First Trust Competition

Funds . USA . 
Fund . First Trust Mortgage
FMY Fund  USD 12.25  0.27  2.25%   
First Trust Mortgage competes with First Trust, Western Asset, Western Asset, BlackRock Floating, and Neuberger Berman; as well as few others. The fund is not classified under any group at the present time. Analyzing First Trust competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of First Trust to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out First Trust Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of First Trust competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
11.3611.9812.60
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Intrinsic
Valuation
LowRealHigh
10.4311.0513.18
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11.2411.8612.48
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11.7911.9412.09
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First Trust Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between First Trust and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of First and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of First Trust Mortgage does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NSL
+ 0.95
JRO
SPXX
+ 0.91
NML
SPXX
+ 0.83
BGT
BGT
+ 0.77
FCT
EHI
+ 0.76
GDO
NML
+ 0.75
FCT
  
High negative correlations   
BGT
- 0.82
GDO
GDO
- 0.82
NSL
NML
- 0.77
GDO
SPXX
- 0.76
GDO
GDO
- 0.73
JRO
GDO
- 0.72
FCT

Risk-Adjusted Indicators

There is a big difference between First Fund performing well and First Trust Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Trust's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FCT  0.39  0.05 (0.12) 0.76  0.34 
(0.49)
 0.88 
(0.79)
 2.75 
JRO  0.48  0.02 (0.14)(0.04) 0.72 
(0.45)
 0.92 
(1.17)
 2.86 
NSL  0.45  0.03 (0.17)(0.24) 0.49 
(0.56)
 0.90 
(1.09)
 2.24 
GDO  0.37 (0.12) 0.00 (1.22) 0.00 
 0.00 
 0.51 
(0.98)
 2.01 
EHI  0.58 (0.05) 0.00 (0.19) 0.00 
 0.00 
 1.19 
(1.17)
 3.14 
BGT  0.54  0.05 (0.10) 0.80  0.50 
(0.62)
 1.19 
(1.03)
 2.83 
GAMI  2.13  0.17  0.03  1.28  2.26 
(2.29)
 4.25 
(3.45)
 11.83 
NML  0.75  0.20  0.16  0.42  0.53 
(0.83)
 2.18 
(1.37)
 3.81 
BCAT  0.47  0.00 (0.12) 0.12  0.48 
(0.54)
 1.10 
(0.76)
 2.93 
SPXX  0.46  0.03 (0.03) 0.17  0.49 
(0.50)
 1.02 
(0.87)
 3.18 
All Fundamental Data

First Trust Competitive Analysis

The better you understand First Trust competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, First Trust's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across First Trust's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FMY FCT JRO NSL GDO EHI BGT GAMI NML BCAT
 2.25 
 12.25 
First
 0.38 
 10.44 
First
 0.64 
 7.83 
Nuveen
 0.22 
 4.56 
Nuveen
 0.26 
 11.56 
Western
 0.60 
 6.71 
Western
 0.23 
 12.99 
BlackRock
 0.00 
 18.20 
GAMCO
 0.22 
 9.27 
Neuberger
 0.50 
 16.19 
BlackRock
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
OK
Very Weak
Very Weak
Very Weak
Very Weak
OK
Very Weak
Solid
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Dangerous
Dangerous
Low
Low
Below Average
Dangerous
Low
Very Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Sell
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Hold
Not Rated
Not Rated
Cautious Hold
Cautious Hold
Cautious Hold
Not Rated
Strong Buy
Strong Hold
Current Ratio
3.47
0.11
0.97
0.25
N/A
0.07
0.06
2.44
N/A
N/A
Net Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
231.67 M
N/A
2.05 B
Profit Margin
-81.33
-55.2
-33.43
-35.96
N/A
-138.48
-81.36
0.2
N/A
N/A
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
108.13 M
N/A
N/A
Price To Book
0.8
0.8
0.81
0.82
N/A
0.68
0.84
3.4
N/A
0.92
Operating Margin
70.32
80.3
81.92
81.27
N/A
84.66
82.19
0.37
N/A
N/A
Current Valuation
42.71 M
367.12 M
548.67 M
298.18 M
N/A
230.66 M
370.63 M
307.03 M
N/A
N/A
Five Year Return
2.31
4.59
7.55
7.59
0.0637
1.16
6.16
0.45
13.59
N/A
Retained Earnings
N/A
(182.61 M)
(129.9 M)
(113.42 M)
N/A
(123.21 M)
N/A
N/A
N/A
(137.03 M)
One Year Return
12.49
9.18
N/A
N/A
7.5
11.02
10.91
N/A
41.17
N/A
Beta
0.25
0.59
0.56
0.53
0.4
0.74
0.62
1.29
1.21
N/A
Number Of Employees
12
14
23
23
13
17
20
168
22
N/A
Shares Outstanding
4.21 M
25.96 M
40.54 M
38.61 M
14.94 M
22.7 M
22.36 M
6.81 M
56.66 M
107.46 M
Three Year Return
3.11
5.15
N/A
N/A
-3.41
-2.25
7.0
N/A
23.97
N/A
Cash Flow From Operations
N/A
45.04 M
33.55 M
27.4 M
N/A
24.94 M
20.97 M
96.13 M
N/A
N/A
Annual Yield
0.0051
0.0044
N/A
N/A
0.0065
0.0071
0.0042
0.0088
0.0052
0.11
Total Debt
N/A
116 M
237.16 M
132.58 M
N/A
77 M
127 M
50.99 M
N/A
194.62 M
Return On Equity
-3.7
-3.56
-2.65
-2.87
N/A
-14.14
-5.63
0.53
N/A
N/A
Z Score
N/A
N/A
0.6
0.6
N/A
N/A
N/A
6.4
N/A
N/A
Return On Asset
1.95
2.2
2.39
2.39
N/A
3.61
2.33
0.29
N/A
N/A
Number Of Shares Shorted
560
47.1 K
56.22 K
21.57 K
1.29 K
14.33 K
21.5 K
65.48 K
9.93 K
38.42 K
Book Value Per Share
14.45
12.71
10.11
6.0
N/A
10.59
13.4
4.76
N/A
N/A
Total Asset
N/A
438.01 M
393.6 M
253.16 M
N/A
556.11 M
N/A
231.67 M
N/A
2.05 B
Last Dividend Paid
0.66
0.83
0.79
0.46
1.21
0.8
0.94
0.16
0.27
N/A
Debt To Equity
N/A
0.39
0.63
0.62
N/A
0.4
0.47
0.33
N/A
N/A
Short Ratio
0.08
0.36
0.46
0.13
0.03
0.3
0.23
6.27
0.07
0.12
Shares Owned By Institutions
81.79
80.12
33.78
34.36
30.1
24.83
33.96
72.35
59.4
32.82
Market Capitalization
54.85 M
331.6 M
333.69 M
189.58 M
218.8 M
184.76 M
260.59 M
470.25 M
382.45 M
1.73 B
Price To Earning
44.96
82.76
9.31
9.8
10.41
6.38
93.42
5.87
2.22
13.15
Price To Sales
18.56
13.16
10.59
10.62
N/A
7.38
12.6
1.39
N/A
8.19
Net Income
(2.13 M)
(11.08 M)
(10.53 M)
(6.42 M)
N/A
(30.74 M)
(16.18 M)
73.2 M
N/A
N/A
Earnings Per Share
0.26
0.12
-0.15
-0.15
1.38
1.13
0.12
2.07
2.9
1.96
Shares Owned By Insiders
32.58
13.8
0.02
N/A
N/A
N/A
N/A
4.53
N/A
0.31
Year To Date Return
6.95
7.46
N/A
N/A
0.68
3.44
8.43
N/A
41.2
N/A
Revenue
2.61 M
20.08 M
31.52 M
17.85 M
N/A
22.2 M
19.89 M
301.13 M
N/A
N/A
Cash And Equivalents
3.43 M
918.37 K
4.3 M
10.86 M
N/A
458.2 K
881.28 K
133.89 M
N/A
N/A
Cash Per Share
0.81
0.04
0.11
0.28
N/A
0.02
0.04
5.16
N/A
N/A
Gross Profit
2.64 M
20.08 M
31.52 M
17.85 M
N/A
22.2 M
19.49 M
182.94 M
N/A
N/A
Day Typical Price
12.16
10.43
7.81
4.57
11.55
6.7
12.99
18.2
9.29
16.2
Accumulation Distribution
297.64
1083.88
0.0102
0.0065
678.37
337.94
1695.79
N/A
6254.06
1404.14
Market Facilitation Index
0.0
0.0
0.08
0.03
0.0
0.0
0.0
N/A
0.0
N/A
Daily Balance Of Power
1.0
0.4444
0.625
(0.33)
0.2143
1.0
0.2
0.0
(0.10)
0.8
Period Momentum Indicator
0.27
0.04
0.05
(0.01)
0.03
0.04
0.03
N/A
(0.02)
0.08
Rate Of Daily Change
1.02
1.0
1.01
1.0
1.0
1.01
1.0
1.0
1.0
1.0
Day Median Price
12.12
10.43
7.8
4.57
11.54
6.69
12.99
18.2
9.3
16.2
Price Action Indicator
0.27
0.035
0.055
(0.02)
0.035
0.04
0.02
N/A
(0.04)
0.03
Relative Strength Index
46.88
56.92
56.25
60.44
42.96
52.33
50.77
52.54
72.29
59.79
Coefficient Of Variation
(5,333)
715.36
4107.55
1999.66
(463.48)
(3,633)
948.36
1325.52
345.69
1004.94
Mean Deviation
0.5183
0.3894
0.4763
0.4508
0.3731
0.5831
0.5373
2.13
0.7458
0.4662
Jensen Alpha
(0.01)
0.0516
0.0224
0.0277
(0.12)
(0.05)
0.0501
0.1709
0.1972
(0)
Total Risk Alpha
(0.12)
(0.02)
(0.1)
(0.07)
(0.19)
(0.14)
(0.04)
(0.23)
0.1201
(0.05)
Sortino Ratio
N/A
(0.12)
(0.14)
(0.17)
N/A
N/A
(0.10)
0.0274
0.1584
(0.12)
Downside Variance
N/A
0.2447
0.7008
0.3797
N/A
N/A
0.3551
6.15
0.9556
0.32
Standard Deviation
0.6332
0.5106
0.6427
0.5681
0.4715
0.7249
0.6549
2.63
0.9875
0.6061
Kurtosis
(0.51)
0.6838
0.8103
(0.34)
0.0302
(0.11)
(0.56)
0.0456
(0.01)
0.8995
Potential Upside
1.09
0.8815
0.9211
0.8969
0.5115
1.19
1.19
4.25
2.18
1.1
Treynor Ratio
0.1919
0.7615
(0.04)
(0.24)
(1.22)
(0.19)
0.7992
1.28
0.4245
0.116
Maximum Drawdown
2.72
2.75
2.86
2.24
2.01
3.14
2.83
11.83
3.81
2.93
Variance
0.4009
0.2607
0.4131
0.3228
0.2223
0.5255
0.4289
6.94
0.9752
0.3673
Market Risk Adjusted Performance
0.2019
0.7715
(0.03)
(0.23)
(1.21)
(0.18)
0.8092
1.29
0.4345
0.126
Risk Adjusted Performance
(0.02)
0.1022
0.0167
0.0349
(0.17)
(0.02)
0.0792
0.0649
0.2241
0.0737
Skewness
(0.04)
0.2375
(0.66)
(0.14)
(0.40)
(0.12)
0.2098
0.4474
0.2594
0.0999
Semi Deviation
N/A
0.3371
0.718
0.4875
N/A
N/A
0.5017
2.26
0.5333
0.4783
Information Ratio
(0.23)
(0.12)
(0.18)
(0.18)
(0.49)
(0.21)
(0.09)
0.0258
0.1568
(0.12)
Value At Risk
(1.13)
(0.79)
(1.17)
(1.09)
(0.98)
(1.17)
(1.03)
(3.45)
(1.37)
(0.76)
Expected Short fall
N/A
(0.49)
(0.45)
(0.56)
N/A
N/A
(0.62)
(2.29)
(0.83)
(0.54)
Downside Deviation
N/A
0.4947
0.8371
0.6162
N/A
N/A
0.5959
2.48
0.9775
0.5656
Semi Variance
N/A
0.1137
0.5155
0.2377
N/A
N/A
0.2517
5.13
0.2844
0.2287

First Trust Competition Performance Charts

Five steps to successful analysis of First Trust Competition

First Trust's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by First Trust Mortgage in relation to its competition. First Trust's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of First Trust in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact First Trust's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to First Trust Mortgage, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your First Trust position

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Other Information on Investing in First Fund

First Trust financial ratios help investors to determine whether First Fund 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.
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