Wisdomtree Cloud Computing Etf Profile
| WCLD Etf | USD 31.93 1.08 3.27% |
Performance0 of 100
| Odds Of DistressLess than 10
|
WisdomTree Cloud is trading at 31.93 as of the 15th of April 2024, a -3.27 percent down since the beginning of the trading day. The etf's lowest day price was 31.9. WisdomTree Cloud has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for WisdomTree Cloud Computing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2024 and ending today, the 15th of April 2024. Click here to learn more.
Under normal circumstances, at least 80 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. More on WisdomTree Cloud Computing
Moving together with WisdomTree Etf
| 0.86 | CIBR | First Trust NASDAQ | PairCorr |
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 Cloud's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WisdomTree Cloud or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2019-09-06 |
| Benchmark | BVP Nasdaq Emerging Cloud Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 616.6 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Karen Q. Wong, Thomas J. Durante, Richard A. Brown |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NASDAQ |
| Number of Constituents | 68.0 |
| Market Maker | Jane Street |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | (5.55) |
| Name | WisdomTree Cloud Computing Fund |
| Currency Code | USD |
| Open Figi | BBG00Q5FMYM0 |
| In Threey Volatility | 29.66 |
| 1y Volatility | 31.33 |
| 200 Day M A | 32.3919 |
| 50 Day M A | 34.9116 |
| Code | WCLD |
| Updated At | 14th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.32) |
WisdomTree Cloud Computing [WCLD] is traded in USA and was established 2019-09-06. The fund is listed under Technology category and is part of WisdomTree family. The entity is thematically classified as Strategy ETFs. WisdomTree Cloud Com at this time have 624.12 M in net assets. , while the total return for the last 3 years was -13.4%.
Check WisdomTree Cloud Probability Of Bankruptcy
Geographic Allocation (%)
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 Cloud Computing 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.
Top WisdomTree Cloud Computing Etf Constituents
| RNG | Ringcentral | Stock | Information Technology |
| DBX | Dropbox | Stock | Information Technology |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology |
| NET | Cloudflare | Stock | Information Technology |
| SQ | Block Inc | Stock | Information Technology |
| APPF | Appfolio | Stock | Information Technology |
| VEEV | Veeva Systems Class | Stock | Health Care |
WisdomTree Cloud Target Price Odds Analysis
What are WisdomTree Cloud's target price odds to finish over the current price? Based on a normal probability distribution, the odds of WisdomTree Cloud jumping above the current price in 90 days from now is close to 99%. The WisdomTree Cloud Computing probability density function shows the probability of WisdomTree Cloud etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.72. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, WisdomTree Cloud will likely underperform. Additionally, wisdomTree Cloud Computing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of WisdomTree Cloud to move above the current price in 90 days from now is close to 99 (This WisdomTree Cloud Computing probability density function shows the probability of WisdomTree Etf to fall within a particular range of prices over 90 days) .
WisdomTree Cloud Top Holders
| DALT | Anfield Capital Diversified | Etf | Multistrategy |
WisdomTree Cloud Com Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. WisdomTree Cloud market risk premium is the additional return an investor will receive from holding WisdomTree Cloud 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 Cloud. 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 Cloud's alpha and beta are two of the key measurements used to evaluate WisdomTree Cloud's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.02) |
WisdomTree Cloud Against Markets
Picking the right benchmark for WisdomTree Cloud 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 Cloud 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 Cloud is critical whether you are bullish or bearish towards WisdomTree Cloud Computing at a given time. Please also check how WisdomTree Cloud'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 Cloud 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?
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Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
How to buy WisdomTree Etf?
Before investing in WisdomTree Cloud, 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 Cloud. To buy WisdomTree Cloud etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WisdomTree Cloud. 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 Cloud etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WisdomTree Cloud Computing 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 Cloud Computing 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 Cloud Computing, 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 Cloud guide.
Already Invested in WisdomTree Cloud Computing?
The danger of trading WisdomTree Cloud Computing 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 Cloud 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 Cloud. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree Cloud Com 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 Cloud Com is a strong investment it is important to analyze WisdomTree Cloud'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 Cloud's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree Cloud Computing. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of WisdomTree Cloud Com 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 Cloud's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Cloud'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 Cloud's market value can be influenced by many factors that don't directly affect WisdomTree Cloud'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 Cloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Cloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Cloud'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.