WisdomTree Mortgage Valuation
| MTGP Etf | USD 43.89 0.00 0.00% |
At this time, the etf appears to be undervalued. WisdomTree Mortgage Plus maintains a prevalent Real Value of $47.64 per share. The last-minute price of the etf is $43.89. Our model calculates the value of WisdomTree Mortgage Plus from examining the etf fundamentals such as Total Asset of 21.76 M, last dividend paid of 0.0925, and One Year Return of 5.40 % as well as analyzing its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that WisdomTree Mortgage's price fluctuation is very steady at this time. Calculation of the real value of WisdomTree Mortgage Plus is based on 3 months time horizon. Increasing WisdomTree Mortgage's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
WisdomTree Mortgage's intrinsic value may or may not be the same as its current market price of 43.89, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 43.89 | Real 47.64 | Hype 43.89 | Naive 43.77 |
The intrinsic value of WisdomTree Mortgage's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence WisdomTree Mortgage's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of WisdomTree Mortgage Plus helps investors to forecast how WisdomTree etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of WisdomTree Mortgage more accurately as focusing exclusively on WisdomTree Mortgage's fundamentals will not take into account other important factors: About WisdomTree Mortgage Valuation
The etf valuation mechanism determines WisdomTree Mortgage's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of WisdomTree Mortgage Plus based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of WisdomTree Mortgage. We calculate exposure to WisdomTree Mortgage's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of WisdomTree Mortgage's related companies.The fund, an actively managed ETF, utilizes an investment process combining both macro and fundamental research by investing, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings, in mortgage-related debt and other securitized debt. Wisdomtree Mortgage is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Mortgage Plus. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of WisdomTree Mortgage Plus 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect WisdomTree Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Mortgage'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.