First Trust Energy Fund Year To Date Return

Summary

FENDelisted Fund

USD 14.09 0.02 0.14%

First Trust Energy fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Fund. The fundamental analysis module provides a way to measure First Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Trust fund.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

First Trust Energy Fund Year To Date Return Analysis

First Trust's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

YTD Return

(Mean of Monthly Returns - 1)

X

100%

More About Year To Date Return | All Equity Analysis

Current First Trust Year To Date Return

8.41 %

Most of First Trust's fundamental indicators, such as Year To Date Return, 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.

Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.

Competition

According to the company's disclosures, First Trust Energy has a Year To Date Return of 8.4131%. This is much higher than that of the Carillon Family of Funds family and significantly higher than that of the Asset Management category. The year to date return for all United States funds is notably lower than that of the firm.

First Year To Date Return 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 Year To Date Return 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 year to date return 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	Pair Corr
0.87	KINAX	Kinetics Internet	Pair Corr
0.87	KNPCX	Kinetics Paradigm Steady Growth	Pair Corr
0.87	WWNPX	Kinetics Paradigm Steady Growth	Pair Corr

Moving against First Fund

0.83	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.78	KO	Coca Cola Aggressive Push	Pair Corr
0.72	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

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.

Pair Correlation Correlation Matching

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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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