Wisdomtree Target Range Etf Five Year Return
| GTR Etf | USD 24.82 0.05 0.20% |
WisdomTree Target Range fundamentals help investors to digest information that contributes to WisdomTree Target's financial success or failures. It also enables traders to predict the movement of WisdomTree Etf. The fundamental analysis module provides a way to measure WisdomTree Target's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WisdomTree Target etf.
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WisdomTree Target Range ETF Five Year Return Analysis
WisdomTree Target's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, WisdomTree Target Range has a Five Year Return of 0.0%. This is 100.0% lower than that of the WisdomTree family and about the same as Equity Hedged (which currently averages 0.0) category. The five year return for all United States etfs is 100.0% higher than that of the company.
WisdomTree Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree Target's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of WisdomTree Target could also be used in its relative valuation, which is a method of valuing WisdomTree Target by comparing valuation metrics of similar companies.WisdomTree Target is currently under evaluation in five year return as compared to similar ETFs.
Fund Asset Allocation for WisdomTree Target
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks.Asset allocation divides WisdomTree Target's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
WisdomTree Fundamentals
| Beta | 0.6 | |||
| Total Asset | 51.81 M | |||
| One Year Return | 13.80 % | |||
| Three Year Return | 1.20 % | |||
| Net Asset | 51.81 M | |||
| Equity Positions Weight | 1.95 % |
About WisdomTree Target Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree Target Range's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree Target using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree Target Range based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with WisdomTree Target
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WisdomTree Target position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WisdomTree Target will appreciate offsetting losses from the drop in the long position's value.Moving together with WisdomTree Etf
| 0.95 | ACIO | Aptus Collared Income | PairCorr |
| 0.96 | ADME | Aptus Drawdown Managed | PairCorr |
| 0.82 | SWAN | Amplify BlackSwan Growth | PairCorr |
| 0.7 | PHDG | Invesco SP 500 | PairCorr |
Moving against WisdomTree Etf
The ability to find closely correlated positions to WisdomTree Target could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WisdomTree Target when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WisdomTree Target - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WisdomTree Target Range to buy it.
The correlation of WisdomTree Target is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WisdomTree Target moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree Target Range moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WisdomTree Target can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out WisdomTree Target Piotroski F Score and WisdomTree Target Altman Z Score analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of WisdomTree Target Range 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 Target's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Target'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 Target's market value can be influenced by many factors that don't directly affect WisdomTree Target'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 Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Target'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.