WisdomTree Physical Profitability Analysis
Please note, there is a significant difference between WisdomTree Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Physical'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.
PHAU.AS fundamentals not found
We are unable to locate WisdomTree Physical Gold indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | PHAU |
| Name | WisdomTree Physical Gold |
| Type | Etf |
| Country | Netherlands |
| Exchange | AS |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
| PHA | Pharmacia Corp | CompanyDelisted |
| PHAR | Pharming Group NV | Company |
| PHAYX | Putnam High Yield | Mutual Fund |
| 71713UAW2 | PHARMACIA P 66 | Corporate Bond |
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.
WisdomTree Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WisdomTree Physical. 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 Physical 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 Physical's important profitability drivers and their relationship over time.
WisdomTree Physical Earnings per Share Projection vs Actual
Use WisdomTree Physical 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 Physical 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 Physical will appreciate offsetting losses from the drop in the long position's value.WisdomTree Physical Pair Trading
WisdomTree Physical Gold Pair Trading Analysis
The ability to find closely correlated positions to WisdomTree Physical 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 Physical 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 Physical - 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 Physical Gold to buy it.
The correlation of WisdomTree Physical 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 Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree Physical Gold 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 Physical 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 Physical position
In addition to having WisdomTree Physical 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 Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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Other Information on Investing in WisdomTree Etf
To fully project WisdomTree Physical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WisdomTree Physical Gold 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 Physical's income statement, its balance sheet, and the statement of cash flows.