Wisdomtree Interest Rate Etf Price To Sales
| AGZD Etf | USD 22.27 0.03 0.13% |
WisdomTree Interest Rate fundamentals help investors to digest information that contributes to WisdomTree Interest'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 Interest'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 Interest etf.
WisdomTree |
WisdomTree Interest Rate ETF Price To Sales Analysis
WisdomTree Interest's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, WisdomTree Interest Rate has a Price To Sales of 0.0 times. This is 100.0% lower than that of the WisdomTree family and about the same as Nontraditional Bond (which currently averages 0.0) category. The price to sales for all United States etfs is 100.0% higher than that of the company.
Did you try this?
Run Correlation Analysis Now
Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated |
| All Next | Launch Module |
Fund Asset Allocation for WisdomTree Interest
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides WisdomTree Interest'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 | 278 | |||
| Beta | 0.14 | |||
| Total Asset | 345.98 M | |||
| One Year Return | 8.90 % | |||
| Three Year Return | 3.70 % | |||
| Five Year Return | 2.90 % | |||
| Ten Year Return | 2.00 % | |||
| Net Asset | 345.98 M | |||
| Last Dividend Paid | 0.083 | |||
| Bond Positions Weight | 5.86 % |
About WisdomTree Interest Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree Interest Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree Interest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree Interest Rate 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.
Pair Trading with WisdomTree Interest
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 Interest 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 Interest will appreciate offsetting losses from the drop in the long position's value.Moving together with WisdomTree Etf
| 0.84 | RISR | FolioBeyond Rising Rates | PairCorr |
| 0.9 | RINF | ProShares Inflation | PairCorr |
Moving against WisdomTree Etf
| 0.8 | FXY | Invesco CurrencyShares | PairCorr |
| 0.43 | ULE | ProShares Ultra Euro | PairCorr |
The ability to find closely correlated positions to WisdomTree Interest 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 Interest 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 Interest - 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 Interest Rate to buy it.
The correlation of WisdomTree Interest 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 Interest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree Interest Rate 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 Interest 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 WisdomTree Interest Piotroski F Score and WisdomTree Interest Altman Z Score analysis. Note that the WisdomTree Interest Rate information on this page should be used as a complementary analysis to other WisdomTree Interest's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of WisdomTree Interest Rate 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 Interest's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Interest'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 Interest's market value can be influenced by many factors that don't directly affect WisdomTree Interest'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 Interest's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Interest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Interest'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.