EMMF Stock Summary and Trading Ideas (WisdomTree Emerging Markets Multifactor | ARCA:EMMF)

The WisdomTree Emerging Markets Multifactor Fund seeks capital appreciation by investing primarily in equity securities of emerging markets countries with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.

WisdomTree Emerging Markets Multifactor trades on the ARCA stock market under the symbol EMMF.

As of April 19, 2024, EMMF stock price declined to $25.74 with 2,112 million shares trading.

EMMF has a market cap of $23.17 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, EMMF stock traded as high as $27.23 and as low as $19.32.

EMMF stock has underperformed the market in the last year with a return of +19.2%, 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 EMMF shares. However, EMMF has outperformed the market in the last 3 month and 2 week periods, returning +5.8% and -2.6%, while SPY returned +3.0% and -4.5%, respectively. This indicates EMMF has been having a stronger performance recently.

EMMF support price is $25.65 and resistance is $25.98 (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 EMMF stock will trade within this expected range on the day.