WisdomTree New Financial Statements From 2010 to 2024
| WTRE Etf | USD 18.03 0.13 0.72% |
Check WisdomTree New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WisdomTree New'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 New Valuation or Volatility modules.
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WisdomTree New Economy ETF Price To Earning Analysis
WisdomTree New's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current WisdomTree New Price To Earning | 5.60 X |
Most of WisdomTree New's fundamental indicators, such as Price To Earning, 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 New Economy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, WisdomTree New Economy has a Price To Earning of 5.6 times. This is 50.54% higher than that of the WisdomTree family and significantly higher than that of the Global Real Estate category. The price to earning for all United States etfs is 77.78% lower than that of the firm.
WisdomTree New Economy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree New's current stock value. Our valuation model uses many indicators to compare WisdomTree New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree New competition to find correlations between indicators driving WisdomTree New's intrinsic value. More Info.WisdomTree New Economy is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree New Economy is roughly 7.89 . Comparative valuation analysis is a catch-all technique that is used if you cannot value WisdomTree New by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About WisdomTree New Financial Statements
WisdomTree New stakeholders use historical fundamental indicators, such as WisdomTree New's revenue or net income, to determine how well the company is positioned to perform in the future. Although WisdomTree New investors may analyze each financial statement separately, they are all interrelated. For example, changes in WisdomTree New's assets and liabilities are reflected in the revenues and expenses on WisdomTree New's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in WisdomTree New Economy. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Global is traded on NYSEARCA Exchange in the United States.
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 New Economy is a strong investment it is important to analyze WisdomTree New'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 New's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:Check out the analysis of WisdomTree New Correlation against competitors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of WisdomTree New Economy 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 New's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree New'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 New's market value can be influenced by many factors that don't directly affect WisdomTree New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree New'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.