First Trustconfluence Financial Statements From 2010 to 2024
| FOVCX Fund | USD 25.47 0.27 1.05% |
Check First Trustconfluence financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Trustconfluence's main balance sheet or income statement drivers, such as , as well as many indicators such as . First financial statements analysis is a perfect complement when working with First Trustconfluence Valuation or Volatility modules.
First |
First Trustconfluence Small Mutual Fund Price To Sales Analysis
First Trustconfluence's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current First Trustconfluence Price To Sales | 1.85 X |
Most of First Trustconfluence's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Trustconfluence Small is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, First Trustconfluence Small has a Price To Sales of 1.85 times. This is much higher than that of the First Trust family and significantly higher than that of the Small Blend category. The price to sales for all United States funds is notably lower than that of the firm.
First Trustconfluence Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Trustconfluence's current stock value. Our valuation model uses many indicators to compare First Trustconfluence value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trustconfluence competition to find correlations between indicators driving First Trustconfluence's intrinsic value. More Info.First Trustconfluence Small is rated # 2 fund in price to earning among similar funds. It also is rated # 2 fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for First Trustconfluence Small is roughly 10.23 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Trustconfluence's earnings, one of the primary drivers of an investment's value.About First Trustconfluence Financial Statements
First Trustconfluence investors use historical fundamental indicators, such as First Trustconfluence's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in First Trustconfluence. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in equity securities of U.S. listed companies with small market capitalizations at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 Index or the SP SmallCap 600 Index during the most recent 12-month period .
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in First Mutual Fund
First Trustconfluence financial ratios help investors to determine whether First Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trustconfluence security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |