First Trust Financials

FXN Etf  USD 16.61  0.22  1.31%   
You can exercise fundamental analysis to find out if First Trust Energy is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have analyzed and interpolated fourteen available fundamental indicators for First Trust Energy, which can be compared to its peers. The etf experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of First Trust to be traded at $16.11 in 90 days. Key indicators impacting First Trust's financial strength include:
Net Expense Ratio
0.0062
3 y Sharp Ratio
0.56
  
The data published in First Trust's official financial statements typically reflect First Trust's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving First Trust's quantitative information. For example, before you start analyzing numbers published by First accountants, it's essential to understand First Trust's liquidity, profitability, and earnings quality within the context of the First Trust space in which it operates.

First Trust Etf Summary

First Trust competes with First Trust, First Trust, First Trust, First Trust, and First Trust. The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Energy Alphadex is traded on NYSEARCA Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSE ARCA Exchange
ISINUS33734X1274
CUSIP33734X127
RegionNorth America
Investment IssuerFirst Trust
Etf FamilyFirst Trust
Fund CategorySector
Portfolio ConcentrationEnergy
BenchmarkDow Jones Industrial
PhoneNA
CurrencyUSD - US Dollar

First Trust Key Financial Ratios

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.
First Trust Energy is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about  0.07  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for First Trust Energy is roughly  13.73 . 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 Trust's earnings, one of the primary drivers of an investment's value.

First Trust Energy Systematic Risk

First Trust's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Trust volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on First Trust Energy correlated with the market. If Beta is less than 0 First Trust generally moves in the opposite direction as compared to the market. If First Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Trust Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Trust is generally in the same direction as the market. If Beta > 1 First Trust moves generally in the same direction as, but more than the movement of the benchmark.

First Trust Thematic Clasifications

First Trust Energy is part of several thematic ideas from Energy ETFs to Sector ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

First Trust December 13, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Trust help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Trust Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Trust Energy based on widely used predictive technical indicators. In general, we focus on analyzing First Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Trust's daily price indicators and compare them against related drivers.
When determining whether First Trust Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Energy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Energy Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of First Trust Energy is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.