an investment's value.WisdomTree Beta vs. One Year Return
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.
WisdomTree 9060 |
| = | 30.70 % |
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.
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.
WisdomTree 9060 |
| = | 1.44 |
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.
WisdomTree Beta Comparison
WisdomTree 9060 is rated number one ETF in beta as compared to similar ETFs.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WisdomTree 9060 will likely underperform.
WisdomTree 9060 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WisdomTree 9060, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WisdomTree 9060 will eventually generate negative long term returns. The profitability progress is the general direction of WisdomTree 9060's change in net profit over the period of time. It can combine multiple indicators of WisdomTree 9060, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
It seeks to achieve its investment objective by investing in large-capitalization U.S. equity securities and U.S. Wisdomtree is traded on NYSEARCA Exchange in the United States.
WisdomTree Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WisdomTree 9060. 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 9060 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 9060's important profitability drivers and their relationship over time.
| One Year Return vs Three Year Return | ||
| Five Year Return vs Beta | ||
| One Year Return vs Net Asset | ||
| Last Dividend Paid vs Beta | ||
| One Year Return vs Equity Positions Weight |
Use WisdomTree 9060 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 9060 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 9060 will appreciate offsetting losses from the drop in the long position's value.WisdomTree 9060 Pair Trading
WisdomTree 9060 Balanced Pair Trading Analysis
The ability to find closely correlated positions to WisdomTree 9060 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 9060 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 9060 - 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 9060 Balanced to buy it.
The correlation of WisdomTree 9060 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 9060 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree 9060 Balanced 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 9060 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 9060 position
In addition to having WisdomTree 9060 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?
Run High Dividend Yield ETFs Thematic Idea Now
High Dividend Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Dividend Yield ETFs theme has 107 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize High Dividend Yield ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
To fully project WisdomTree 9060's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WisdomTree 9060 Balanced 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 9060's income statement, its balance sheet, and the statement of cash flows.