(CXSE) WisdomTree China - Ratings and Ratios

The WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) is an exchange-traded fund (ETF) that focuses on investing in Chinese companies that are not state-owned enterprises. The funds investment strategy is designed to track the performance of a modified float-adjusted market cap weighted index, which comprises common stocks of Chinese companies that are not controlled by the government.

By excluding state-owned enterprises, the fund provides investors with exposure to a segment of the Chinese economy that is potentially more driven by market forces and less influenced by government policies. This could lead to a more dynamic and innovative investment portfolio, as private companies are often more agile and responsive to changing market conditions.

From a technical analysis perspective, the funds current price is $32.81, which is above its 20-day simple moving average (SMA) of $31.93 and below its 50-day SMA of $32.99. The 200-day SMA is $30.72, indicating a longer-term uptrend. The average true range (ATR) is $0.78, which represents a volatility of 2.38%. Given the current technical setup, a potential trading opportunity may arise if the price breaks above the 50-day SMA, potentially targeting the 52-week high of $39.41.

Fundamentally, the fund has $405.50 million in assets under management (AUM), which is a relatively modest size. However, this could be an opportunity for investors, as smaller funds can be more agile and responsive to changing market conditions. Using a combination of technical and fundamental analysis, a forecast for CXSE could be made. If the funds price breaks above the 50-day SMA and the AUM continues to grow, it could potentially reach $35.00 in the near term, representing a 6.7% increase from the current price. However, if the price falls below the 20-day SMA, it could signal a potential downtrend, targeting the 200-day SMA at $30.72.