First Trust Valuation
| FTLS Etf | USD 66.90 0.22 0.33% |
At this time, the entity appears to be undervalued. First Trust LongShort shows a prevailing Real Value of $71.71 per share. The current price of the entity is $66.9. Our model computes the value of First Trust LongShort from reviewing the entity fundamentals such as Beta of 0.51, total asset of 483.17 M, and Price To Sales of 1.14 X as well as analyzing its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust LongShort 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.
The fair value of the First etf is determined by what a typical buyer is willing to pay for full or partial control of First Trust LongShort. 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 66.9 | Real 71.71 | Hype 66.95 |
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 LongShort 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: About First Trust Valuation
The etf valuation mechanism determines First Trust's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of First Trust LongShort based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, 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.Under normal conditions, the fund will expose at least 80 percent of its net assets to U.S. exchange-listed equity securities andor U.S. exchange-traded funds that provide exposure to U.S. exchange-listed equity securities. LongShort Equity is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust LongShort. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of First Trust LongShort 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.