Wisdomtree Cloud Computing Etf Net Asset
| WCLD Etf | USD 40.54 0.13 0.32% |
WisdomTree Cloud Computing fundamentals help investors to digest information that contributes to WisdomTree Cloud'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 Cloud'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 Cloud etf.
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WisdomTree Cloud Computing ETF Net Asset Analysis
WisdomTree Cloud's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current WisdomTree Cloud Net Asset | 624.12 M |
Most of WisdomTree Cloud's fundamental indicators, such as Net Asset, 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 Cloud Computing is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, WisdomTree Cloud Computing has a Net Asset of 624.12 M. This is 34.42% lower than that of the WisdomTree family and significantly higher than that of the Technology category. The net asset for all United States etfs is 72.76% higher than that of the company.
WisdomTree Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree Cloud's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of WisdomTree Cloud could also be used in its relative valuation, which is a method of valuing WisdomTree Cloud by comparing valuation metrics of similar companies.WisdomTree Cloud is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for WisdomTree Cloud
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides WisdomTree Cloud'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
| Number Of Employees | 694 | |||
| Beta | 1.07 | |||
| Total Asset | 624.12 M | |||
| One Year Return | 23.40 % | |||
| Three Year Return | (8.40) % | |||
| Five Year Return | 9.60 % | |||
| Net Asset | 624.12 M | |||
| Equity Positions Weight | 100.00 % |
About WisdomTree Cloud Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree Cloud Computing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree Cloud using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree Cloud Computing 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.
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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 Cloud Com is a strong investment it is important to analyze WisdomTree Cloud'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 Cloud's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:Check out WisdomTree Cloud Piotroski F Score and WisdomTree Cloud Altman Z Score analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of WisdomTree Cloud Com 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 Cloud's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Cloud'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 Cloud's market value can be influenced by many factors that don't directly affect WisdomTree Cloud'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 Cloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Cloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Cloud'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.