FIRST Etf Financials


CAD 27.89  0.58  2.04%   

Financial data analysis helps to check if markets are now mispricing FIRST TRUST NSDQ. We were able to interpolate seven available fundamental indicators for FIRST TRUST NSDQ, which can be compared to its rivals. Please use FIRST TRUST NSDQ one year return, five year return, equity positions weight, as well as the relationship between the three year return and net asset to make a decision on whether FIRST TRUST is priced correctly. Use FIRST TRUST to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The etf experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of FIRST TRUST to be traded at C$26.77 in 90 days.
With this module, you can analyze FIRST financials for your investing period. You should be able to track the changes in FIRST TRUST individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past FIRST TRUST Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FIRST TRUST's financial statements are interrelated, with each one affecting the others. For example, an increase in FIRST TRUST's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 63
FIRST TRUST NSDQ has more than 63 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for FIRST TRUST etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in FIRST TRUST's official financial statements usually reflect FIRST TRUST's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of FIRST TRUST NSDQ. For example, before you start analyzing numbers published by FIRST accountants, it's critical to develop an understanding of what FIRST TRUST's liquidity, profitability, and earnings quality are in the context of the FT Portfolios Canada Co space in which it operates.
Please note, the presentation of FIRST TRUST's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, FIRST TRUST's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in FIRST TRUST's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of FIRST TRUST NSDQ. Please utilize our Beneish M Score to check the likelihood of FIRST TRUST's management to manipulate its earnings.

FIRST TRUST Company Summary

FIRST TRUST is traded on Toronto Stock Exchange in Canada.
InstrumentCanada Etf
ExchangeToronto Stock Exchange
Investment IssuerOthers
Etf FamilyFT Portfolios Canada Co
CurrencyCAD - Canadian Dollar

FIRST Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FIRST TRUST's current stock value. Our valuation model uses many indicators to compare FIRST TRUST value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FIRST TRUST competition to find correlations between indicators driving FIRST TRUST's intrinsic value. More Info.
FIRST TRUST NSDQ is presently regarded as number one ETF in net asset as compared to similar ETFs. It is presently regarded as number one ETF in equity positions weight as compared to similar ETFs . The ratio of Net Asset to Equity Positions Weight for FIRST TRUST NSDQ is about  130,134 . Comparative valuation analysis is a catch-all model that can be used if you cannot value FIRST TRUST by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for FIRST TRUST's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the FIRST TRUST's earnings, one of the primary drivers of an investment's value.

FIRST TRUST NSDQ Systematic Risk

FIRST TRUST's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FIRST TRUST volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on FIRST TRUST NSDQ correlated with the market. If Beta is less than 0 FIRST TRUST generally moves in the opposite direction as compared to the market. If FIRST TRUST Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FIRST TRUST NSDQ is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FIRST TRUST is generally in the same direction as the market. If Beta > 1 FIRST TRUST moves generally in the same direction as, but more than the movement of the benchmark.

About FIRST TRUST Financials

What exactly are FIRST TRUST Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include FIRST TRUST's income statement, its balance sheet, and the statement of cash flows. Potential FIRST TRUST investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although FIRST TRUST investors may use each financial statement separately, they are all related. The changes in FIRST TRUST's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on FIRST TRUST's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as FIRST TRUST is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of FIRST grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

FIRST TRUST August 13, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FIRST TRUST help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FIRST TRUST NSDQ. We use our internally-developed statistical techniques to arrive at the intrinsic value of FIRST TRUST NSDQ based on widely used predictive technical indicators. In general, we focus on analyzing FIRST Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FIRST TRUST's daily price indicators and compare them against related drivers.
Downside Deviation3.32
Information Ratio0.1334
Maximum Drawdown17.19
Value At Risk(4.08)
Potential Upside6.57
Please see Your Equity Center. Note that the FIRST TRUST NSDQ information on this page should be used as a complementary analysis to other FIRST TRUST's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for FIRST Etf analysis

When running FIRST TRUST NSDQ price analysis, check to measure FIRST TRUST's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FIRST TRUST is operating at the current time. Most of FIRST TRUST's value examination focuses on studying past and present price action to predict the probability of FIRST TRUST's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FIRST TRUST's price. Additionally, you may evaluate how the addition of FIRST TRUST to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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 FIRST TRUST value 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.