WisdomTree Voya Financials
| UNIY Etf | 48.64 0.17 0.35% |
Net Expense Ratio 0.0015 |
WisdomTree |
The data published in WisdomTree Voya's official financial statements typically reflect WisdomTree Voya's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving WisdomTree Voya's quantitative information. For example, before you start analyzing numbers published by WisdomTree accountants, it's essential to understand WisdomTree Voya's liquidity, profitability, and earnings quality within the context of the Intermediate Core Bond space in which it operates.
Please note, the imprecision that can be found in WisdomTree Voya's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of WisdomTree Voya Yield. Check WisdomTree Voya's Beneish M Score to see the likelihood of WisdomTree Voya's management manipulating its earnings.
WisdomTree Voya Etf Summary
WisdomTree Voya competes with ClearShares Ultra, PGIM Active, Pacer Trendpilot, and Pacer Lunt. WisdomTree Voya is entity of United States. It is traded as Etf on NASDAQ exchange.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 97717Y469 |
| Region | Global |
| Investment Issuer | WisdomTree |
| Fund Category | Broad Debt |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | 866 909 9473 |
WisdomTree Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree Voya's current stock value. Our valuation model uses many indicators to compare WisdomTree Voya value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree Voya competition to find correlations between indicators driving WisdomTree Voya's intrinsic value. More Info.WisdomTree Voya Yield is rated first in annual yield as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs . 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 Voya's earnings, one of the primary drivers of an investment's value.WisdomTree Voya Yield Systematic Risk
WisdomTree Voya's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WisdomTree Voya volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on WisdomTree Voya Yield correlated with the market. If Beta is less than 0 WisdomTree Voya generally moves in the opposite direction as compared to the market. If WisdomTree Voya Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WisdomTree Voya Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WisdomTree Voya is generally in the same direction as the market. If Beta > 1 WisdomTree Voya moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as WisdomTree Voya is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of WisdomTree has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if WisdomTree Voya's financials are consistent with your investment objective using the following steps:- Review WisdomTree Voya's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand WisdomTree Voya's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare WisdomTree Voya's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if WisdomTree Voya's stock is overvalued or undervalued.
WisdomTree Voya Thematic Clasifications
WisdomTree Voya Yield is part of several thematic ideas from Broad Debt ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasWisdomTree Voya December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WisdomTree Voya help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree Voya Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree Voya Yield based on widely used predictive technical indicators. In general, we focus on analyzing WisdomTree Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WisdomTree Voya's daily price indicators and compare them against related drivers.
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 1.26 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.4093 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in WisdomTree Voya Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of WisdomTree Voya Yield 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 Voya's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Voya'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 Voya's market value can be influenced by many factors that don't directly affect WisdomTree Voya'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 Voya's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Voya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Voya'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.