(EPI) WisdomTree India Earnings - Ratings and Ratios

The WisdomTree India Earnings Fund (NYSE ARCA:EPI) is an exchange-traded fund that primarily invests in Indian companies that are profitable and accessible to foreign investors. The funds investment strategy is designed to track the performance of its underlying index, which is comprised of Indian companies that meet specific eligibility criteria.

The funds portfolio is heavily concentrated in Indian equities, with at least 95% of its assets invested in constituent securities of the index or investments with similar economic characteristics. This suggests that the funds performance is closely tied to the overall Indian economy and the profitability of its constituent companies.

From a technical analysis perspective, the funds price action indicates a bullish trend, with its short-term and long-term moving averages suggesting a positive momentum. The funds last price is $47.31, with a 20-day SMA of $46.44 and a 50-day SMA of $45.08, indicating a potential upward trajectory. Additionally, the funds ATR is 0.50, representing a 1.05% daily price movement, which is relatively stable.

Considering the funds AUM of $3.287 billion, it is a sizable investment vehicle with a significant presence in the Indian equity market. The funds non-diversified nature means that it may be more susceptible to market volatility, but it also allows for a more focused investment approach.

Based on the available technical and fundamental data, a forecast for EPI could be as follows: With the current bullish trend and positive momentum, we can expect EPI to continue its upward trajectory in the short term. If the funds price can break through the 52-week high of $50.69, it may be a sign of further bullishness, potentially targeting a new high. Conversely, a drop below the 50-day SMA of $45.08 could indicate a reversal in the trend. Therefore, a potential price target for EPI could be $52.50, representing a 10% increase from its current price.