WT Stock | | | 11.33 0.30 2.58% |
WisdomTree financial indicator trend analysis is more than just analyzing WisdomTree current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WisdomTree is a good investment. Please check the relationship between WisdomTree Total Assets and its Retained Earnings accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy WisdomTree Stock please use our
How to Invest in WisdomTree guide.
Total Assets vs Retained Earnings
Total Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WisdomTree Total Assets account and
Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between WisdomTree's Total Assets and Retained Earnings is 0.64. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of WisdomTree, assuming nothing else is changed. The correlation between historical values of WisdomTree's Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of WisdomTree are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., WisdomTree's Total Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of WisdomTree assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in WisdomTree books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from WisdomTree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WisdomTree current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy WisdomTree Stock please use our
How to Invest in WisdomTree guide.At this time, WisdomTree's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 16.75 in 2024, whereas
Enterprise Value is likely to drop slightly above 618.3
K in 2024.
WisdomTree fundamental ratios Correlations
Click cells to compare fundamentals
WisdomTree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WisdomTree fundamental ratios Accounts
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Additional Tools for WisdomTree Stock Analysis
When running WisdomTree's price analysis, check to
measure WisdomTree'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 is operating at the current time. Most of WisdomTree's value examination focuses on studying past and present price action to
predict the probability of WisdomTree'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's price. Additionally, you may evaluate how the addition of WisdomTree to your portfolios can decrease your overall portfolio volatility.