WisdomTree India Financial Statements From 2010 to 2024
EPI Etf | USD 43.56 0.40 0.93% |
Check WisdomTree India financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WisdomTree main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . WisdomTree financial statements analysis is a perfect complement when working with WisdomTree India Valuation or Volatility modules.
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WisdomTree Beta Analysis
WisdomTree India'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 India Beta | 0.56 |
Most of WisdomTree India'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 India Earnings 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.
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WisdomTree India Beta Component Assessment
In accordance with the recently published financial statements, WisdomTree India Earnings has a Beta of 0.56. This is much higher than that of the WisdomTree family and significantly higher than that of the India Equity category. The beta for all United States etfs is notably lower than that of the firm.
WisdomTree India Earnings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree India's current stock value. Our valuation model uses many indicators to compare WisdomTree India value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree India competition to find correlations between indicators driving WisdomTree India's intrinsic value. More Info.WisdomTree India Earnings is rated # 3 ETF in price to earning as compared to similar ETFs. It is rated # 3 ETF in price to sales as compared to similar ETFs fabricating about 0.09 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for WisdomTree India Earnings is roughly 11.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value WisdomTree India by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WisdomTree India's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WisdomTree India's earnings, one of the primary drivers of an investment's value.About WisdomTree India Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include WisdomTree India income statement, its balance sheet, and the statement of cash flows. WisdomTree India investors use historical funamental indicators, such as WisdomTree India's revenue or net income, to determine how well the company is positioned to perform in the future. Although WisdomTree India investors may use each financial statement separately, they are all related. The changes in WisdomTree India's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WisdomTree India's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on WisdomTree India Financial Statements. Understanding these patterns can help to make the right decision on long term investment in WisdomTree India. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, at least 95 percent of the funds total assets will be invested 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 India is traded on NYSEARCA Exchange in the United States.
Pair Trading with WisdomTree India
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WisdomTree India position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WisdomTree India will appreciate offsetting losses from the drop in the long position's value.Moving together with WisdomTree Etf
0.97 | INDA | IShares MSCI India Low Volatility | PairCorr |
0.94 | INDSX | Financial Investors Trust | PairCorr |
0.99 | PIN | Invesco India ETF | PairCorr |
The ability to find closely correlated positions to WisdomTree India could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WisdomTree India when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WisdomTree India - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WisdomTree India Earnings to buy it.
The correlation of WisdomTree India is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WisdomTree India moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree India Earnings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WisdomTree India can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of WisdomTree India Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for WisdomTree Etf analysis
When running WisdomTree India's price analysis, check to measure WisdomTree India'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 India is operating at the current time. Most of WisdomTree India's value examination focuses on studying past and present price action to predict the probability of WisdomTree India'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 India's price. Additionally, you may evaluate how the addition of WisdomTree India to your portfolios can decrease your overall portfolio volatility.
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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.