Wisdomtree Bloomberg Dollar Etf Fundamentals
| USDU Etf | USD 27.00 0.02 0.07% |
WisdomTree Bloomberg Dollar fundamentals help investors to digest information that contributes to WisdomTree Bloomberg'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 Bloomberg'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 Bloomberg etf.
WisdomTree |
WisdomTree Bloomberg Dollar ETF Beta Analysis
WisdomTree Bloomberg'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 Bloomberg Beta | -8.35 |
Most of WisdomTree Bloomberg'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 Bloomberg Dollar 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.
| Competition |
In accordance with the recently published financial statements, WisdomTree Bloomberg Dollar has a Beta of -8.35. This is much lower than that of the WisdomTree family and significantly lower than that of the Trading--Miscellaneous category. The beta for all United States etfs is notably higher than that of the company.
WisdomTree Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree Bloomberg's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of WisdomTree Bloomberg could also be used in its relative valuation, which is a method of valuing WisdomTree Bloomberg by comparing valuation metrics of similar companies.WisdomTree Bloomberg is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, returns on owning WisdomTree Bloomberg are expected to decrease by larger amounts. On the other hand, during market turmoil, WisdomTree Bloomberg is expected to outperform it.
WisdomTree Fundamentals
| Number Of Employees | 278 | |||
| Beta | -8.35 | |||
| Total Asset | 430.3 M | |||
| One Year Return | 9.00 % | |||
| Three Year Return | 6.50 % | |||
| Five Year Return | 2.80 % | |||
| Ten Year Return | 2.10 % | |||
| Net Asset | 430.3 M | |||
| Last Dividend Paid | 0.82 |
About WisdomTree Bloomberg Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree Bloomberg Dollar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree Bloomberg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree Bloomberg Dollar 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.The fund is an actively managed ETF that seeks to provide total returns, before fees and expenses, that exceed the performance of the index. Wisdomtree Bloomberg is traded on NYSEARCA Exchange in the United States.
Thematic Opportunities
Explore Investment Opportunities
Check out WisdomTree Bloomberg Piotroski F Score and WisdomTree Bloomberg Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of WisdomTree Bloomberg 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect WisdomTree Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Bloomberg'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.