First Trust Energy Fund Current Valuation
| FENDelisted Fund | USD 14.09 0.02 0.14% |
Valuation analysis of First Trust Energy helps investors to measure First Trust's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that First Trust's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. First Trust Energy shows a prevailing Real Value of $12.83 per share. The current price of the fund is $14.09. We determine the value of First Trust Energy from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise obtaining undervalued funds and abandoning overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Since First Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Fund. However, First Trust's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14.09 | Real 12.83 | Hype 14.09 | Naive 14.15 |
The intrinsic value of First Trust's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence First Trust's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Trust Energy helps investors to forecast how First fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Trust more accurately as focusing exclusively on First Trust's fundamentals will not take into account other important factors: First Trust Energy Fund Current Valuation Analysis
First Trust's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current First Trust Current Valuation | 363.26 M |
Most of First Trust's fundamental indicators, such as Current Valuation, 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 Trust Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, First Trust Energy has a Current Valuation of 363.26 M. This is much higher than that of the Carillon Family of Funds family and significantly higher than that of the Asset Management category. The current valuation for all United States funds is notably lower than that of the firm.
First Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Trust's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics of similar companies.First Trust is currently under evaluation in current valuation among similar funds.
First Fundamentals
| Return On Equity | 19.36 | |||
| Return On Asset | 0.29 | |||
| Profit Margin | 989.03 % | |||
| Operating Margin | 30.76 % | |||
| Current Valuation | 363.26 M | |||
| Shares Outstanding | 19.45 M | |||
| Shares Owned By Insiders | 23.67 % | |||
| Shares Owned By Institutions | 35.83 % | |||
| Number Of Shares Shorted | 157.72 K | |||
| Price To Earning | 4.91 X | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 48.81 X | |||
| Revenue | 5.9 M | |||
| Gross Profit | 5.78 M | |||
| Net Income | 58.4 M | |||
| Cash And Equivalents | 7.99 M | |||
| Cash Per Share | 0.41 X | |||
| Total Debt | 79.2 M | |||
| Debt To Equity | 0.25 % | |||
| Current Ratio | 8.18 X | |||
| Book Value Per Share | 12.62 X | |||
| Cash Flow From Operations | 18.64 M | |||
| Short Ratio | 2.01 X | |||
| Earnings Per Share | (5.60) X | |||
| Number Of Employees | 14 | |||
| Beta | 1.18 | |||
| Market Capitalization | 315.02 M | |||
| Total Asset | 165.15 M | |||
| Retained Earnings | (14.51 M) | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 8.41 % | |||
| One Year Return | 20.90 % | |||
| Three Year Return | 13.58 % | |||
| Five Year Return | 3.73 % | |||
| Net Asset | 469.47 M | |||
| Last Dividend Paid | 1.2 |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust Energy based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with First Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with First Fund
| 0.86 | KSOCX | Kinetics Small Cap | PairCorr |
| 0.87 | KINAX | Kinetics Internet | PairCorr |
| 0.87 | KNPCX | Kinetics Paradigm Steady Growth | PairCorr |
| 0.87 | WWNPX | Kinetics Paradigm Steady Growth | PairCorr |
Moving against First Fund
| 0.83 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.78 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.72 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
The ability to find closely correlated positions to First Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Trust Energy to buy it.
The correlation of First Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Trust Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in First Fund
If you are still planning to invest in First Trust Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the First Trust's history and understand the potential risks before investing.
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