WisdomTree Floating Financial Statements From 2010 to 2025
| FLTTX Etf | USD 1.01 0.00 0.00% |
Check WisdomTree Floating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WisdomTree Floating's main balance sheet or income statement drivers, such as , as well as many indicators such as . WisdomTree financial statements analysis is a perfect complement when working with WisdomTree Floating Valuation or Volatility modules.
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WisdomTree Floating Rate ETF Price To Sales Analysis
WisdomTree Floating's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current WisdomTree Floating Price To Sales | 1.75 X |
Most of WisdomTree Floating's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WisdomTree Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, WisdomTree Floating Rate has a Price To Sales of 1.75 times. This is much higher than that of the WisdomTree family and significantly higher than that of the Ultrashort Bond category. The price to sales for all United States etfs is notably lower than that of the firm.
WisdomTree Floating Rate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree Floating's current stock value. Our valuation model uses many indicators to compare WisdomTree Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree Floating competition to find correlations between indicators driving WisdomTree Floating's intrinsic value. More Info.WisdomTree Floating Rate is rated # 2 ETF in price to earning as compared to similar ETFs. It also is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.19 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree Floating Rate is roughly 5.30 . 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 Floating's earnings, one of the primary drivers of an investment's value.About WisdomTree Floating Financial Statements
WisdomTree Floating investors use historical fundamental indicators, such as WisdomTree Floating's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in WisdomTree Floating. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, at least 80 percent of the funds net assets, plus the amount of any borrowings for investment purposes, will be invested in component securities of the index, which is comprised of floating rate treasuries. The index is maintained by Solactive AG and is designed to measure the performance of floating rate public obligations of the U.S. Treasury.
Also Currently Popular
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 Floating Rate is a strong investment it is important to analyze WisdomTree Floating's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WisdomTree Floating's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:Check out the analysis of WisdomTree Floating Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of WisdomTree Floating Rate 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 Floating's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Floating'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 Floating's market value can be influenced by many factors that don't directly affect WisdomTree Floating'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 Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Floating'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.