First Asset Financials
| ZXM Etf | CAD 42.42 0.24 0.57% |
3 y Sharp Ratio 0.05 |
First |
The data published in First Asset's official financial statements typically reflect First Asset's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving First Asset's quantitative information. For example, before you start analyzing numbers published by First accountants, it's essential to understand First Asset's liquidity, profitability, and earnings quality within the context of the First Asset Investment Management Inc space in which it operates.
First Asset Etf Summary
First Asset competes with First Asset, First Asset, and First Asset. The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Developed Markets ex-North America Target Momentum Index, net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA12555J2011 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | First Asset Investment Management Inc |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 877 642 1289 |
| Currency | CAD - Canadian Dollar |
You should never invest in First Asset without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Etf, because this is throwing your money away. Analyzing the key information contained in First Asset's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
First Asset Key Financial Ratios
First Asset's financial ratios allow both analysts and investors to convert raw data from First Asset's financial statements into concise, actionable information that can be used to evaluate the performance of First Asset over time and compare it to other companies across industries.First Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Asset's current stock value. Our valuation model uses many indicators to compare First Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Asset competition to find correlations between indicators driving First Asset's intrinsic value. More Info.First Asset Morningstar is rated first in price to earning as compared to similar ETFs. It is rated first in beta as compared to similar ETFs totaling about 0.06 of Beta per Price To Earning. The ratio of Price To Earning to Beta for First Asset Morningstar is roughly 16.22 . Comparative valuation analysis is a catch-all model that can be used if you cannot value First Asset by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Asset'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.First Asset Morningstar Systematic Risk
First Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Asset 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on First Asset Morningstar correlated with the market. If Beta is less than 0 First Asset generally moves in the opposite direction as compared to the market. If First Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Asset Morningstar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Asset is generally in the same direction as the market. If Beta > 1 First Asset moves generally in the same direction as, but more than the movement of the benchmark.
First Asset November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of First Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Asset Morningstar. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Asset Morningstar 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 Asset's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8166 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.44 |
Other Information on Investing in First Etf
First Asset 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 Asset security.