Wisdomtree Japan Hedged Etf Fundamentals
| DXJSDelisted Etf | USD 36.88 0.04 0.11% |
Fundamental analysis of WisdomTree Japan allows traders to better anticipate movements in WisdomTree Japan's stock price by examining its financial health and performance throughout various phases of its business cycle.
WisdomTree |
WisdomTree Japan Hedged ETF Beta Analysis
WisdomTree Japan'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 Japan Beta | 0.17 |
Most of WisdomTree Japan'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 Japan Hedged 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.
CompetitionIn accordance with the recently published financial statements, WisdomTree Japan Hedged has a Beta of 0.17. This is much higher than that of the WisdomTree family and significantly higher than that of the Japan Stock category. The beta for all United States etfs is notably lower than that of the firm.
WisdomTree Japan Hedged Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree Japan's current stock value. Our valuation model uses many indicators to compare WisdomTree Japan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree Japan competition to find correlations between indicators driving WisdomTree Japan's intrinsic value. More Info.WisdomTree Japan Hedged is rated # 2 ETF in price to earning as compared to similar ETFs. It also is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for WisdomTree Japan Hedged is roughly 14.21 . Comparative valuation analysis is a catch-all technique that is used if you cannot value WisdomTree Japan by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.WisdomTree Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WisdomTree Japan's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of WisdomTree Japan could also be used in its relative valuation, which is a method of valuing WisdomTree Japan by comparing valuation metrics of similar companies.WisdomTree Japan is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for WisdomTree Japan
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides WisdomTree Japan'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.
As returns on the market increase, WisdomTree Japan's returns are expected to increase less than the market. However, during the bear market, the loss of holding WisdomTree Japan is expected to be smaller as well.
WisdomTree Fundamentals
| Price To Earning | 11.94 X | |||
| Price To Book | 0.84 X | |||
| Price To Sales | 0.45 X | |||
| Beta | 0.17 | |||
| Total Asset | 21.97 M | |||
| One Year Return | 10.60 % | |||
| Three Year Return | 24.50 % | |||
| Five Year Return | 18.40 % | |||
| Ten Year Return | 10.20 % | |||
| Net Asset | 21.97 M | |||
| Last Dividend Paid | 0.67 | |||
| Equity Positions Weight | 100.00 % |
About WisdomTree Japan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WisdomTree Japan Hedged's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WisdomTree Japan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WisdomTree Japan Hedged 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.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.
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Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in WisdomTree Etf
If you are still planning to invest in WisdomTree Japan Hedged check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the WisdomTree Japan's history and understand the potential risks before investing.
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