USMF Stock Summary and Trading Ideas (WisdomTree U.S. Multifactor | BATS:USMF)

The WisdomTree U.S. Multifactor Fund seeks to track the investment results of companies with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.The WisdomTree U.S. Multifactor Index is comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.

WisdomTree U.S. Multifactor trades on the BATS stock market under the symbol USMF.

As of April 26, 2024, USMF stock price declined to $44.60 with 21,151 million shares trading.

USMF has a beta of 0.65, meaning it tends to be less sensitive to market movements. USMF has a correlation of 0.65 to the broad based SPY ETF.

USMF has a market cap of $293.22 million. This is considered a Small Cap stock.

In the last 3 years, USMF stock traded as high as $46.73 and as low as $33.98.

USMF has underperformed the market in the last year with a return of +21.7%, while the SPY ETF gained +26.8%. In the last 3 month period, USMF fell short of the market, returning +3.1%, while SPY returned +4.5%. However, in the most recent 2 weeks USMF has outperformed the stock market by returning -1.5%, while SPY returned -1.9%.

USMF support price is $44.36 and resistance is $45.08 (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 USMF stock will trade within this expected range on the day.