India ETF Hits New 52-Week High
| EPI Etf | USD 43.48 0.47 1.07% |
Under 62% of WisdomTree India's investor base is looking to short. The current sentiment regarding investing in WisdomTree India Earnings etf implies that many traders are alarmed. WisdomTree India's investing sentiment shows overall attitude of investors towards WisdomTree India Earnings.
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India ETF hit a 52-week high lately. Can this soar higher
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WisdomTree India Fundamental Analysis
We analyze WisdomTree India's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree India using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree India 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.
Beta
Beta Comparative Analysis
WisdomTree India is currently under evaluation in beta as compared to similar ETFs. 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.
WisdomTree India Earnings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WisdomTree India etf to make a market-neutral strategy. Peer analysis of WisdomTree India could also be used in its relative valuation, which is a method of valuing WisdomTree India by comparing valuation metrics with similar companies.
Peers
WisdomTree India Related Equities
| TUR | IShares MSCI | 1.11 | ||||
| INDY | IShares India | 0.80 | ||||
| INDA | IShares MSCI | 0.98 | ||||
| EWW | IShares MSCI | 1.02 | ||||
| PIN | Invesco India | 1.38 |
Check out WisdomTree India Hype Analysis, WisdomTree India Correlation and WisdomTree India Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of WisdomTree India Earnings 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 India's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree India'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 India's market value can be influenced by many factors that don't directly affect WisdomTree India'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 India's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree India is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree India'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.