WisdomTree Mortgage Financial Statements From 2010 to 2025
| MTGP Etf | USD 43.86 0.05 0.11% |
Check WisdomTree Mortgage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WisdomTree Mortgage'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 Mortgage Valuation or Volatility modules.
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WisdomTree Mortgage Plus ETF Beta Analysis
WisdomTree Mortgage's 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.
Current WisdomTree Mortgage Beta | 0.95 |
Most of WisdomTree Mortgage's fundamental indicators, such as Beta, 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 Mortgage Plus is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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In accordance with the recently published financial statements, WisdomTree Mortgage Plus has a Beta of 0.95. This is much higher than that of the WisdomTree family and significantly higher than that of the Intermediate Core Bond category. The beta for all United States etfs is notably lower than that of the firm.
About WisdomTree Mortgage Financial Statements
WisdomTree Mortgage shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although WisdomTree Mortgage investors may analyze each financial statement separately, they are all interrelated. The changes in WisdomTree Mortgage's assets and liabilities, for example, are also reflected in the revenues and expenses on on WisdomTree Mortgage's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund, an actively managed ETF, utilizes an investment process combining both macro and fundamental research by investing, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings, in mortgage-related debt and other securitized debt. Wisdomtree Mortgage is traded on NYSEARCA Exchange in the United States.
Check out the analysis of WisdomTree Mortgage 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 Mortgage Plus 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect WisdomTree Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Mortgage'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.