Wisdomtree Digital Valuation
| TECHX Fund | 19.08 0.21 1.09% |
Based on Macroaxis valuation methodology, the fund is overvalued. Wisdomtree Digital Trust maintains a prevalent Real Value of USD17.35 per share. The last-minute price of the fund is USD19.08. Our model calculates the value of Wisdomtree Digital Trust from examining the fund technical indicators and probability of bankruptcy. In general, investors encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Overvalued
Today
Please note that Wisdomtree Digital's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the fund is overvalued. Wisdomtree Digital Trust maintains a prevalent Real Value of USD17.35 per share. The last-minute price of the fund is USD19.08. Our model calculates the value of Wisdomtree Digital Trust from examining the fund technical indicators and probability of bankruptcy. In general, investors encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Wisdomtree Digital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wisdomtree Mutual Fund. However, Wisdomtree Digital's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.08 | Real 17.35 | Hype 19.08 | Naive 18.8 |
The intrinsic value of Wisdomtree Digital's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Wisdomtree Digital's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Wisdomtree Digital Trust helps investors to forecast how Wisdomtree mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Wisdomtree Digital more accurately as focusing exclusively on Wisdomtree Digital's fundamentals will not take into account other important factors: About Wisdomtree Digital Valuation
Our relative valuation model uses a comparative analysis of Wisdomtree Digital. We calculate exposure to Wisdomtree Digital's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Wisdomtree Digital's related companies.The fund is designed to track the performance of the WisdomTree Technology and Innovation 100 Index through the use of a representative sampling strategy. The index is maintained by WisdomTree, Inc. and is designed to provide exposure to U.S. exchange-listed companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and innovation. The fund is non-diversified.
Other Information on Investing in Wisdomtree Mutual Fund
Wisdomtree Digital financial ratios help investors to determine whether Wisdomtree Mutual Fund 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 Digital security.
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