EZM Stock Summary and Trading Ideas (WisdomTree U.S. Midcap Earnings | ARCA:EZM)

The WisdomTree U.S. MidCap Earnings Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the U.S. Stock Market. The index is comprised of the companies in the top 75% of the market capitalization of the WisdomTree U.S. Earnings Index after the 500 largest companies have been removed. Companies in the index are incorporated and listed in the U.S. and have generated positive cumulative earnings over their most recent four fiscal quarters prior to the index measurement date. The index is earnings-weighted in December of each year to reflect the proportionate share of the aggregate earnings each component company has generated. Companies with greater earnings generally have larger weights in the index.

WisdomTree U.S. Midcap Earnings trades on the ARCA stock market under the symbol EZM.

As of April 16, 2024, EZM stock price declined to $57.10 with 7,471 million shares trading.

EZM has a beta of 1.14, meaning it tends to be more sensitive to market movements. EZM has a correlation of 0.61 to the broad based SPY ETF.

EZM has a market cap of $768.00 million. This is considered a Small Cap stock.

In the last 3 years, EZM stock traded as high as $61.23 and as low as $43.61.

EZM has underperformed the market in the last year with a price return of +16.7% while the SPY ETF gained +23.9%. EZM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.1% and -5.8%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

EZM support price is $56.59 and resistance is $57.97 (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 EZM stock will trade within this expected range on the day.