First Trust Enhanced Etf Cash Position Weight
| FFA Etf | USD 20.53 0.19 0.92% |
First Trust Enhanced 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 Etf. 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 etf.
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First Trust Enhanced ETF Cash Position Weight Analysis
First Trust's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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In accordance with the recently published financial statements, First Trust Enhanced has 0.0% in Cash Position Weight. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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First Fundamentals
| Return On Equity | -12.43 | ||||
| Return On Asset | 0.37 | ||||
| Operating Margin | 32.98 % | ||||
| Current Valuation | 308.47 M | ||||
| Shares Outstanding | 19.98 M | ||||
| Shares Owned By Insiders | 5.57 % | ||||
| Shares Owned By Institutions | 34.22 % | ||||
| Number Of Shares Shorted | 8.61 K | ||||
| Price To Earning | 6.58 X | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 48.94 X | ||||
| Revenue | 6.72 M | ||||
| Gross Profit | 6.07 M | ||||
| Net Income | (46.26 M) | ||||
| Cash And Equivalents | 1.74 M | ||||
| Cash Per Share | 0.09 X | ||||
| Current Ratio | 3.60 X | ||||
| Book Value Per Share | 18.29 X | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | 2.50 X | ||||
| Number Of Employees | 14 | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 387.67 M | ||||
| Total Asset | 230.17 M | ||||
| Retained Earnings | (136.61 M) | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 22.04 % | ||||
| One Year Return | 22.10 % | ||||
| Three Year Return | 7.20 % | ||||
| Five Year Return | 12.33 % | ||||
| Last Dividend Paid | 1.26 |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Enhanced'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 Enhanced based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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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.When determining whether First Trust Enhanced is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:Check out First Trust Piotroski F Score and First Trust Altman Z Score analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of First Trust Enhanced 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.