First Trust Valuation

FNX Etf  USD 121.11  0.71  0.58%   
At this time, the entity appears to be fairly valued. First Trust Mid shows a prevailing Real Value of $121.1 per share. The current price of the entity is $121.11. Our model computes the value of First Trust Mid from reviewing the entity fundamentals such as Price To Sales of 1.16 X, total asset of 853.51 M, and Beta of 1.12 as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
121.11
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust Mid is based on 3 months time horizon. Increasing First Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since First Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Etf. 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  121.11 Real  121.1 Hype  120.98
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.
120.11
Downside
121.10
Real Value
122.09
Upside
Estimating the potential upside or downside of First Trust Mid helps investors to forecast how First etf'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:
Hype
Prediction
LowEstimatedHigh
119.99120.98121.97
Details

First Trust Total Value Analysis

First Trust Mid is currently estimated to have company total value of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the First Trust fundamentals before making security assessment based on enterprise value of the company

First Trust Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of First suggests not a very effective usage of assets in December.

About First Trust Valuation

Our relative valuation model uses a comparative analysis of First Trust. We calculate exposure to First Trust's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Trust's related companies.

Other Information on Investing in First Etf

First Trust financial ratios help investors to determine whether First Etf 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 Trust security.