First Trust Valuation

QTEC Etf  USD 174.73  5.42  3.01%   
At this time, the entity appears to be overvalued. First Trust NASDAQ shows a prevailing Real Value of $155.83 per share. The current price of the entity is $174.73. Our model computes the value of First Trust NASDAQ from reviewing the entity fundamentals such as Total Asset of 1.43 B, beta of 1.35, and Price To Sales of 3.32 X as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
174.73
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust NASDAQ 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  174.73 Real  155.83 Hype  180.22 Naive  190.8
The real value of First Etf, also known as its intrinsic value, is the underlying worth of First Trust NASDAQ ETF, which is reflected in its stock price. It is based on First Trust's financial performance, growth prospects, management team, or industry conditions. 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, or news.
154.13
Downside
155.83
Real Value
198.17
Upside
Estimating the potential upside or downside of First Trust NASDAQ 100 Technology 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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
173.71182.70191.69
Details
Hype
Prediction
LowEstimatedHigh
178.52180.22181.92
Details
Naive
Forecast
LowNext ValueHigh
189.10190.80192.50
Details

First Trust Total Value Analysis

First Trust NASDAQ 100 Technology is at this time forecasted to have valuation of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the First Trust fundamentals before making equity appraisal 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 latest return on assets of First indicates not a very effective usage of assets in March.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates First Trust's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in First Trust and how it compares across the competition.

About First Trust Valuation

The etf valuation mechanism determines First Trust's current worth on a weekly basis. Our 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.
When determining whether First Trust NASDAQ offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Nasdaq 100 Technology Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Nasdaq 100 Technology Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust NASDAQ 100 Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
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The market value of First Trust NASDAQ 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.