Wisdomtree Japan Hedged Etf Profile

DXJS Etf  USD 33.49  0.31  0.92%   

Performance

20 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
WisdomTree Japan is selling for under 33.49 as of the 29th of March 2024; that is -0.92 percent decrease since the beginning of the trading day. The etf's lowest day price was 33.37. WisdomTree Japan has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for WisdomTree Japan Hedged are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Japan is traded on NASDAQ Exchange in the United States.. More on WisdomTree Japan Hedged

Moving together with WisdomTree Etf

  0.97EWJ IShares MSCI JapanPairCorr
  0.97BBJP JPMorgan BetaBuildersPairCorr
  0.98DXJ WisdomTree Japan HedgedPairCorr
  0.97FLJP Franklin FTSE JapanPairCorr
  0.98HEWJ IShares Currency HedgedPairCorr
  0.98DBJP Xtrackers MSCI JapanPairCorr
  0.87DFJ WisdomTree Japan SmallCapPairCorr

Moving against WisdomTree Etf

  0.83FXY Invesco CurrencySharesPairCorr

WisdomTree Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WisdomTree Japan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WisdomTree Japan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Old NameWisdomTree Trust - WisdomTree Japan Hedged SmallCap Equity Fund
Business ConcentrationStrategy ETFs, Target Risk ETFs, Japan Stock, WisdomTree (View all Sectors)
IssuerWisdomTree
Inception Date2013-06-28
BenchmarkWisdomTree Japan Hedged SmallCap Equity Index
Entity TypeRegulated Investment Company
Asset Under Management67.4 Million
Average Trading Valume17,075.9
Asset TypeEquity
CategoryStrategy
FocusTarget Risk
Market ConcentrationDeveloped Markets
RegionAsia-Pacific
AdministratorState Street Bank and Trust Company
AdvisorWisdomTree Asset Management, Inc.
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerKaren Q. Wong, Thomas J. Durante, Richard A. Brown
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents737
Market MakerSusquehanna
Total Expense0.58
Management Fee0.58
Country NameUSA
Returns Y T D14.15
NameWisdomTree Japan Hedged SmallCap Equity Fund
Currency CodeUSD
Open FigiBBG004RS8MG6
In Threey Volatility10.37
1y Volatility7.8
200 Day M A29.2666
50 Day M A32.1298
CodeDXJS
Updated At28th of March 2024
Currency NameUS Dollar
WisdomTree Japan Hedged [DXJS] is traded in USA and was established 2013-06-28. The fund is listed under Japan Stock category and is part of WisdomTree family. The entity is thematically classified as Strategy ETFs. WisdomTree Japan Hedged currently have 21.97 M in assets under management (AUM). , while the total return for the last 3 years was 17.1%.
Check WisdomTree Japan Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on WisdomTree Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding WisdomTree Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as WisdomTree Japan Hedged Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

WisdomTree Japan Hedged Currency Exposure

WisdomTree Japan Hedged holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of WisdomTree Japan will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in WisdomTree Japan Hedged.

Top WisdomTree Japan Hedged Etf Constituents

HACBFThe Hachijuni BankOTC StockBanks—Regional
ITTOFITOCHU Techno SolutionsPink SheetInformation Technology Services
MBGCFMitsubishi Gas ChemicalPink SheetSpecialty Chemicals
SBHGFSBI HoldingsPink SheetAsset Management
SHWDFShowa Denko KKPink SheetChemicals
SKXJFSankyo CoPink SheetGambling
SUMCFSumcoPink SheetSemiconductor Equipment & Materials
More Details

WisdomTree Japan Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of WisdomTree Japan jumping above the current price in 90 days from now is about 5.37%. The WisdomTree Japan Hedged probability density function shows the probability of WisdomTree Japan etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days WisdomTree Japan has a beta of 0.2452 suggesting as returns on the market go up, WisdomTree Japan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WisdomTree Japan Hedged will be expected to be much smaller as well. Additionally, wisdomTree Japan Hedged has an alpha of 0.167, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 33.49HorizonTargetOdds Above 33.49
94.54%90 days
 33.49 
5.37%
Based on a normal probability distribution, the odds of WisdomTree Japan to move above the current price in 90 days from now is about 5.37 (This WisdomTree Japan Hedged probability density function shows the probability of WisdomTree Etf to fall within a particular range of prices over 90 days) .

WisdomTree Japan Hedged Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. WisdomTree Japan market risk premium is the additional return an investor will receive from holding WisdomTree Japan long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Japan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although WisdomTree Japan's alpha and beta are two of the key measurements used to evaluate WisdomTree Japan's performance over the market, the standard measures of volatility play an important role as well.

WisdomTree Japan Against Markets

Picking the right benchmark for WisdomTree Japan etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WisdomTree Japan etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WisdomTree Japan is critical whether you are bullish or bearish towards WisdomTree Japan Hedged at a given time. Please also check how WisdomTree Japan's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in WisdomTree Japan without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

How to buy WisdomTree Etf?

Before investing in WisdomTree Japan, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WisdomTree Japan. To buy WisdomTree Japan etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of WisdomTree Japan. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase WisdomTree Japan etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located WisdomTree Japan Hedged etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased WisdomTree Japan Hedged etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as WisdomTree Japan Hedged, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy WisdomTree Etf please use our How to Invest in WisdomTree Japan guide.

Already Invested in WisdomTree Japan Hedged?

The danger of trading WisdomTree Japan Hedged is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WisdomTree Japan is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WisdomTree Japan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree Japan Hedged is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WisdomTree Japan Hedged is a strong investment it is important to analyze WisdomTree Japan'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 Japan's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Japan Hedged. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for WisdomTree Etf analysis

When running WisdomTree Japan's price analysis, check to measure WisdomTree Japan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WisdomTree Japan is operating at the current time. Most of WisdomTree Japan's value examination focuses on studying past and present price action to predict the probability of WisdomTree Japan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WisdomTree Japan's price. Additionally, you may evaluate how the addition of WisdomTree Japan to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
The market value of WisdomTree Japan Hedged 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 Japan's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Japan'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 Japan's market value can be influenced by many factors that don't directly affect WisdomTree Japan'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 Japan's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Japan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Japan'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.