WisdomTree New Financials
| WTRE Etf | USD 17.61 0.02 0.11% |
WisdomTree |
The data published in WisdomTree New's official financial statements typically reflect WisdomTree New'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 New's quantitative information. For example, before you start analyzing numbers published by WisdomTree accountants, it's essential to understand WisdomTree New's liquidity, profitability, and earnings quality within the context of the WisdomTree space in which it operates.
Please note, the presentation of WisdomTree New's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, WisdomTree New's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of WisdomTree New's management manipulating its earnings.
WisdomTree New Etf Summary
WisdomTree New competes with South Plains, Red River, NI Holdings, Western New, and Amalgamated Bank. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | BMG947871015 |
| CUSIP | 97717W331 |
| Region | Global |
| Investment Issuer | WisdomTree |
| Location | New York; U.S.A |
| Business Address | 230 Park Avenue |
| Etf Family | WisdomTree |
| Fund Category | Sector |
| Portfolio Concentration | Real Estate |
| Benchmark | Dow Jones Industrial |
| Website | www.wisdomtree.com/etfs/equity/drw |
| Phone | NA |
| Currency | USD - US Dollar |
WisdomTree New Key Financial Ratios
WisdomTree Financial Ratios 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.WisdomTree New Economy Systematic Risk
WisdomTree New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WisdomTree New 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.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on WisdomTree New Economy correlated with the market. If Beta is less than 0 WisdomTree New generally moves in the opposite direction as compared to the market. If WisdomTree New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WisdomTree New Economy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WisdomTree New is generally in the same direction as the market. If Beta > 1 WisdomTree New moves generally in the same direction as, but more than the movement of the benchmark.
About WisdomTree New Financials
What exactly are WisdomTree New Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include WisdomTree New's income statement, its balance sheet, and the statement of cash flows. Potential WisdomTree New investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although WisdomTree New investors may use each financial statement separately, they are all related. The changes in WisdomTree New's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WisdomTree New's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.WisdomTree New Thematic Clasifications
WisdomTree New Economy is part of several thematic ideas from Real Estate ETFs to Sector 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 New March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of WisdomTree New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree New Economy. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree New Economy 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 New's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.1102 | |||
| Maximum Drawdown | 4.83 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.54 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree New Economy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.