DEM Stock Summary and Trading Ideas (WisdomTree Emerging Markets High Dividend | ARCA:DEM)

The WisdomTree Emerging Markets High Dividend Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield. Securities ranking in the highest 30% by dividend yield are selected for inclusion. Companies are weighted in the Index based on annual cash dividends paid.

WisdomTree Emerging Markets High Dividend trades on the ARCA stock market under the symbol DEM.

As of April 19, 2024, DEM stock price climbed to $41.23 with 156,940 million shares trading.

DEM has a beta of 0.77, meaning it tends to be less sensitive to market movements. DEM has a correlation of 0.42 to the broad based SPY ETF.

DEM has a market cap of $2.76 billion. This is considered a Mid Cap stock.

In the last 3 years, DEM stock traded as high as $47.66 and as low as $31.80.

DEM stock has underperformed the market in the last year with a return of +9.1%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DEM shares. However, DEM has outperformed the market in the last 3 month and 2 week periods, returning +7.9% and -2.3%, while SPY returned +4.3% and -3.5%, respectively. This indicates DEM has been having a stronger performance recently.

DEM support price is $40.86 and resistance is $41.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DEM stock will trade within this expected range on the day.